scholarly journals GLOBALIZATION AND THE ECONOMY: EVENTS AND TRENDS FROM NIGERIA

Author(s):  
D.I Ochonogor ◽  
◽  
E Amah ◽  

Globalization has contributed greatly to the advancement of organizations, institutions, societies, and nations in several ways, to the point where most entities are increasingly leveraging on it for the expansion and growth they desire, and how this would translate into increased profit. This paper review global economic systems, institutions, organization, governance, and development under the purview of globalization and its components. The theory of transformationalism was adopted to serve as an undergirding theory for globalization in this context. A vigorous and extensive review was accordingly conducted and submissions were made based on the aim of this research paper. It was concluded that the managerial implication of not leveraging on globalization leaves employees obsolete, ineffective and inefficient which will be inevitably evident in the economy; while over-reliance on globalization could destroy nearly any economy because it breaks geographical and national boundaries and makeslocal firms vulnerable in the global space, thereby exposing them to stiffer and unhealthy competition with more economically viable international organizations, in which thesecountries’ low global production cannot compete or match.

2021 ◽  
Vol 9 (1) ◽  
pp. 113-119
Author(s):  
Maksym Voichuk

The article analyzes scientific approaches to defining the concept of inclusive growth, its place, and its role in the structure of economic systems. Attention is paid to the participation of various researchers and international organizations in the formation of this concept. The practical as-pects of the implementation of the concept of “inclusive economic growth” are determined and the prospects for further research on this concept are outlined, in particular, in terms of different levels of the economy.


Author(s):  
Robert A. Schultz

As I noted in the previous chapter, the world is currently not organized into a single economy sharing benefits and burdens. But at the same time, institutions have developed which transcend national boundaries. We are looking for ethically globalized institutions, those which raise ethical problems which cannot be divided into pieces belonging to different nations. I will begin with a list of international organizations. International organizations are those which have an official presence in more than one nation. Among these, we will separate out those which are ethically globalized institutions and therefore the concern of this book.


2005 ◽  
Vol 10 (2) ◽  
pp. 219-252
Author(s):  
James N. Rosenau

This paper proceeds from the premise that profound changes have transformed the structure of world politics and that, consequently, a new, transnational paradigm of the global system needs to be developed. All the existing paradigms are found to be incapable of handling the proliferation of actors, the declining capacities of governments, the mushrooming of subgroup loyalties, the growing demands of the Third World, and the expansion of the range of issues on the global agenda - to mention only the most salient of the transformations that have rendered world politics both more decentralized and more complex. What is needed, it is argued, is a model organized around micro units of analysis that are common to both the new and old actors, issues, and structures and that thus form the foundation of the many new macro aggregations which have come to share the world stage with governments and international organizations. After developing a conception of four types of aggregational processes through which micro parts are converted into macro wholes, the analysis focuses on two types of transnational roles as worthy of consideration as the basic micro units of the new paradigm. The two types are designated as primitive and derivative roles. The former refers to roles in macro units that would not exist if their activities did not span national boundaries (the multinational corporation is an example), while the latter refers to roles in macro aggregations that do not depend on transnational interactions for their existence even though performances in them to have transnational consequences (examples are farmers, parents, and car drivers, who are both active and inadvertent participants in, respectively, today's global food, population, and energy issues). Whatever the issue involved, and irrespective of whether they are primitive or derivative, all transnational roles can be located on a legitimacy-authority continuum and seen as varying between two extremes, one which gives exclusive priority to the citizen role in a nation-state and the other which accords exclusive loyalty to the transnational role. The tourist and the terrorist are offered as examples of roles at the two extremes of this important continuum.


2020 ◽  
Vol 36 (12) ◽  
pp. 39-41

Purpose The biotechnology (biotech) and pharmaceutical (pharma) industries have a lot of similarities, particularly regarding their mission to provide lifesaving and life-improving drugs. However, there are some key distinctions between the two industries. It is these differences, however, that make that ideal partners and have resulted in a wave of mergers and acquisitions between the two industries. Design/methodology/approach This research paper offers an insider-outsider approach to the biotechnology and pharmaceutical industries. Based on an extensive review of the industries it offers key insights into the reasons for the multiple partnerships that have developed. Findings The findings demonstrate that the different stages of maturity of the business models of biotech and big pharma make them ideal partners. Both rely on the advantages of the other in their development, hence the wave on M&As between the two industries. Originality/value This article clearly shows how two firms or industries at different stages of maturity can be mutually beneficial. This has led to many acquisitions and mergers.


1982 ◽  
Vol 34 (3) ◽  
pp. 380-417 ◽  
Author(s):  
Michael Brecher ◽  
Jonathan Wilkenfeld

In examining patterns in international crises, the authors offer one path to a cocerted attack on a central phenomenon in world politics. After surveying the releva literature, including competing definitions, they set forth a conceptual map of int national crisis variables: actor attributes (age, territory, regime, capability, values system characteristics (size, geography, structure, alliance configuration, stability); a the crisis dimensions they wish to explain (trigger, actor behavior, superpower activity, and the role of international organizations—that is, crisis management, of come, and consequences). From this taxonomy they have developed a research frar work on international crisis, and, as an illustration of more narrow explanatory devie a crisis management-outcome model. Three clusters of hypotheses on the substar and form of crisis outcomes, and the duration of crises, are then tested against I evidence from 185 cases for the period from 1945 to 1962. The ultimate aim is illuminate international crises over a 50-year period, 1930–1980, across all continer cultures, and political and economic systems in the contemporary era.


2002 ◽  
Vol 56 (4) ◽  
pp. 513-514
Author(s):  
Weston Opitz
Keyword(s):  

2017 ◽  
Vol 8 (2) ◽  
pp. 50-56 ◽  
Author(s):  
Vyacheslav Potapenko ◽  
Yevgen Khlobystov ◽  
Robert Kornatowski

This article examines the need to design of the questionnaire for interviewing companies for analysis of barriers and prospects for development of green modernization of the economy of Ukraine. An objective of the study is to analyze existing strategies for the greening economy, the small and medium-sized enterprises’ awareness and special knowledge on environment. The authors observe that, despite the differences between the economic systems, Ukraine and Armenia, the countries of Eastern partnership, have common features of the post-Soviet management system and normative legislative base. The Government can help small and medium-sized enterprises to change their business practices and adapt to modern requirements, by “greening” the current strategy in the industry and innovation, promoting the concept of eco-efficient businesses and products and supporting the environmental innovation. The results reveal that in order to design a questionnaire for interviewing companies about barriers and drivers of green modernization of the economy, it is necessary to do a prior study on the basis of available data, results of research of international organizations and Ukrainian experts in order to compose a working hypothesis that will be a basis for design of the questionnaire.


In the history of the sciences and the arts since the last third of the 19th century two diverging tendencies can be seen. On the one hand the highpoint of nation-state thinking and nationalistic policies was also accompanied by an unmistakable ‘nationalization’ of science and learning. Science, research and learning, which by their very nature should transcend national boundaries, were conceived of as an element in the competitive struggle between the European nations in which ‘jedem wissenschaftlichen Forschungsergebnis ein nationaler Stempel aufgedriickt wird’ and ‘in which science and brains take the place of swords and sinews’. But in contrast to the development towards a ‘wissenschaftlichen Chauvinismus’, about which the German » physiologist Emil Du Bois-Reymond warned as early as 1878 in a speech at the Berlin Academy, there followed in the wake of increasing international liaison in business and trade more pronounced international co-operation between scientists, researchers and learned societies. It was the second half of the 19th century which experienced the remarkable first flowering of institutional ‘scientific internationalism’ with an increasing incidence of international conferences and the founding of numerous international organizations and conventions. No less than 3000 international scientific functions can be counted between 1840 and 1914. And while only 25 international organizations came into existence between 1870 and 1880, and 40 between 1880 and 1890, 68 were founded between 1890 and 1900 and another 300 before 1910.


2013 ◽  
Vol 8 (1) ◽  
pp. 90-113 ◽  
Author(s):  
Falin Zhang

Abstract In the post-2008 global financial crisis era, the global financial governance system has experienced dramatic changes and a comparatively new network system comes into the fore. Meanwhile, China’s extraordinary performance during the crisis by virtue of its unique political and economic systems urged the elevation of its role in the new system. Against this backdrop, three words are appropriate to describe the new system and China’s role in it in the post-crisis era-centripetalism (rather than centrifugalism), elevation (rather than domination) and disparity (rather than coherence). Centripetalism means that patched global financial governance network system has more force to coordinate states and related international organizations. Elevation refers to a relatively more important role of China in the new system, but, by no means, a dominant (or hegemonic) role. China is an indispensable participant rather than a leading power in global financial governance. Disparity indicates the differed strategies of China in various global financial governance institutions or toward different events.


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