Global Business Globalization Notes - What is driving...

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What is driving globalization? -Shift to integrated economy (globalization) -Technology -Opportunity of different markets -Declining barriers to the free flows of goods, services and capital -Technological change What is globalization? What is being globalized? -Labor -Production -Markets -Financial markets Not being globalized -Cultural practices norms -Labor protection -Environmental regulation -Consumer protection -Citizen input Global institutions - Example: Can Google afford not to do business in China? Tension between global efficiency & local resources Resource seeking vs market seeking -Accounting majors vs. the Mumbas taxmen -taking jobs away
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Unformatted text preview: -Gift-giving in Japan and elsewhere Economics of Coffee 1. controlled pricing by quota, and made prices stable 2. free market, produced a lot (Brazil and prices went down) Fair trade doesn’t deal with environmental standards and taste qualities, only price received and treatment of producers Fair trade- debate whether to expand definition to include individual farmers (instead of coops) including big estates (supported by Fairtrade USA)-Is it better to provide an alternative to the mainstream or influence the mainstream?...
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  • Spring '13
  • KenjiKlein
  • Free Market, -Financial markets, Fair trade- debate, Fairtrade USA

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