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The Promise of Digital Globalization

This collection seeks to examine the evolving nature of infectious disease threats and the current state of preparedness, both in terms of national response capacities and in terms of global governance structures and process. The collection also seeks to examine the methods and tools being used to measure public health emergency preparedness. Boldly situating public health and wellbeing within the dynamic forces of global development, Globalization and Health is a pioneering, transdisciplinary journal dedicated to improving the health-related decisions of researchers, practitioners, governments, civil societies, and United Nations agencies.

Globalization and Health is an inclusive journal, encouraging authors to position their studies within contemporary global debates while promoting the innovation of new possibilities for public health, globally. We are dedicated to supporting the breadth of topics and issues underpinning this emerging and divergent area of research, and welcome papers exploring how globalization processes affect health through their impacts on health systems and the social, economic, commercial, and political determinants of health.

Read more. Health partnerships: an effective response to the global health agenda Edited by Sophie Pinder. His current work focuses on the political economy of trade and health, health worker migration, medical tourism, health system reform, and global health diplomacy. He enjoyed an earlier career as a health promotion consultant working in Canada and internationally on the social determinants of health equity.

Donald Trump and the future of globalization

Dr Martin is also the founder and host of This Week in Global Health , a weekly global health news roundup. Speed days to first decision for reviewed manuscripts only 80 days to first decision for all manuscripts days from submission to acceptance 21 days from acceptance to publication. Citation Impact 2. Skip to main content Advertisement.

Featured video Learning statistics doesn't need to be difficult. Importance of the intellectual property system in attempting compulsory licensing of pharmaceuticals: a cross-sectional analysis Authors: Kyung-Bok Son. Applying an environmental public health lens to the industrialization of food animal production in ten low- and middle-income countries Authors: Yukyan Lam, Jillian P.

Most recent articles RSS View all articles. Medical tourism and policy implications for health systems: a conceptual framework from a comparative study of Thailand, Singapore and Malaysia Authors: Nicola S Pocock and Kai Hong Phua. Does investment in the health sector promote or inhibit economic growth? Uneven dietary development: linking the policies and processes of globalization with the nutrition transition, obesity and diet-related chronic diseases Authors: Corinna Hawkes.

This both directly results poor working conditions, low wages, job insecurity, and pollution, but also encourages governments to under-regulate in order to attract jobs and economic investment. In developing countries with loose labor regulations, there are adverse health consequences from working long hours and individuals that burden themselves from working within vasts global supply chains.

Seth, Divya, and Nimali Singh published research evidence linking a wide range of health risks and overworking. Strazdins concluded that negative work-family spillover especially is associated with health problems among both women and men, and negative family-work spillover is related to a poorer health status among women. It is common for the work lifestyle to bring forth adverse health conditions or even death due to weak safety measure policies.

After the tragic collapse of the Rana Plaza factory in Bangladesh where over deaths occurred the country has since then made efforts in boosting up their safety policies to better accommodate workers. In developing countries with loose labor regulations and a large supply of low-skill, low-cost workers, there are risks for mistreatment of some workers, especially women and children.

The reason it costs corporations more is because people can not work to their full potential in poor conditions, affecting the global marketplace. This kind of sudden reduction or elimination in hours is seen in industries such as the textile industry and agriculture industry, both which employ a higher number of women than men.

Several movements, such as the fair trade movement and the anti-sweatshop movement , claim to promote a more socially just global economy. The fair trade movement works towards improving trade, development and production for disadvantaged producers. The fair trade movement has reached 1. Fair trade works under the motto of "trade, not aid", to improve the quality of life for farmers and merchants by participating in direct sales, providing better prices and supporting the community. Some global brands were found to do that before but they took some methods to support the labors soon after.

The movement is taken to decrease the wrongdoing and gain the profits for labors.

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Various transnational organizations advocate for improved labor standards in developing countries. This including labor unions , who are put at a negotiating disadvantage when an employer can relocate or outsource operations to a different country. Capital flight occurs when assets or money rapidly flow out of a country because of that country's recent increase in unfavorable financial conditions such as taxes , tariffs , labor costs , government debt or capital controls.

This is usually accompanied by a sharp drop in the exchange rate of the affected country or a forced devaluation for countries living under fixed exchange rates. Currency declines improve the terms of trade , but reduce the monetary value of financial and other assets in the country. This leads to decreases in the purchasing power of the country's assets. A article in The Times reported that hundreds of wealthy financiers and entrepreneurs had recently fled the United Kingdom in response to recent tax increases, relocating to low tax destinations such as Jersey , Guernsey , the Isle of Man and the British Virgin Islands.

Economic globalization

Capital flight can cause liquidity crises in directly affected countries and can cause related difficulties in other countries involved in international commerce such as shipping and finance. Asset holders may be forced into distress sales. Borrowers typically face higher loan costs and collateral requirements, compared to periods of ample liquidity, and unsecured debt is nearly impossible to obtain. Typically, during a liquidity crisis, the interbank lending market stalls.

While within-country income inequality has increased throughout the globalization period, globally inequality has lessened as developing countries have experienced much more rapid growth. Economic inequality includes equity , equality of outcome and subsequent equality of opportunity. Although earlier studies considered economic inequality as necessary and beneficial, [36] some economists see it as an important social problem.

International inequality is inequality between countries. Income differences between rich and poor countries are very large, although they are changing rapidly. Per capita incomes in China and India doubled in the prior twenty years, a feat that required years in the US. Certain demographic changes in the developing world after active economic liberalization and international integration resulted in rising welfare and hence, reduced inequality.

According to Martin Wolf , in the developing world as a whole, life expectancy rose by four months each year after and infant mortality rate declined from per thousand in to 58 in due to improvements in standards of living and health conditions. Furthermore, the reduction in fertility rates in the developing world as a whole from 4.

Globalization's Impact on Today's Society : Documentary on Globalization Full Documentary

Thus, despite seemingly unequal distribution of income within these developing countries, their economic growth and development have brought about improved standards of living and welfare for the population as a whole. Economic development spurred by international investment or trade can increase local income inequality as workers with more education and skills can find higher-paying work. This can be mitigated with government funding of education. This allows the owners of companies that service global markets to reap disproportionately larger profits. This may happen at the expense of local companies that would have otherwise been able to dominate the domestic market, which would have spread profits around to a larger number of owners.

On the other hand, globalized stock markets allow more people to invest internationally, and get a share of profits from companies they otherwise could not. Businesses in developed countries tend to be more highly automated , have more sophisticated technology and techniques, and have better national infrastructure.

For these reasons and sometimes due to economies of scale , they can sometimes out-compete similar businesses in developing countries. This is a substantial issue in international agriculture, where Western farms tend to be large and highly productive due to agricultural machinery , fertilizer, and pesticides; but developing-country farms tend to be smaller and rely heavily on manual labor.

Globalisation: the rise and fall of an idea that swept the world

Conversely, cheaper manual labor in developing countries allowed workers there to out-compete workers in higher-wage countries for jobs in labor-intensive industries. As the theory of competitive advantage predicts, instead of each country producing all the goods and services it needs domestically, a country's economy tends to specialize in certain areas where it is more productive though in the long term the differences may be equalized, resulting in a more balanced economy. A tax haven is a state, country or territory where certain taxes are levied at a low rate or not at all, which are used by businesses for tax avoidance and tax evasion.

This creates a situation of tax competition among governments. Taxes vary substantially across jurisdictions. The central feature of a tax haven is that its laws and other measures can be used to evade or avoid the tax laws or regulations of other jurisdictions. Government Accountability Office regarded the following characteristics as indicative of a tax haven: nil or nominal taxes; lack of effective exchange of tax information with foreign tax authorities; lack of transparency in the operation of legislative, legal or administrative provisions; no requirement for a substantive local presence; and self-promotion as an offshore financial center.

The tax shelter benefits result in a tax incidence disadvantaging the poor. Reform proposals centering on the Big Four accountancy firms have been advanced. Economic globalization may affect culture. Populations may mimic the international flow of capital and labor markets in the form of immigration and the merger of cultures. Foreign resources and economic measures may affect different native cultures and may cause assimilation of a native people. Yu Xintian noted two contrary trends in culture due to economic globalization.

He notes that economic globalization began after World War II, whereas internationalization began over a century ago. George Ritzer wrote about the McDonaldization of society and how fast food businesses spread throughout the United States and the rest of the world, attracting other places to adopt fast food culture.

In , Japan had 2, McDonald's locations. Global media companies export information around the world. This creates a mostly one-way flow of information, and exposure to mostly western products and values. Other media news companies such as Qatar 's Al Jazeera network offer a different point of view, but reach and influence fewer people. From Wikipedia, the free encyclopedia. Parts of this article those related to documentation need to be updated. Please update this article to reflect recent events or newly available information.

May Industrial Revolution Mercantilism. Comparative advantage Economic growth Gross domestic product International economics International finance International trade Laffer curve. Related topics.

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Anti-capitalism Anti-globalization Alter-globalization Criticism of intellectual property Anti-copyright Perspectives on capitalism Protectionism Critique of capitalism. Main article: History of globalization. Main article: International non-governmental organization. Main article: Global Value Chain. Main articles: Capital flight and Liquidity crisis.

See also: Sudden stop economics , Tax exporting , Capital strike , and Illicit financial flows. Main articles: Economic inequality and International inequality. Main article: Tax haven. Globalization portal. McWorld List of economic communities List of free trade agreements Military globalization Mundialization Neoliberalism Trade globalization World economy. In George Ritzer ed. The Blackwell Companion to Globalization.

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