Developed environments

played a role in poverty reduction in developing countries. In deed most developed countries experienced reduction in poverty in the proportion of their living below the poverty line, including fast developing countries like China, India, Vietnam. Employment situation. Through globalization, people from different countries are provided with jobs opportunities within the global. It has created the concept of outsourcing. Developed countries prefer to provide work to developing countries where…

The issue of migration is a pressing problem now in Ghana because it highly affects country’s economy and development in every sphere of life. Even though there are seasonal waves of migration to Ghana from other countries, but still due to poverty and critical economic situation people move to neighbouring countries or to other continents. From pre-colonial times up to the late 1960s, Ghana enjoyed relative economic prosperity and was the destination of many migrants from neighbouring West…

Introduction Professor Michael Porter's work on Competitive Advantage of Nations is greatly influential yet tendentious (Davies and Ellis, 2000) which evoked considerable interest and eager debates that was met with contrasting views. This essay will discuss the concept of Porter’s Diamond alongside his theory and framework, accompanied by the academic criticism this model has attracted to find out why so much emphasis was placed on the diamond framework. Porter's Competitive Advantage of…

Introduction As the world marketplace becomes smaller and more connected through digital technology, increased cultural interaction, and greater travel, new market opportunities continue to emerge, whereby organizations can leverage new demographics in other parts of the world to expand the reach and marketshare of their product. From sports and entertainment to food products and technological applications, international product and culture exchange is occurring faster and producing subsequent…

inevitable that there will be inequality between individuals. These inequalities manifest themselves in many ways, one of which ways is underdevelopment. Countries that are underdeveloped are be defined as: “a nation or sovereign state with a less developed industrial base and a low Human Development Index relative to other countries” (Wikipedia). These countries suffer because of this in all areas from education to technology and monetary concerns. It is a fact that there are countries who are…

The Unites States is a product of globalization, backing up the idea that globalization equals Americanization. America has greatly benefited from this idea since the nation tends to be the center of globalization. American culture includes multiethnic societies and syncretic culture. America can use cultural experimentation in helping ideas flow more easily in and out of the country. Globalization therefore enhances American “soft power.” America creates many programs and ideas that other…

under developed places can get the opportunity to get more developed. The update is that the outcome of globalization is still not as great as it was in the past. The article is still accurate because of the inequality that globalization causes. When the distribution of income happens, then income inequality forms, each country will get a different amount. The potentials of globalization are creating new jobs and developing countries. Everyone can benefit from globalization, the developed…

education. Education is a step that should be taken to teach people the consequences of gun violence and ways to reduce this violence. In developed countries, educating people on gun violence has been done but not to a point that has an effect. Parades and marches for gun control has helped, but it's not teaching the rest of the non-participant anything. In less developed countries like El Salvador, the fight to stop the gun violence due to one problem of "In El Salvador and Honduras, there are…

Introduction Dual economy is an economy in which different sectors are growing at different rates. For example manufacturing and services industries or rural and urban areas many show significant differences in economic performance. Less developed countries have generally a dualistic economy, consisting of a large backward agrarian sector and a small modern manufacturing sector. During the process of development, an economy moves from a dual structure to one characterized by a larger…

Over the past century, many competitive countries have turned their attention towards boosting their economy through industrialization, in hopes of placing their nation ahead of the game. But technology, as we have learned over the years, through extensive experience, has its advantages and disadvantages. Wealthy countries have reached this prestigious status by industrializing. This phase typically involves the extraction of resources, sale of commodities, and intensive manufacturing. This…