Understanding the Impact of Globalization: A Comprehensive Literature Review

Globalization has become an inevitable force shaping the modern world. Its influence spans across
various sectors, including economics, politics, culture, and technology. As scholars and researchers
delve deeper into the complexities of globalization, conducting a thorough literature review becomes
paramount. However, the process of synthesizing and analyzing vast amounts of scholarly work can
be daunting. In this article, we explore the challenges associated with crafting a literature review on
the impact of globalization and offer a solution to ease this burden.

The Difficulty of Writing a Literature Review on Globalization

1. Vastness of Literature: Globalization is a multifaceted phenomenon, attracting attention

from scholars across disciplines. Navigating through the extensive literature on globalization
requires time and expertise.
2. Diverse Perspectives: Scholars approach globalization from various theoretical frameworks
and disciplinary lenses, leading to a plethora of perspectives and methodologies. Synthesizing
these diverse viewpoints into a coherent narrative can be challenging.
3. Dynamic Nature of Globalization: Globalization is not static; it evolves continuously in
response to changing economic, political, and technological landscapes. Keeping abreast of
the latest research findings and incorporating them into a literature review requires vigilance
and adaptability.
4. Complex Interconnections: Globalization intersects with numerous other phenomena, such
as trade, migration, cultural exchange, and environmental sustainability. Untangling the
intricate interconnections between globalization and these related topics demands meticulous
attention to detail.
5. Analytical Rigor: A literature review necessitates more than just summarizing existing
studies; it requires critical analysis and synthesis of disparate ideas. This process demands
intellectual rigor and a discerning eye for identifying gaps and contradictions in the literature.

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2. Thorough Research: We conduct extensive research to identify key scholarly works and
seminal studies relevant to your topic. Our writers sift through academic databases, journals,
and books to gather comprehensive literature for your review.
3. Customization: We understand that every literature review is unique, and we tailor our
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While with globalization the power of national governments over macro-economic. Globalization for
Developing Countries in Asia Backed by sound economic policies and information technological
advancements, the South-East Asian countries have prospered as their employment growth rate has
increased tremendously. While, education seems to be a key factor in globalization, what role does
education. The growth of multinationals and the globalization of their impact is wrapped up with.
There was drastic growth in the opportunities in the economy especially in service sector since the
concept of liberalization, globalization and privatization was centre theme of the Indian economy. To
understand the impact of Globalization, it is important to know what it is. Nike, Levi, Coca Cola and
other major companies spend huge sums of money in. In the post-Soviet era, while the newly
independent states are busy in establishing democratic societies and introducing market economy,
the attention paid to women and the status enjoyed by them differ from one state to another.
Medical tourism offers advantages to two industries- healthcare industry and tourism industry.
Because many of these underdeveloped nations have very little political clout with the rest of the
world, and because farmers. Earlier we saw Castells making the point that productivity and
competitiveness are. The qualities and traditions of a society present a significant part of these
profits. Like Zygmunt Bauman, popular political figures claimed that Globalization makes the
industrialized countries rich and the poor developing countries poorer. With my undergraduate
research students (who tend to conduct small-scale qualitative studies ), I encourage them to
conduct a narrative literature review whereby they can identify key themes in the literature.
Developing this strategic plan and implementing it speedily is crucial for any nation to succeed in the
highly competitive knowledge driven global economy. This paper stresses that globalisation and the
initiation of new technologies have significantly changed the way business, government and society
are organized. He holds a PhD in education and has published over 20 articles in scholarly journals.
Many such industrialists migrate their business and production to developing countries, increasing
employment and wealth among poor people. From the aspect of PESTE and other dimensions the
following factors are critical in influencing globalisation and entry of companies into new of markets.
As Beck (1992: 37) has argued there is a boomerang effect in globalization of this. I will analyse the
causes and consequences of globalization from a sociological point of view. After presenting the key
themes, the authors recommend that practitioners need to approach healthcare communication in a
more structured way, such as by ensuring there is a clear understanding of who is in charge of
ensuring effective communication in clinical settings. Often these foreign industries distribute their
work and machine factories in various other countries and states. In practice, it seems that several
factors have led to the globalization of markets and production worldwide. Dahl, S., 2004. Cross-
cultural advertising research: what do we know about the influence of culture on advertising. Social
Posts Create on-brand social posts and Articles in minutes. It may look like it is made up of separate
and sovereign. Nevertheless, since recent past, a number of couples are opting for fertility treatments
outside their native countries mainly because of steep treatment costs in their own countries and also
due to the lack of appropriate monetary aid offered by their respective governments? e.g. Research
involving human embryos. Journal of experimental criminology, 10, 487-513. Women were freed
from the strict religious laws and practices to which they were subjected to, granted equality before
law, afforded opportunities for education, and conditions created for them to join the workforce.
As per World Health Organization, Globalization is defined as the interdependence and
interconnection of people in a local place with the people around the World. Newer technologies in
IT, production and research cut down the production cost, and increase sales. Globalization’s
financial aspect is the major force that acts as a driving agent for both the political and social parts.
See Full PDF Download PDF See Full PDF Download PDF Related Papers Globalization and its
Impacts on the World Economic Development Joseph Mwaniki Download Free PDF View PDF
Understanding Globalization and its Future: An Analysis usman mir, Mubi Qadri Globalization is a
complex and dynamic phenomenon. Help Center Here you'll find an answer to your question. Young
people are increasingly excluded from public spaces outside of schools that. International Monetary
Fund (IMF), the World Bank and others to create a free global. For countries in the vanguard of the
world economy, the balance between knowledge. Conversely, globalisation is affected by different
factors ranging from political, societal to economic. The Levitt methodology begins to show breaks;
as a rule, it’s been demonstrated that actualising the procedure of institutionalising an item in all
societies fizzled entirely to provide results for organisations. As well as opening up considerable
possibility, the employment of new technologies. This type of review is common in technological
and scientific fields but can be applied to any discipline. This is common in the social sciences and
humanities. Romer, Paul M. 1986, “Increasing Returns and Long-Run Growth”, Journal of. He holds
a PhD in education and has published over 20 articles in scholarly journals. The basic insight lying
behind all this is as simple as possible: everything which. It may look like it is made up of separate
and sovereign. Digital Sales Sell your publications commission-free as single issues or ongoing
subscriptions. It is certainly isn’t just the liberalization of markets. Inevitably this leads onto
questions around the generation and. A product is more than a physical thing; it is a heap of
satisfactions (or utilities) that a purchaser gets, these incorporates its form, taste, colour, odour, and
surface, how it works or being used, the bundle mark; the guarantee; the makers and retailers
adjusting, the certainty or distinction delighted in by the brand the producers notorieties, the nation
starting point, and whatever other typical utility got from the ownership or utilisation of the product.
Many of the activities that previously involved face-to-face interaction, or that were. However, with
serialization, the demand for educated workers gradually increased in the developing countries. The
female workers of factories are physically and verbally abused to keep up with the foreign
industrialists’ production demands, as mentioned in 2003, “The Hidden Face of Globalization”.
Kuttner, R. 2002, “Globalization and poverty”, The American Prospect Online. Download Free PDF
View PDF Post Soviet Gender developments in Central Asia International Research Journal
Commerce arts science The development process affects men and women differently. Globalization
helped several African colonies; however, today, most of them are dependent on large wealthy
countries over the years. The power distance, context, individualism or collectivism, the uncertainty
avoidance index and indulgence or restraint factors of cultural dimension influences the type of
products that consumers purchase and consume (Hofstede, 2010). Even after having the half of the
share in the total population, the share of females in the labour force is very meager in number as
compared with other countries. In other words, the impact of globalization is less about the direct
way in which.
Globalization and the decline in power of national governments. Add Links Send readers directly to
specific items or pages with shopping and web links. Download Free PDF View PDF Globalization
and its effects Anab Noor Recent years have had many changes and shifts, one of the largest shifts
was towards Globalization. Trade is emerging as a trend in various underdeveloped and developing
countries. Here we want to focus on four themes that appear with some regularity in the. While with
globalization the power of national governments over macro-economic. A further, crucial aspect of
globalization is the nature and power of multinational. Thus, companies seeking to penetrate into
these cultures will need to consider social class factors by creating highly differentiated products for
the different market segments such as high-end restaurants for the upper classes of people. Activities
that are required for industry and trade use a lot of energy resources. The. Foreign Policy (2002,
“Globalization’s last hurrah?”, Foreign Policy. To maximize production and profit, many
multinational companies avoid maintaining a secure and safe environment for their workers. With
my undergraduate research students (who tend to conduct small-scale qualitative studies ), I
encourage them to conduct a narrative literature review whereby they can identify key themes in the
literature. Moreover, multinational companies are on the forefront. Download Free PDF View PDF
Post Soviet Gender developments in Central Asia International Research Journal Commerce arts
science The development process affects men and women differently. Wendy Stubbs Integrating
Environmental Sustainability Into. Like Zygmunt Bauman, popular political figures claimed that
Globalization makes the industrialized countries rich and the poor developing countries poorer. Due
to this, globalization has become a key issue in the social analysis of economy over the past years.
European Central Bank, involve new constraints and imperatives. The imbibing of extremist ideas
and adaptation of multiple cultures has led to multiculturalism, causing terrorist attacks and suicide
terrorism in countries like Sudan, Egypt, Tunisia, Somalia, and many more. Organizations and the
World Bank have proposed the privatization of this sector. We use cookies to create the best
experience for you. International journal of clinical practice, 69 (11), 1257-1267. Yes, they are
difficult and require a strong degree of comprehension of academic studies. Romer and others have
argued that technology and the knowledge on which it is. It leads to the extinction of various native
languages in developing countries. As a consequence of this globalisation, numerous organisations
have found that it takes more than the acknowledged essentials of astounding, ease, and separation
to exceed expectations of todays profoundly aggressive multinational dominated markets (Tai, 1997).
The reason why deadly diseases are increasing worldwide is because of the technological challenges
that led to the increase of harmful emissions, resulting in global warming. If there is no infrastructure
to help the unemployed train for the globalized economy, social services in the country may become
strained trying to care for the new underclass. This movement has been well documented in the USA
(particularly by Robert Putnam. With the reducing restrictions of trade, labor requirement and
demand of manufacturers has risen.
One of the major positive effects of Globalization is access to foreign interests, culture, and
entertainment via music, movies, apparel, and television broadcasts. As we have already noted, a
particular feature of “globalization” is the momentum. Significantly, the focus on brand rather than
the inherent qualities of the product as. Today, the developing countries can openly communicate
and trade through transport, labor, technology, management, and other benefits from other
industrialized countries. Kuttner, R. 2002, “Globalization and poverty”, The American Prospect
Online. However, the social contrast rose its head amid the first year of the dispatch as French day
out turned out to be altogether different from what American directors thought it would be and
pounded the trusts of blasting benefits of its supervisors, who were then compelled to investigate
local culture and adopt it (Theodosiou and Leonidou, 2003). Effects of information and
communication technology on secretaries’ performan. When the economy was taken shape towards
next phase of development after the adoption of new economic reforms in early 1990s. There was
huge expansion in the manufacturing sector after reforms. Similarly the services sector, the major
contributor to the Indian economy was biggest source of employment opportunities during the post
reforms period. Organizations and the World Bank have proposed the privatization of this sector.
Developing Corporate Social Responsibility for a Sustainable Food System in H. Footer Picture
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Privacy Policy Area Volume Calculator. With the introduction of foreign industrial corporations, the
section of people has shifted their occupation from agriculture and joined industries as laborers
required for mass production. Health tourism helps in combining physical wellness with leisure and
relaxation in order to get a completely rejuvenated experience after the entire process. You can
download the paper by clicking the button above. Capitalism is essentially disruptive and ever-
changing - and takes very different forms. Due to the colonization by Europe in various countries,
some of the practices and cultural lifestyle is adopted by the people deep inside the African villages.
UNESCO believed that 48% of children in Africa were never ever enrolled in primary schools in the
year 2000. Anthony Giddens (1990: 64) has described globalization as “the intensification of.
Among the non-sturdy merchandise, Coca-Cola is pervasive. Shaw, M. 2001, “Review - Jan Aart
Scholte: Globalization. Trade Organization (WTO), the International Monetary Fund (IMF), and the.
Europeans celebrate Halloween, the whole world is listening to American Pop Music and our
neighbours come from all over the world. Scholars can use them for free to gain inspiration and new
creative ideas for their writing assignments. This type of review is common in technological and
scientific fields but can be applied to any discipline. Second, multinationals constantly seek out new
or under-exploited markets. One of the popular political scientist, James Rosenau, described the term
as a currently popular label and accounted for people’s norms, goods, ideas, services, activities, and
currencies that are localized and practiced in a confined area. As well as opening up considerable
possibility, the employment of new technologies. This is achieved by simplifying or omitting stages
of the systematic review process. European Central Bank, involve new constraints and imperatives.
The paper discusses various studies on use of Ayurvedic medicines, regulations and online marketing.
Gee, J. P., Hull, L. and Lankshear, C. (1996) The New Work Order. Behind the. Resources Dive into
our extensive resources on the topic that interests you. Because many of these underdeveloped
nations have very little political clout with the rest of the world, and because farmers. Tone at the
top: the effects of gender board diversity on gender wage inequal. Gee, J. P., Hull, L. and Lankshear,
C. (1996) The New Work Order. Behind the. Even after having the half of the share in the total
population, the share of females in the labour force is very meager in number as compared with other
countries. In a critical review, the reviewer not only summarizes the existing literature, but also
evaluates its strengths and weaknesses. Effects of information and communication technology on
secretaries’ performan. Conclusively, the result of all discussion on future of globalization is that it
will survive and gradually grow with respect to all aspects. The gap between rich and poor countries
has widened considerably. Due to issues dealing with globalization, a lot of research is being carried
out on. In o therwise rarely people who want to preserve the indigenous cultures of Indonesia itself.
International Monetary Fund (IMF), the World Bank and others to create a free global. All the
Central Asian states have taken steps to strengthen their transition to market economy, they are at
various stages of privatization. Significantly, the focus on brand rather than the inherent qualities of
the product as. Inevitably this leads onto questions around the generation and. World Bank Research
2002, “Globalization, Growth and Poverty: Building an. All these factors have a direct effect on
globalised markets, and thus managers need to articulate measures that will take into considerations
all these elements to leverage from the firm’s expansion (Howells, 2005). This led to a small scale of
people working in the fields. In such cases, the widespread chance of employment paves the way for
Globalization. Fourth, multinational companies can also have significant influence with regard to.
Political vulnerability can hinder market penetration an launch of new products in new markets
(Aman Jr, 2000). While the reach and power of multinationals appears to have grown significantly.
Issuu turns PDFs and other files into interactive flipbooks and engaging content for every channel.
Fruitful organisations need to adjust the profits that go with a multi-residential, nation-by-nation
approach. The push to engineer free markets has contained within it the. Moreover, over-fishing is
also becoming a global problem. A. As we have already noted, a particular feature of “globalization”
is the momentum. European Central Bank, involve new constraints and imperatives.
Dahl, S., 2004. Cross-cultural advertising research: what do we know about the influence of culture
on advertising. These funds are spent on improving the social, health, transport structure, and
education of developing countries, helping them with a standard of living. However, economic
progress is not possible if the member countries and governments do not allow free trade flow
without any limitations. Access to technologies As a result of outsourcing, developing countries get
access to the latest technology and technological improvements; they are thus able to use the
technologies to improve the standard of living. He contends that with the patterns of globalisation
and the pace of its actualisation, one must assume that the marketing of specific products could be
possible without taking into consideration the society’s culture and the distinctions in the business
sector. As Naomi Klein (2001: 196) has suggested, “brand builders are the new primary. Change in
government through vote based race can impact future business strategy such as the opportunities
that are currently available in Russia and Eastern Europe are as a result of the breakdown of
socialism. The Philco Ford assembly plant in Taiwan was recorded to kill twelve female workers due
to toxic fumes. In contrast, most developing countries are left behind in the dark. Adobe Express Go
from Adobe Express creation to Issuu publication. Due to technological breakthroughs, the role of
women in the new international division of labour has become vital as the world economy has
assumed truly global proportions. There are many reason which influence people to enter into
business, in India unemployment and government support for entrepreneur can be the main
influencing factors. The liberalization of trade will help the free flow of goods and services with an
increasing profit to the producer country and the export countries. Stein, J. L. (Ed.)., 1997. The
globalisation of markets: capital flows, exchange rates and trade regimes. More resources and FDI
would be at hand because of globalization and ensure lower exchange rate of local currency. Beck,
U. 1999, What is Globalization?, Cambridge: Polity Press. International journal of clinical practice,
69 (11), 1257-1267. Globalization for Developing Countries in Asia Backed by sound economic
policies and information technological advancements, the South-East Asian countries have prospered
as their employment growth rate has increased tremendously. Amartya Sen (2002) has argued that
“the market economy does not work by itself in. However, Globalization alone is not responsible for
poverty in developing countries, weak reforms, governance, lack of economic policies and ideas.
Globalization and the impact of multinationals on local communities. Today, people are keen to learn
the common language around the Globe, English, and thus, the cessation of languages is taking place
rapidly. Conversely, globalisation is affected by different factors ranging from political, societal to
economic. While there is no doubting the growth in scale and scope of multinational. The starting
point for understanding the world today is not the size of its GDP or the. Developing Corporate
Social Responsibility for a Sustainable Food System in H. Organization for Economic Cooperation
and Development (OECD), and has been a. Similarly, others might head abroad to get a cosmetic
surgery done since it is not covered by most insurance providers. So, the business sector identifies
with more than an items physical structure or essential capacity (Parhalad 2005). In recent years we
have witnessed a significant growth in attempts by large.
The liberalization of trade will help the free flow of goods and services with an increasing profit to
the producer country and the export countries. Dr. NN Chavan Keynote address on ADNEXAL
MASS- APPROACH TO MANAGEMENT in the. Thus, before commercialising products in such
markets, multinational will need to test samples of the products to determine their acceptance. This
situation inevitably makes people, especially lovers of pleasures of the world are competing to buy
and collect products that are not necessarily they need, just for the sake of a mere desire. But if it is
good, it is possible for you to follow. The author outlines that this work is an integral part of the area
of globalization of markets and shopper even though some later works by other scholars negated and
criticized his work. This is causing social inequalities in Indonesia is widening every year. Presenting
the concept of globalization and its essence makes an assumption that it affects all aspects of human
activity legitimate. Scandinavian Journal of Management, 31(3), 387-408. In 2006, the US traded 13
percent of its gas from Venezuela, Europe, and different locales. But rather it, there is also negatively
impact which is the flow of information that swift and uncontrolled. As opposed to concurring with
Levitt, most researchers today accept that his contentions were imperfect and his forecasts have not
been borne out. However, according to a survey, Sub Saharan Africa shows increased poverty by
eighty-two million, central Asia and Europe by fourteen million, and the Caribbean and Latin
America by eight million. Foreign Policy (2002, “Globalization’s last hurrah?”, Foreign Policy.
However, the expanding measure of research that has been carried out negates Levitts cases and
rather articulates that marketing is firmly affected by the local society (Working information editors,
2003). Often these foreign industries distribute their work and machine factories in various other
countries and states. In most developing nations, the financial markets are not fully developed, as
such globalization is a boost to the country’s financial markets. Many of the activities that previously
involved face-to-face interaction, or that were. Globalization for Developing Countries in Asia
Backed by sound economic policies and information technological advancements, the South-East
Asian countries have prospered as their employment growth rate has increased tremendously. You
can download the paper by clicking the button above. Statistics Make data-driven decisions to drive
reader engagement, subscriptions, and campaigns. As well as opening up considerable possibility, the
employment of new technologies. But it turns out Globalization it could bring negative impact to our
country. The problem of the ambiguity of the impact of globalization on the modern world lies not in
globalization itself but in the way it is interpreted. World Trade and Globalizationz According to
political scientists, the impact of Globalization and trade on developing countries and industrialized
countries is obvious that has a positive impact on the economic development of the nations. Embed
Host your publication on your website or blog with just a few clicks. International journal of clinical
practice, 69 (11), 1257-1267. H opefully, this can help you in getting the information. In practice, it
seems that several factors have led to the globalization of markets and production worldwide. Shaw,
M. 2001, “Review - Jan Aart Scholte: Globalization.