One of these initiatives was proposed by Japan – which was launched by the former Japanese Minister of Foreign Affairs, Yohei Kono, in January 2000 – that they wanted to have a dialogue with the Muslim world. The initiative was having two pillars – one deals with cultural activities and intellectual concept, and the other deals with projects of technical and scientific nature. This initiative was based on the Japanese realization that they need to study the Muslim World. Instead of having a clash
Globalization is no longer an unfamiliar word with people in the world as it has been casting an enormous influence on every corner of modern life; therefore, cultural sphere cannot escape from the sprawl of societial homogenization. According to David (2002), globalization can be viewed as a process of “harminizing different culture and beliefs” (cited in Yusuf). Globalization, to some extent, has created a “ubiquitous and complex context” for the study of interculteral communication (Sorrells,
1.4 AIM OF THE STUDY The aim of the study is to investigate the reasons which prevent SMEs from operating globally and to develop a strategy to assist SMEs in achieving globalization. The research builds on the theoretical framework that globalization is a key factor contributing to the success of SMEs. Data will be collected by distributing a standard questionnaire to a select group of business consultants who specialize in relocation or globalization of SMEs. The findings of the survey will be
other. This is globalization. Globalization is defined as the transfer or easy flow of goods, services and capital from one country to another. Globalization according to some authors has been accompanied by an increasing rate in inequality in terms of income distribution, and this has happened both in the developed and the developing nations. The data on growth and income inequality seem to contradict the optimism of the proponents of globalization. By conceiving of globalization in
different FTAs scenarios on net welfare, international trade and economic growth in the Vietnamese economy have been studied. The four FTAs are; 1. ASEAN Free Trade Area (AFTA) 2. ASEAN China Free Trade Area (ACFTA) 3. ASEAN Japan Free Trade Area (AJFTA) and 4. ASEAN China-Japan Free Trade Area (ACJFTA) 1) WELFARE EFFECTS: For analysing the change in welfare of the households, EV (Equivalent Variation) has been used as a measure. EV can be explained as the change in regional household income in the
A general definition of globalization is a set of processes for expansion and the movement of people, goods, services, and ideas from different countries worldwide interconnecting for economic growth (Mascia-Lees, 2010, p. 12). Globalization is a movement of capital, technological advances, and many different exchanges of goods across borders. However, globalization can be defined in various ways, such as focusing on the vest network of interconnections among people and places that exist today and
why so many English loanwords have managed to infiltrate the Japanese language. Thereafter, the negative and positive implications for Japanese society are explored. The aim is to draw a final conclusion, based on an objective review of previous studies on the subject. Over a prolonged period of time, the use of English has expanded to the point that is has become a truly global language. Presently, there are more than 1.5 billion English speakers worldwide; the reasons for this are varied. English
environment wherein after three decade long “Economic Miracle,” Japan experienced a bubble economy in late 1980s in which stock, real estate prices, economic activity, money supply and credit inflated to a soaring height. The structure of the paper delineates between macroeconomic and microeconomic issues. After reviewing the factors for the formation of the bubble the paper then proceeds to discuss the collapse of the bubble bursting for Japan. The factors are split into three parts economic, political
The word “Globalization” is somehow very familiar with us who live in this modern era. However, many people are still questioning what is the actual perceptivity of this term. To be sure, globalization does not only affects one aspect of life but it influences many of them. In general, globalization refers to a more interconnected world that caused by the advancement in technology and communication field that has several impacts in the world economy, politics and also culture. Yet, in this essay
In this globalization era, as our world become more and more peaceful, people live in a stable life. Most of the people don’t worry about the food problem. In this kind of situation, people have their right to enjoy the different kind of cuisine. Among all of the various cuisines, we can divide them into two, which are eastern and western food. The western continent include north and South American, Europe, Oceania, while eastern continent include Asia and Africa. Nowadays, as the human history is