The Implication of Globalization on Life on the Socioeconomic and Political Concepts in Australia - Literature review Example

Running Head: IMPACT OF GLOBALIZATION ON LIFE Name Course Instructor Date The implication of globalization on life with focus on the socioeconomic and political concepts in Australia Research Questions Considering the fact that I will look on the impacts of globalization on life with main focus on these impacts through a political and economic concepts, the following are some of the research questions that I attend to address; What are the impacts of globalization on life measured through the remittances on socio-economic growth? How does migration of people one factor that contributes to globalization affects social and economic growth? How do globalization processes especially those related to social, political and economic interdependence affect the political structures? Research methodology This is a descriptive study that is aimed at establishing the impacts of globalization on life with main focus on the social and economic concept. The methodology of this study will incorporate both quantitative and qualitative methods. Study population Babette and Fleisher (2008) maintain that, target population within the field of statistic is defined as the specific population about which information is desired. Population studies also known as census are more representative since each and every person has an equal chance of being included. This study target population will be on cities within Australia whose data on GDP, HDI and life expectancy data is readily available (Eriksson and Kovalainen 2008). Data collection Data will be collected using both secondary as well as primary sources. Primary data will be collected sing questionnaires both structured and unstructured and will be administered through a drop and pick method to respondents who will be directors of various organization in Australia. Babette and Fleisher (2008) maintain that, the structured questionnaire will be used in an effort to conserve money and time as well provides an easy ground of analysis. On the other hand, unstructured questionnaire will encourage the respondent to give in depth response. Secondary data from Human Development Index in Australia, United Nations Development Program and World Bank will be important in analyzing the impacts of globalization on life. Secondary data will be important in comparing budget allocations to social and economic services and various schemes planned to give dynamism to globalization and how they have placed Australia and her GDP among the community (Belk 2006). Research design The study will incorporate the use of case study. A detailed cases study will enable me to understand the various impacts of a certain socio-economic indicator of globalization. The case study approach will enable me further understand the real impacts of globalization on both life and development. Further, the case study approach will assists in examining the political impacts brought about by globalization (Belk 2006). Here, the approach will play an important role in analyzing impacts of globalization on life represented by both global challenges within a given political development. According to Bestley (2005), empirical methods will enable me to observe the various cumulative changes in a particular phenomenon such as socio-economic development of Australia over time through measuring indicators of socio-economic growth such as the Gross Domestic Product (GDP), life expectancy as well as Human Development Index to assess how they are influenced by globalization. According to Eriksson and Kovalainen (2008), the study will incorporate the use of simple regression analysis to understand the relationship between political structure and socio-economic growth. Data Analysis and Presentation Before the analysis of the obtained responses, the completed questionnaires will be edited to ensure consistency and completeness. According to Bestley (2005), a complete content analysis will be conducted to analyze the respondent view on the impacts of globalization on life with focus on social and economic concepts. The data obtained will further be coded so as to enable the responses to be grouped into different categories to fuel the ease in analyses. The finding will be presented using charts and tables. The Likert scale will be used to analyze the standard deviation and average score. This scale will assists in determining the extent of impacts of globalization on social economic concept of Australia. Data analysis will entail, measure of central tendency, Statistical Packages for Social packages and Microsoft Excel. The use of these tools will play an important role in generating quantitative reports (Bircan 2010). The use of percentages is important for two main reasons; firstly, percentages simplify data obtained data through reducing all the numbers to range between zero and a hundred. Secondly, percentages effectively translate data into standard form with a base of a hundred fro relative comparisons. Finally, descriptive analysis will also be used although limitedly. According to Bircan (2010), descriptive statistics will effectively be used to summarize the data obtained on the impact of globalization on life. This will include frequencies as well as percentages. Tables and other graphical representations will be used to represent the data obtained for ease in analysis as well as interpretation. Ethical Consideration Creswell (2003) maintain that, in compliance with the global set and agreed research code of conducts and ethics, the permission to conduct this study is an application letter will be send to relevant authority within the specific areas which the research will be conducted. Creswell (2003) maintain that, an informed consent as a well as a letter will be presented to each respondent to enable them understands the objectives of the study. Further, this is important as it can be used in case of any unlawful and insecurities occurrences. The entire respondent will be given equal treatment without any kind of prejudice. In addition, the right of participation by the respondent will be on a voluntary basis. Creswell (2003) maintain that, the main idea of voluntary participation is to be realized by respondents by the issuance of authorized questionnaire. The respondents who will be willing to be involved in this study will be issued with the rights of filling out the questionnaire after being explained and have accepted the terms and conditions of their participation. The participant will be notified that no gratuity will be issued for their participation in this study (Eriksson and Kovalainen 2008). All the respondent of this study will provided with an informed consent before they participate in this research study. According to Eriksson and Kovalainen (2008), the informed consent will provide them with information on the purpose of the study and they will have the opportunity to accept or reject their participation. The study on the impacts of globalization on life is unbiased as well as independent of the respondents’ perceptions. Throughout this study, respondent information will be kept confidential. Respondent will be informed that there is no right or wrong response but the questioned was designed to purely determine whether or not globalization has impact on the social and economic well being of individuals. According to Eriksson and Kovalainen (2008), participants will also be informed that they did not have to answer any kind of questions that prove to be uncomfortable for them and assistance will be provided to them if there is any issue that may arise during the interview process. Finally, the researcher will be keen not to interfere with the opinions of the participants and therefore will treat every answer as correct. Limitation of the study The case study to be used is limited to Australia which represents a developed country. Cresswell (2003) maintain that, this will result to generalization of the findings. Another notable limitation is lack of sufficient material on the Australian HDI, GDP and life expectancy and how these factors are impacted by globalization. Some of the used journals had been develop for a completely different purpose thereby raising a question of reliability and in some cases a conflict of interest. In addition, the search for past studies is an expensive process as some of important materials were not available. The researcher will have to purchase some journals and due to financial limitation, some expensive journals which would have otherwise been very useful could not be used (Nell 2011). However, the researcher keenly selected data only relevant to his study. Materials of impacts of globalization on life with focus on Australia are also inaccessible and limited. Lastly, data represented in the journals, articles and books is highly summarized and original data is not available. As a result, it will be hard to tell actual results attained by different researchers and in other cases, limitations of the studies may not be clear. The authors summarize their findings due to space constraints in the journals. Some information that would therefore have been of great importance in developing this report could by no means be recovered from the summaries. References Babette, E and Fleisher, C. (2008). Analysis without paralysis: 10 tools to make better strategic decisions. New York: FT Press Belk, R, 2006, Handbook of Qualitative Research Methods in Marketing. Cheltenham, UK: Edward Edgar. Bestley, R, 2005, Visual research: an introduction to research methodologies in graphic design, Lausanne Switzerland: AVA Publishing Bircan, C. 2010. Optimal degree of foreign ownership under uncertainty . Research seminar in international economics (pp. 1-60). Michigan: University of Michigan . Creswell, J, 2003, Research Design: Qualitative, Quantitative and Mixed Method Approaches. California: Sage Publications. Eriksson, P. and Kovalainen, A. (2008), Qualitative Methods in Business Research, 1st ed. SAGE Publications Ltd., London. Read More