Globalization

GLOBALIZATION
AUTHOR ATHARVA MEHETAR
A Typological Theory of Domestic Employees’ Acculturation Stress and Adaptation in the Context of Globalization
LAU, V. P.; SHAFFER, M. A. et al (2023) says that A Typological Theory of Domestic Employees’ Acculturation Stress and Adaptation in the Context of Globalization” examines the acculturation stress and adaptation experiences of domestic employees in the context of globalization. The paper proposes a typological theory that categorizes domestic employees into different groups based on their acculturation experiences and provides insights into their adaptation outcomes. The paper begins by highlighting the increasing global mobility of domestic employees, who often migrate from their home countries to work in households in different cultural settings. It emphasizes that these individuals undergo a process of acculturation, which involves adjusting to and adopting the norms, values, and behaviors of the host culture while maintaining their own cultural identity. However, this process can be challenging and lead to acculturation stress, which is defined as the psychological and social strain resulting from the acculturation process.
The Dark Side of Digital Globalization
VERBEKE, A.; HUTZSCHENREUTER, T. et al (2023) says that The Dark Side of Digital Globalization explores the negative consequences and challenges associated with digital globalization. It delves into the various ways in which digitalization and global connectivity have led to adverse effects on different aspects of society, including economy, culture, privacy, and inequality. The paper begins by acknowledging the rapid advancement of digital technologies and their transformative impact on global communication, trade, and cultural exchange. It highlights the benefits brought about by digital globalization, such as increased access to information, enhanced connectivity, and economic growth. However, it argues that there is a dark side to this phenomenon that warrants attention. One of the key concerns discussed in the paper is the impact of digital globalization on the labor market. It points out that the rise of automation and digital platforms has led to job displacement and increased precarity for workers. The gig economy, characterized by temporary and insecure work arrangements, is highlighted as a consequence of digital globalization, leading to income insecurity and a lack of social protection for workers.
Inflation and globalisation
JAMES, H.(2023) state that the relationship between inflation and the process of globalization. It investigates how globalization influences inflation dynamics, both in terms of its causes and consequences. The paper explores the various channels through which globalization affects inflation, including trade, capital flows, and financial integration. The paper begins by acknowledging the increasing interconnectedness of economies through globalization, characterized by the liberalization of trade and investment flows, advancements in technology, and the integration of financial markets. It highlights that these global forces have significant implications for domestic inflation dynamics. One of the main focuses of the paper is the impact of globalization on the trade channel of inflation. It argues that increased international trade exposes domestic economies to foreign competition, leading to potential downward pressure on prices. This is attributed to factors such as the outsourcing of production to lower-cost countries, the availability of cheaper imports, and increased market competition. The paper discusses how these effects can dampen inflationary pressures in domestic markets.
A semantic model for enterprise application integration in the era of data explosion and globalisation.
YU, H. Y. et al. (2023)says that A Semantic Model for Enterprise Application Integration in the Era of Data Explosion and Globalization” proposes a semantic model that addresses the challenges of integrating enterprise applications in the context of increasing data volumes and globalization. The paper focuses on leveraging semantic technologies to enhance the efficiency and effectiveness of enterprise application integration. The paper begins by highlighting the rapid growth of data and the expanding global reach of businesses in the modern era. It emphasizes that enterprises face significant challenges in integrating their diverse applications, systems, and data sources to ensure seamless data exchange and interoperability. The paper argues that traditional integration approaches based on syntactic matching and mapping are insufficient in dealing with the complexity and scale of contemporary integration requirements. The proposed semantic model aims to overcome these challenges by incorporating semantic technologies, such as ontologies and knowledge representation, into the integration process. The model emphasizes the importance of understanding the meaning and context of data and applications, rather than just their syntactic structures
Globalization, Trade Imbalances, and Labor Market Adjustment
DIX-CARNEIRO, R. et al. (2023) state that Globalization, Trade Imbalances, and Labor Market Adjustment” investigates the relationship between globalization, trade imbalances, and labor market adjustments. The paper explores how globalization, characterized by increased international trade and economic integration, affects trade imbalances and the labor market, and examines the mechanisms through which labor markets adjust to these imbalances. The paper begins by acknowledging the significant impact of globalization on global trade patterns and the interconnectedness of economies. It emphasizes that globalization has led to trade imbalances, where some countries experience persistent trade deficits while others have trade surpluses. These imbalances have important implications for labor markets, as they influence employment, wages, and job opportunities. One key focus of the paper is the impact of trade imbalances on labor markets. It argues that trade deficits can lead to job displacement and wage pressures in industries that face increased competition from imports. This can result in a decline in employment opportunities and wages for workers in those industries. On the other hand, countries with trade surpluses may experience job creation and wage growth in export-oriented industries.
Revisiting the nexus between globalisation and the shadow economy: Untying the influences of de jure versus de facto globalisation
BERDIEV, A. N.; GOMES, B.; SAUNORIS, J. W. et al (2023) state that the Revisiting the Nexus between Globalization and the Shadow Economy: Untying the Influences of De Jure versus De Facto Globalization” examines the relationship between globalization and the shadow economy. The paper aims to disentangle the influences of formal (de jure) globalization, which refers to policy-based measures promoting global integration, and informal (de facto) globalization, which refers to the actual level of economic integration achieved in practice. The paper begins by acknowledging the ongoing debate regarding the impact of globalization on the shadow economy. While some argue that globalization leads to a reduction in the shadow economy through increased formalization and transparency, others contend that it can exacerbate informal economic activities due to various factors such as increased competition, job insecurity, and weak regulatory enforcement. To explore this relationship, the paper distinguishes between de jure and de facto globalization.
Towards a framework for public relations scholarship and practice in Africa: a globalisation perspective
ANANI-BOSSMAN, A.; TANDOH, I. et al (2023) state that Towards a Framework for Public Relations Scholarship and Practice in Africa: A Globalization Perspective” aims to develop a framework for public relations (PR) scholarship and practice in the African context, with a focus on the influence of globalization. The paper explores the unique challenges and opportunities that globalization presents for PR in Africa and proposes a framework to guide future research and practice in the field. The paper begins by acknowledging the increasing globalization of economies and communication networks, which have significant implications for PR practices worldwide. It emphasizes the need to understand and adapt PR scholarship and practice to the specific context of Africa, considering the diverse cultural, socio-economic, and political landscapes of the continent. The proposed framework takes a globalization perspective and aims to address three key dimensions: contextualization, decolonization, and strategic alignment. The contextualization dimension emphasizes the importance of understanding the specific African context in PR scholarship and practice.Towards a Framework for Public Relations Scholarship and Practice in Africa: A Globalization Perspective” aims to develop a framework for public relations (PR) scholarship and practice in the African context, with a focus on the influence of globalization. The paper explores the unique challenges and opportunities that globalization presents for PR in Africa and proposes a framework to guide future research and practice in the field.
Industry globalization: construct, measurement and variation across industries.
SAMBHARYA, R. B.; CONTRACTOR, F. J.; RASHEED, A. A. el at (2023) stated that Industry Globalization: Construct, Measurement, and Variation Across Industries” focuses on the concept of industry globalization and aims to provide a comprehensive understanding of its construct, measurement, and variation across different industries. The paper explores the complexities of measuring and assessing globalization within specific industry contexts. The paper begins by acknowledging the increasing interconnectedness and interdependence of economies through globalization. It highlights that industries vary in their level and nature of globalization, and understanding these variations is crucial for analyzing their performance, competitiveness, and strategic implications. The paper discusses the construct of industry globalization and highlights its multidimensional nature. It recognizes that globalization encompasses various dimensions, including trade flows, investment patterns, global value chains, knowledge exchange, and regulatory environments. The paper emphasizes the need to consider these diverse dimensions when conceptualizing and measuring industry globalization.
Managing the impact of globalization and technology on inequality
TICA, J.; GLOBAN, T.; ARČABIĆ, V. et at (2023) stated that Managing the Impact of Globalization and Technology on Inequality” addresses the relationship between globalization, technological advancements, and their effects on income and wealth inequality. The paper examines strategies and policies aimed at mitigating the negative consequences of these forces while promoting more equitable outcomes. The paper begins by discussing the impact of globalization on inequality. It explores how increased trade, foreign direct investment, and global economic integration can lead to disparities in income and wealth. It also examines how globalization affects labor markets, skill requirements, and wage differentials, potentially widening the gap between high-skilled and low-skilled workers. the paper delves into the role of technology in shaping inequality. It analyzes how technological advancements, such as automation, artificial intelligence, and digitalization, impact employment patterns and skill requirements. It discusses how technology can both create new opportunities and contribute to job displacement, potentially exacerbating income inequality.
Globalization, government regulation, and country risk: International evidence.
LEE, C.-C.; LIN, C.-W.; LEE, C.-C. et al (2023) state that Globalization, Government Regulation, and Country Risk: International Evidence” investigates the relationship between globalization, government regulation, and country risk. The paper aims to provide international evidence on how globalization and government regulation influence the level of country risk, which refers to the potential for adverse events and uncertainties that can impact investments and economic stability. The paper begins by acknowledging the increasing interconnectedness of economies through globalization, characterized by cross-border trade, financial flows, and international investments. It recognizes that while globalization offers numerous benefits, it also exposes countries to certain risks, such as financial volatility, economic instability, and political uncertainties. The paper explores the role of government regulation in managing these risks. It recognizes that governments play a crucial role in creating and enforcing regulatory frameworks that can either mitigate or exacerbate country risk. The paper examines the impact of government regulations on various dimensions, including financial sector regulations, labor market regulations, property rights protection, and political stability.

CONCLUSIONs
Higher interconnection and interconnectedness among nations as a result of globalisation have had a number of positive effects, including higher economic growth, job creation, technical improvements, and cross-cultural interaction. However, it has also led to a number of problems, including cultural homogenization, job relocation, inequality, and environmental deterioration. Globalisation has both positive and negative effects overall, and governments must address the negative effects while fostering the positive ones in order to create a more just and sustainable international community.

REFERENCE

ANANI-BOSSMAN, A.; TANDOH, I. et al (2023) Towards a framework for public relations scholarship and practice in Africa: a globalisation perspective. Corporate Communications: An International Journal, [s. l.], v. 28, n. 1, p. 48–67, 2023. DOI 10.1108/CCIJ-06-2021-0064. Disponível em: https://discovery.ebsco.com/linkprocessor/plink?id=5d28887c-8efc-306e-8b7d-c8ab39aad9ab. Acesso em: 12 maio. 2023.
BERDIEV, A. N.; GOMES, B.; SAUNORIS, J. W. et al (2023) Revisiting the nexus between globalisation and the shadow economy: Untying the influences of de jure versus de facto globalisation. World Economy, [s. l.], v. 46, n. 1, p. 27–54, 2023. DOI 10.1111/twec.13327. Disponível em: https://discovery.ebsco.com/linkprocessor/plink?id=0f37073f-6ee9-3522-ba55-9420ed24b3cf. Acesso em: 12 maio. 2023.
DIX-CARNEIRO, R. et al. (2023) Globalization, Trade Imbalances, and Labor Market Adjustment*. Quarterly Journal of Economics, [s. l.], v. 138, n. 2, p. 1109–1171, 2023. DOI 10.1093/qje/qjac043. Disponível em: https://discovery.ebsco.com/linkprocessor/plink?id=c58a2f59-7cf2-37f1-b63a-08b488c1d13a. Acesso em: 12 maio. 2023.
JAMES, H.(2023) Inflation and globalisation: The Tawney Lecture 2022. Economic History Review, [s. l.], v. 76, n. 2, p. 391–412, 2023. DOI 10.1111/ehr.13174. Disponível em: https://discovery.ebsco.com/linkprocessor/plink?id=594f4066-b429-3f26-9ef6-9421f2755014. Acesso em: 12 maio. 2023.
LAU, V. P.; SHAFFER, M. A. et al (2023) A Typological Theory of Domestic Employees’ Acculturation Stress and Adaptation in the Context of Globalization. Academy of Management Review, [s. l.], v. 48, n. 1, p. 57–77, 2023. DOI 10.5465/amr.2019.0408. Disponível em: https://discovery.ebsco.com/linkprocessor/plink?id=95b56045-a770-3571-9ba6-e2f22c4e0a91. Acesso em: 12 maio. 2023.
LEE, C.-C.; LIN, C.-W.; LEE, C.-C. et al (2023) Globalization, government regulation, and country risk: International evidence. Journal of International Trade & Economic Development, [s. l.], v. 32, n. 1, p. 132–162, 2023. DOI 10.1080/09638199.2022.2079710. Disponível em: https://discovery.ebsco.com/linkprocessor/plink?id=b79fa31a-6329-3ca0-8754-8f285a02b573. Acesso em: 12 maio. 2023.
SAMBHARYA, R. B.; CONTRACTOR, F. J.; RASHEED, A. A. el at (2023) Industry globalization: construct, measurement and variation across industries. Multinational Business Review (Emerald Group Publishing Limited), [s. l.], v. 30, n. 4, p. 453–470, 2022. DOI 10.1108/MBR-04-2022-0053. Disponível em: https://discovery.ebsco.com/linkprocessor/plink?id=e403210d-73bf-3cc2-9929-1309de0a1fb2. Acesso em: 12 maio. 2023.
TICA, J.; GLOBAN, T.; ARČABIĆ, V. et at (2023) Managing the impact of globalization and technology on inequality. Economic Research-Ekonomska Istrazivanja, [s. l.], v. 35, n. 1, p. 1035–1060, 2022. DOI 10.1080/1331677X.2021.1952466. Disponível em: https://discovery.ebsco.com/linkprocessor/plink?id=e481693d-eba8-3b39-9b20-1a2890546666. Acesso em: 12 maio. 2023.
VERBEKE, A.; HUTZSCHENREUTER, T. et al (2023) The Dark Side of Digital Globalization. Academy of Management Perspectives, [s. l.], v. 35, n. 4, p. 606–621, 2021. DOI 10.5465/amp.2020.0015. Disponível em: https://discovery.ebsco.com/linkprocessor/plink?id=be18f26a-f673-3a8b-90f8-a80fdfdd3948. Acesso em: 12 maio. 2023.
YU, H. Y. et al. (2023) A semantic model for enterprise application integration in the era of data explosion and globalisation. Enterprise Information Systems, [s. l.], v. 17, n. 4, p. 1–23, 2023. DOI 10.1080/17517575.2021.1989495. Disponível em: https://discovery.ebsco.com/linkprocessor/plink?id=6b79a2b0-3d8c-31c1-9cbf-36519627e65b. Acesso em: 12 maio. 2023.