Thispaper is an annotated bibliography that discusses globalization inthe world. The paper is a compilation of six different sources. In abroad definition, globalization is the aspect or the process ofintegration and interaction between companies, people and thegovernment of different countries, which is driven by internationaltrade as well as growth in information technology. The papercomprises of six sources as well as what each of the sources refersto as globalization.
Ashraf,A. R., Narongsak (Tek), T., & Seigyoung, A. (2014). TheApplication of the Technology Acceptance Model Under DifferentCultural Contexts: The Case of Online Shopping Adoption. JournalOf International Marketing, 22(3), 68-93.
Accordingto the author, this article looks into the aspects of globalizationand technology and how each of them is affecting the other orassisting each other. Global consumption and usage of onlinecommunication i.e. the internet, has remarkably increased over timein the past few decades. This has brought along a betweenunderstanding of the aspect of e-commerce as well as expanding on theimpact of globalization and technology globally. The author hasdeveloped the adoption of technology in the globalization process.Theauthors of the article has offered submissions to technology managersand e-retailers regarding navigating through new technology ande-commerce adoption under various cultural contextsas well as growing aspect of globalization globally.
Feng,L., Hu, W., & Li, Z. (2013). The Effects of Globalisation on theUS Labour Mark`et: Service Sectors Considered. WorldEconomy, 36(12), 1542-1565.
Thisarticle has exemplarily highlighted the effect of globalizationtowards the labor market and has used the United States as an exampleto highlight the effect on the labor market. The main question infocus that the article is looking to answer is how globalization hasaffected wages and employment in the United States. The articlestarts by highlighting the numerous effects of globalization, whichincludes effect to a country`s employment and the labor aspect sincountries. The article compares the inter-sector labor movementbetween the manufacturing and service sectors in the United Statesthrough focusing only on the intra-sector movement within themanufacturing sector. The article is important as it highlights adifferent approach to the effects or the impacts of the globalizationin the labor market.
Kunnanatt,J. T. (2013). Globalization and Developing Countries: A Globalparticipation Model. Economics, Management & FinancialMarkets, 8(4), 42-58.
Thisresearch material focuses on globalization and comparing between thedeveloped countries and the developing countries. According to theauthor, globalization brings prosperity and growth in nations.However, critics have pointed out that, the difference in the presentglobal trading systems between nations have caused enormousinterruption in the socioeconomic of the countries categorized as thedeveloping nations. While could stand to be true, this article arguesthat, the future has plenty of promises to the developing nationsthat react to large-scale openings through purposefully plannedpolitical and economic policies and frameworks to help steer thesecountries towards realization of positive development throughglobalization. The author has reviewed the past three waves ofglobalization as well as identifying the concept of the upcomingglobal business chain. The article is essential as it highlights howdeveloping countries have coped with the globalization demands hencecoming up with strategic plans to exploit chances available todevelop their nations. The article is useful as it compares howdifferent countries have embraced the globalization aspect, as wellas what the less developing nations are playing catch up to becomedeveloped through the globalization process.
Prushkivs`kyj,V. G., & Prushkivs`ka, O. V. (2014). The Effect of Globalizationon Formation of the Consumer Market in Transitional Economies.(English). Problems Of Economy, (3), 32-37.
Globalizationhas been felt far and wide. As well as its effects being tremendousand throughout countries and in different sectors. This researchpaper discusses the effect of globalization in the process ofconsumer market as well as market in transitional national economies.The paper looks into the effects to the economies before, during andafter crisis periods. The article has also singled out both positiveand negative influences behind the globalization aspect to differenteconomies of countries at varying development levels. In addition,the article has compared the post-soviet countries, which hasimplemented market reform in aspects such as division of labor aswell as the impact of globalization in intensifying structuralimbalance in the countrywide financial system. The paper has alsoidentified factors of influence of globalization to the consumermarket and groped it into two categories the internal and externalfactors. Finally, the paper has drawn a general conclusion on thetopic, finding out that globalization is a process that influencesthe development of any country`s economy as well as the countriesconsumer market. However, the specific government in each of thenations is required to pursue a definite and reasonable economicpolicy to the countries advantage. This source is important as ithighlights the impacts of different aspects of globalization(internal and external aspects). In other words, it explains thepower of globalization towards a nation’s economic stability.
Seitan,S. (2014). Problems of the Impact which Globalization Has on theMacroeconomic Balance. Economic Insights – Trends &Challenges, 66 (3), 49-57.
Thisresearch article focuses on the impact of globalization towards themacroeconomic balance. The article highlights different problemsassociated with globalization issue specifically focusing onmacroeconomic balance. The article focuses on economic globalization.The article has expertly looked into the financial aspect ofglobalization into economies. According to the author, globalizationhas been in different dimensions such as economies of countries,industrialization communication among many other aspects, hence theauthor has chosen to highlight lore into the impact of globalizationon the macroeconomic balance of different countries. This source isa vital source of information on the chosen topic (globalization), asit highlights the different dimensions of the term globalizationfocusing on macroeconomic balance as well as the financial impact ofglobalization.
Tajgardoon,G., Behname, M., & Noormohamadi, K. (2012). Globalization effecton employment: an evidence from Islamic countries. Journal ofBusiness & Retail Management Research, 7(1), 130-137.
Accordingto the article, the author has his main aim is to study on theeffects of globalization on job level. The article has gathered datafrom 10 different countries ranging from the years 1980 to 2009, andin turn forming the statistics to compare the effects on job level inthe different countries. The article has also looked into theincrease and decrease of employment as well as its relationship withglobalization. Additionally, the author has used the Islamiccountries to explain the impact of globalization on employment. Inaddition, the author has used the four main criteria of globalizationnamely trade liberalization, employment, FDI, financial market effect(Islamic banking) and the theoretical foundations of the relationshipbetween globalization and market of labor has been studied. Thearticle is an important one as it gives a view of the globalizationin the employment market and also into the Islamic world.