For almost three decades, the East Asian and Southeast Asian region have stood out against the rest of the world as a model of development. Making up the East Asian and Southeast Asian Region, Japan, Korea, Malaysia, and Singapore have undergone an remarkable increase in GDP, converting from a poor and technology backwards economy to a group of prosperous nations. ... (Graph 7.4, P.279) Additionally, Japan created a lucrative automobile industry, along with a steel industry that rivaled and surpassed the American industry and electronics. ... Their annual percentages were even greater than Ame...

• Word Count: 828
• Approx Pages: 3
• Grade Level: Undergraduate

But this question is prior to that posed by this Asia Pacific Roundtable; that is, what are the benefits and costs stemming from globalisation? ... They find most resonance in developing countries, and especially those states of Southeast Asia for whom recent economic crises have brought back shades of the north-south contest between the developed and developing world that dominated the international agenda in the 1970s but largely disappeared throughout the 1980s and 1990s. ...

• Word Count: 9082
• Approx Pages: 36
• Grade Level: Undergraduate

In the book "Labor Control and the Postwar Growth Model in Latin America," Ian Roxborough argues that the economic model known as import substitution industrialization (ISI) was employed amongst the Latin American countries after World War II as a compromise to meet the ever growing social and political demands within those countries. ... Many elites, having a desire to maintain their land and power, not lost in the war, did not support the rise of the radical labor unions and therefore, kept the national economy from taking the radical socialist path as had happened in some countries in Asia ...

• Word Count: 571
• Approx Pages: 2
• Has Bibliography
• Grade Level: Undergraduate

This was the result of high population rates in Asia and the resulting lower wage rates, because of a lack of specialization and skilled labor in Asian markets. Frank revolves his entire book around the idea that Europeans were only able to usurp power and influence by controlling the money supply from South America, the labor supply from Africa and the productive capacity of Asia. The high ratio of labor to land and high productivity rates meant that Asian countries did not have the need to mechanize resulting in a "High Level Equilibrium trap" that enabled Europeans to take advantage of th...

• Word Count: 1370
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

Many believe, an effect of this type of globalization is the promotion and spread of capitalism and American cultural ideals. ... This specific spread of American movies, music, clothes and food is referred to as "Mcdonaldization". ... Christopher Bright states the situation in South America is a good example of the dangers of ecological globalization. ... On the other hand developing economies such as East Asia do the exact opposite, they import high tech, while exporting labor-intensive products. ... The effect of this inter industry trading is that unskilled American workers will lose wag...

• Word Count: 1230
• Approx Pages: 5
• Grade Level: Undergraduate

According to this view, it makes little sense for America to produce textiles at home when they can be produced at a lower cost in Honduras or China (which unlike Honduras is a major source of American textile imports). Importing textile would benefit America as well as China. ... Industrial countries charge on average 1 per cent on their sales to other industrial countries while exporters from South Asia pay 8 per cent. ... Last year the Bush administration announced it would give American farmers an extra $175 billion during the next decades. The yearly subsidy the US gives just to American ...

• Word Count: 3797
• Approx Pages: 15
• Grade Level: Undergraduate

While examining the Value of manufactured output around the world, data confirm that North America and Europe have a major trading industry. ... In conclusion countries in North America and Europe are more likely to have a higher manufactured output than African or Asian countries around the world. The low literacy rates in African and Asian countries have such a low manufactured output, making them take part in a more agricultural and laborious economy....

• Word Count: 578
• Approx Pages: 2
• Grade Level: Undergraduate

NIC's are concentrated in the Asia-Pacific region and include South Korea and Singapore. ... The fact is if Africa, East Asia, South Asia and Latin America were to increase their share of world exports by 1c, the gains would lift 128 million people out of poverty. ... LDC's will suffer more as they are vulnerable to change in the international business cycle, as was the case in the Asian financial crisis during the late 90's. It caused currencies of Asian nations to devalue rapidly and increased relative poverty. ... NIC's such as East Asia and Pacific region averaged...

• Word Count: 1477
• Approx Pages: 6
• Grade Level: Undergraduate

Reflecting on American culture, globalisation has made it clear that people with different cultural backgrounds can intermingle. America has now become a multi-community nation with almost every community in the world represented. ... (Mandelbaum, 2003) Increasing integration with the world economy is at a higher rate driving America more productive. ... In the process, more jobs in the America labor force become increasingly vulnerable to international competition. ... The aggregate unemployment rate in China has not been visibly affected by the American imports of foreign goods. ...

• Word Count: 1798
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate

Against the regulation of international financial markets Following the Asian Financial crisis, the international financial institutions put the blame on capitalist policies rather than the liberalisation of capital movements. ... They seemed to ignore the main issues that had led to the Asian Financial Crisis. ... This view was particularly Popular in Latin America, and was behind major stabilization efforts in Argentina, Chile and Mexico, among others. ...

• Word Count: 2133
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate

Mega-dairies became prevalent in multiple Asian countries in the 1970s, soon emerging all over the world as a major source of food security. ... More socially responsible approaches to this are becoming vastly widespread, especially in the Americas. ...

• Word Count: 621
• Approx Pages: 2
• Grade Level: Undergraduate

The extraordinary economic growth in China and their active diplomacy have already transformed East Asia. ... Mingfu points to the benefits of these skills as demonstrated in America's rise. As he stated, "Even with the capacity to lead the world, America did not rush to take the lead" (p. 9). ... Central to China's rise has been their concerted efforts to control the Asian Region. As Mingfu points out, "To lead the world, China first needs to lead Asia" (p. 6). ...

• Word Count: 1993
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate

The Asian Financial Crisis in 1997 fully exposed the flaws inherent in the existing Asian financial market. ... After completing my Program, I plan to work for approximately 2 years in a multinational financial enterprise in HK and then embark on an MBA Program at a first-rate American university. ...

• Word Count: 588
• Approx Pages: 2
• Grade Level: Undergraduate

Similarly, the American stock market often rises when the unemployment rate increases. ... When international capital flows out of a country suddenly, it can precipitate a crisis, particularly if they involve sovereign debt and banking and financial system debt (E&M, 5) Norberg Contends that free movement of capital is good because: It gives people freedom to do whatever they wish with their own resources, eg, Americans can invest their pension funds wherever they wish to do so It provides businesses the liberty to seek financing in other countries Free movement of capital...

• Word Count: 2004
• Approx Pages: 8
• Grade Level: Undergraduate

Empirical data and statistics provide substantial evidence that exposure to global economy has significantly boosted the economic growth in many developing countries especially in Asian countries like China, India , Japan and Singapore. ... China is the most dominant player not only among the Asian economies but also in the international stage. ... Singapore is the prominent example and ranked as the most innovative city in Asia. ... Global integration improves the global competitiveness: A case for Asian economies International trade promotes efficiency in the developing countries since it he...

• Word Count: 2450
• Approx Pages: 10
• Has Bibliography
• Grade Level: Undergraduate

This paper will focus on determining the effects of modern-day (1960-present) cultural relativism in Eurasia, as opposed to America, on business management and protocol. ... Many American people believe in the way of the American economy, However, The way America runs its finances is not necessarily right. ... A nave business mind will assume that the way business is practiced in America is the way it is practiced outside of America. ... An American manager would be most likely be unsuccessful in an attempt to move into an employment opening in an overseas division of a business, or a forei...

• Word Count: 1999
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate

The Brazilian Film Industry In Latin America the film industry in general has undergone many hardships. ... Brazil's film industry is of particular interest because today it stands as the nation in the third world with the largest cinema audience outside Asia, (Bruce p.27). ... Despite the numerous efforts by the Brazilian government, the downfall of Brazilian cinema until the late eighties can be attributed to two major factors: foreign cinema (North America in particular), and the lack of audience interest in Brazilian film, caused by the cost of a movie ticket, the lack of distr...

• Word Count: 751
• Approx Pages: 3
• Grade Level: Undergraduate

With a dense population, the region houses Latino, Asian, Anglo American, and African American populations. ... Asians consist of about 32 percent of population, most of which are of Korean descent. Anglo American and African American populations make up about seven and almost five percent of Koreatown's population. ...

• Word Count: 1603
• Approx Pages: 6
• Has Bibliography
• Grade Level: Undergraduate

This phenomenon is called interdependency; and an example of interdependency would be when East Asian countries faced the Asian Financial Crisis altogether beginning in 1997, making the situations even worse because all the neighboring countries were economically suffering. ... South Korea has been a pro-Western nation, embracing many aspects about American political ideologies; also, South Korea followed many aspects of Chinese education system. ...

• Word Count: 3315
• Approx Pages: 13
• Grade Level: Undergraduate

The book is filled with intriguing chapters on history and a bold analysis of present-day America. ... Kevin Phillips also profiles wealthy Americans-from Astor to Carnegie and Rockefeller to contemporary wealth holders-he provides details about the peculiarly American ways of becoming and staying a multimillionaire. ... He sees American history as one long cycle of boom and reform, alternating between "the avid businessman's pursuit and the populist complaint."... The trouble is that similar symptoms don't necessarily reflect similarity in causes and conditions: the fact that the B...

• Word Count: 1228
• Approx Pages: 5
• Grade Level: Undergraduate

To give an example, the GDP of countries in East Asia and the Pacific has – as reported by the World Bank -- increased significantly since they started to pursue outward-oriented developing strategies, while at the same time, poverty has been reduced.4 With regard to these findings, one might argue that trade is indeed a "positive-sum" game as it furthers economic growth of the countries involved. ... Here, one could argue that the liberal concept of free trade primarily operates in the interests of hegemonic countries dominating the WTO that have already built up a strong eco...

• Word Count: 1318
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

Heller also mentioned that Canada was now looking for employees from Asian countries like India, Japan, China, Sri-Lanka and Malaysia to fill up their service sector and boost their economic transactions with customers in those Asian countries. ... Benitez was arguing is that whenever American Economy is booming and when they need cheap labor during war-time, they open the doors to all those Mexican labors waiting on the other side of the border to get a cheap job in USA. Then these American services toil these cheap laborers and extract all kind of work from them and sometimes even pamper the...

• Word Count: 1738
• Approx Pages: 7
• Grade Level: Undergraduate

The year began with a rebellion of intellectuals under the leadership of an astrophysicist by the name of Fang Lizhi who was in tune with America's views for improvement in human rights. ... These problems are a universal consequence being faced due to Asian-speed economic takeoffs by Asian countries. ...

• Word Count: 2010
• Approx Pages: 8
• Grade Level: Undergraduate

The First World War and Great Depression were hard on primary product exports, and, like many other Latin American countries, Argentina responded with import substitution industrialization. ... However, the 1998 currency crises in East Asia and Russia made foreign investors weary of investing in developing countries, and, consequently, Argentina suffered a recession. ...

• Word Count: 728
• Approx Pages: 3
• Grade Level: Undergraduate

The population of "the West," which includes Western Europe, North America, and Asian capitalist economies, such as Japan, Singapore, and South Korea, has remained flat since the latter half of the 20th century, with some populations, such as Japan's, experiencing a steady decrease. ...

• Word Count: 711
• Approx Pages: 3
• Grade Level: Undergraduate