Globalization Is Good Essay

mainland China Discussion questions1. How has land reform contributed to the fast industrialization of chinaw atomic number 18?Back in the 1950s the government of Taiwan started to commotion yields of land for families to own and operate off of. The land, which was supplied with food/ tame, released man berth for industry to prosper. As the government distributed the land, the owners took benefit. Taiwans rural beginnings exceed to industrial wealth desire Mr. Wang, shown in the film. These citizenrys homes acted as factories inside and out. There was originally gimcrack bray and recollective hours which allowed Taiwan to offer brazen goods for western markets.2. What role imbibe Sweat Shops and long hours played in Taiwans rags to riches story?The cheap labor and long hours of the sweat shops laid the groundwork for the prosperous prox of the Taiwanese. This was encouraged by the reforming government at the time. All of these sweat shops were producing cheap goods for Western markets. The work was indeed long and hard but it was a crucial step in Taiwans road to riches.3. The forces unleashed by rapid industrialization brought increased competition for labor in Taiwan. What meet did this increased competition have on nets and the standard of bread and butter of the Taiwanese people?Increased competition meant only the really war-ridden companies k at a timed. Companies like ACER responded to increased competition with innovation. They invented devices like the first scope calculator and the pen watch. They were training thousands of engineers every year in frame to produce these high gear tech goods for early(a) markets to buy. The leaders of ACER get to to make their products the best and thereof others rely on them for victor.4. According to the world-wide computer giant ACER which is based in Taiwan, what atomic number 18 the keys to Taiwans economic success?Taiwans economic success discount be credited to the easy access to s tart a pipeline in the country. Statistics show that 1 in every 6 families have/had their hands in on their own business. In other terms, Taiwan has less(prenominal) bureaucracy and restrictions than other countries and opens up doors for entrepreneurial families. A deregulated economy has opened doors for m whatever men and women.5. Taiwan has thrived in the planetary economy by specializing in what they do best How have they managed to survive and prosper without producing their traditional rural products? Are there any dangers in this approach?When adults gestured into factories and off the rural fields, they could afford to educate their children and therefore prepare them for a promising future in business ventures such(prenominal) as IT. Prosperity can then increase the return on the education. A good analogy they used was that the parents dieed the boxes on the shelves and the kids produced the goods and computer software inside. Taiwan is constantly exposed to foreign competition which they take advantage of.6. What role has globalization played in the increased wealth and better political granting immunity of the people of Taiwan?Taiwan is a democracy, irrelevant 40 years ago when it was a dictatorship. There was a rapid transformation after the fall of their dictatorship. In the 1980s, Taiwan started to produce high tech gadgetry and the middle class started to rise and gain more freedom whether it be politics or economic rights. These laid the foundation for their still democracy. Some even venture to call this Americanization. Taiwan has credited the businesses that have produced the best around the world as they work to adapt and aggrandise (ie. Starbucks).Vietnam Watching the Program Discussion questions7. What limits are placed on the pot of children in Nike factories in Vietnam?They do not employ any children beneath the age of 18 for footwear and age 16 for apparel. Child labor was outlawed in Vietnam in 1988 which allowed more r oom to educate the youth.What penalties are self-imposed by Nike on its factories if under-aged workers are discovered on commit?The factory is responsible to pay the m hotshoty for that child to complete domesticate and continue paying them their wage.8. Using the table that follows compare the life and conditions of Vietnamese factory workers working for Nike with the conditions of workers on farms or in State owned enterprises? What conclusions can you make from this?The business is good and Nike and doesnt show any signs of letting down. The management of the company is also viewed as a tough aspect. Employees of Nike, who formerly worked on the farm, werent getting paid as or so(prenominal) as on the farm- now they are getting as overmuch as 5x more. By hearing these people interviewed and planing how pleased they are, it is herculean to see what the anti-globalists are so stressed out about when it comes to companies like Nike. They seem to be doing the right thing.9. What negative impacts for less developed countries and their workers can come from anti-globalization groups promoting boycotts of goods produced by multinationals such as Nike?It has the threat of scaring them away from businesses such as Nike when really it can benefit their economy. These anti-globalization groups do not see what Nike has done for the people of Vietnam. The rumors and perceptions they feed the overt makes Nike look bad.10. How has the workplace practices of Nike squeeze positively on other workplaces in Vietnam?Nikes growth in Vietnam has helped to stimulate the economy. Other workplaces look to model themselves off of them. The perception of Nike from the public is that they have a very good management, they have a blanched and safe workplace, and they have very high employee satisfaction. All of this leads to increased produce and increased profits.11. How has Nike encouraged the growth of small businesses in Vietnam?Nike encourages others to start busines s in Vietnam by distributing loans to get them going. Many have prospered from this and business is now strong for them.12. Will multinationals leave countries such as Vietnam once wage rates improve? What is the reaction of multinationals to this sort of argument? In the film, one man points out that Nike has been in countries like Thailand and Indonesia for 20 years. The productivity has gone(p) up just as the wages have gone up. The people of Nike expect the same thing to occur in Vietnam. Even if they move on, Nike has played a pivotal role in developing the Vietnamese economy.Kenya Watching the Program Discussion questions13. What factors are present in spite of appearance the Kenyan economy that discourage economic growth and improved living standards?Kenya closed(a) its doors to globalization. The Kenyan government has never given farmers property rights. Land owners are not even allowed to build on their own land and develop it. All rights go to the government. Export re strictions create a lot of scantness. The poverty is due to the lack of reform.14. What industries are portrayed as booming industries within the Kenyan economy? Why have they shown signs of success?The mobile earpiece industry is booming. The reason they have shown signs of success is because of their cheap prices and high demand. similarly the secondhand enclothe market is exposed to globalization and has led to their success.15. What are subsidies, tariffs and import duties? What role does their imposition by developed countries play in limiting growth prospects and the adoption of market capitalism in the less developed world?The government has begun to tax businesses like the secondhand clothing markets and therefore restrict them from gaining significant profits. Also, countries have set tariffs on a majority of agricultural goods Kenya has to offer them. This restricts exports for Kenya. However there are some European countries and some of the Americas that specifically have low tariffs on Kenyas flower markets and allow Kenya to thrive there. The farmers also have subsidies on their crop restricting export to other markets outside of the country. Tariffs keep goods out and subsidies overthrow markets on the homeland.16. How do opponents of globalization, by their actions in the developed world, hinder the office of less developed countries to improve living standards?Countries like Kenya dont have the ability to compete in foreign markets because of the restrictions they face such as subsidies, tariffs, and import duties. Western civilization is shutting them and others out. We refuse to trade freely with goods such as agriculture and textiles. By dropping subsidies and tariffs, we could massively reduce the poverty in Africa.