International Politics Essay Example | Topics and Well Written Essays - 1500 words

International Politics - Essay Example This paper aims to critically review the book ‘Why Globalization Works’ which is written by Martin Wolf. In order to support the arguments, evidences from the text will also be presented. Author’s Argument Martin Wolf has presented the topic of globalization rationally. Defending globalization, the author argues that anti globalization, failure of governments and systems have been the cause of global market failures. Wolf also dismantles the argument that rich countries exploit smaller countries. He has drawn a clear picture where the problem exists (Wolf). â€Å"The failure of our world is not that there is too much globalization, but that there is too little† (Wolf 4). Thesis Statement   â€Å"For the greater good, globalization itself is a vibrant channel but as how the political system has mismanaged or mislead this channel of globalization, it has brought the worst affects throughout the world, to the world economies and to their systems†. Bod y The book has a strong appeal for those who are interested in globalization and its future; how democracies will make the most out of this phenomenon and how governments and their free markets will collapse due to its wrong or mere use. In order to understand the author’s argument and to prove the thesis statement, a critical analysis of the book is given below. The idea that distance, space, and technology matters is not disagreed but at the same time a territorial authority of states matter. Even though technology is noticed as a sound source which allows strong territorial control and monitoring of physical objects that crosses the borders, states should not emphasize and rely heavily on the regulation of markets; local or international. The state or a government will itself decide and plan to which extent it is going to utilize the opportunities presented by globalization (Wolf). Market failures are noticed not because of globalization but because of the system failure a nd the weak and ineffective policies. These failures are usually local. It is also due to the central planning as the author has termed it as ‘ludicrous’ as it does not reflect the consumer behavior or his taste, lacking the element of innovation (Wolf 59-60). It is the duty of the government to cater the basic needs of consumers by providing them the basic goods (Wolf). In order to prosper and grow, a state should realize that it needs to clean its debt and at the same time should also protect what belongs to the public. The state must show elements of ‘credibility, predictability, transparency, and consistency’ (Wolf 25). Moreover, the government must refrain itself in interfering in the business deals of merchants and investors. It should let them do business as they want because it is evident that all the Western societies have been crafted by these businessmen using the elements of ‘practicality, rationalism, and freedom of inquiry’ (Wolf) . The author of the book Martin Wolf comes with a very comprehensive definition of globalization that it is something which is meant for the greater good, for the good of the world, for the good of the world’s economies and their economic revivals. The author describes globalization as a method of free trade, and a method where free movement of goods, resources and opportunities are made possible. Globalization itself is an idea to promote the greater integration of the world as the author

National culture Case Study Example | Topics and Well Written Essays - 4000 words

National culture - Case Study Example However what best they can do is to find out and research the strengths and weaknesses of this area and hence upon getting the much needed knowledge, base their theories and strategies in a much more effective and efficient manner. This will help one and all to better understand what the new territory, region or country offers the business and the people associated with it. The best thing is that the benefits and disadvantages are determined even before the organization goes the global way and thus it saves itself from embarrassment which it might face without having proper knowledge and adequate research within it. The significant thing here is to get prepared and be ready for what is to come in the future as concerns to the organization that we are talking about here. Cultures like in the U.S., where organizations are experiencing increased workforce diversity are also finding work effectiveness is influenced by relationships between superiors and subordinates who have different cu ltural heritages (Ettorre 1993; Muller & Haase 1994; Watson, Kumar & Michaelsen 1993). Different cultures have different models of management and ideas of the nature of organizations (Hofstede & Hofstede, 2005). The ways and means that are usually taken care of whilst managing a business are aplenty and it is only up to the top management within a company that the same can be handled in a several different methods. They are the ones to decide as to what is the real manner in which the firm's operations would be handled as well as who will head the respective departments, lead the business strategic units and act as legal and media representatives of the said business. The business, as marketers say, exists to satisfy its target audience through fulfilling a need courtesy its products and/or services or a combination of the both, the same being true in case of a retail outlet which sells gasoline to local consumers, thus giving in petrol plus extra services in the form of window cleaning, fuel gauge checks and so on and so forth. A company or an organization needs soun d management framework at its top so that the staff and the employees working at different levels feel at ease with the job as well as the working environment. This indeed is very important as it builds long-term credibility of the organization that it cares about its employees and not just the customers and in cases profits and revenues only. A formal organization takes into account the role of leadership at the top and the manner in which this leadership is basically carried about, both in the interests of the people within the company as well as the company itself so that the end result is one on which everyone solemnly agree, that is to make the company thrive from a revenue-generating angle and image building aspect in the long run. A business does not come into its own overnight. It takes a lot of research, planning and proper execution to take it where the marketers,