Table of Contents
Introduction 1.0 2
Economical globalization 1.2 2
The issues 1.3 2
• Unemployment 3
• Environmental issues 3
• Financial issues 3
Issues effecting developed economies 1.3.1 4
Issues effecting developing economies 1.3.2 4
Issues effecting under developed economies 1.3.3 4
Country selected – U.S.A. 2.0 4
Introduction and Background of U.S. 2.1 5
Effects of globalization issues with evidence and data 2.2 6
Market 2.2.1 6
• Currency 6
GDP 2.2.2 7
Labor 2.2.3 8
Trade 2.2.4 9
Business 2.2.5 10
Conclusion & recommendations 3.0 10
Introduction 1.0
The country to be analyzed on issues of globalization of economies selected for this assignment paper is United States of America (U.S.A/U.S.). The assignment will be looking at the globalization issues in brief and the affects they have on under developing, developing and developed countries. Further in paper these issues will be looked at from the perspective of the country selected and how have these issues affected it. The research will be supported with sufficient evidence, facts and statistical data that will be collected for the analysis.
Economical globalization 1.2
It is the rapidly increasing economical freedom of global economies through-out the globe through increasing movement of goods, services, and technology and capital cross-borders. But “globalization” is more centered on the fast development of technology, science and growing cross-border division of labor. Depending on the model being analyzed, economical globalization can be seen from both negative and positive aspects.
Economical globalization consists of the globalization of manufacturing, markets, competitors, technological, corporation and different industries. Even though globalization has been around for centuries but the most advancement that has taken place has only happened in the last 2 to 3 decades due to general agreements on trade & tariffs and the world trade organization that made it...