The Social Economics of Globalization

Abstract

Social economics, Globalization, Economy,

Globalization Impact on Multinational Enterprises

“…These protests are frequently regarded as the initial anti-globalization movement. The groups were opposed to WTO policies, from free trade to the failures of human rights caused by the globalization trend [26]. However, those who advocate for globalization claim it is not a result of the rapid increase in globalization, but rather too little [26].…”

“…The groups were opposed to WTO policies, from free trade to the failures of human rights caused by the globalization trend [26]. However, those who advocate for globalization claim it is not a result of the rapid increase in globalization, but rather too little [26]. Others have stated that globalization objectively outlines the problems and in turn gives the solutions to the challenges humanity has shaped.…”

“…Mees-Buss et al [57], Mossolly [2], Narula [120], Narula and Dunning [121], Narula and Dunning [22], Olivié and Gracia [122], Tiemstra [26], Unterweger [123],…”

“…Nonetheless, it has generated important matters that influence how corporations worldwide operate, including: widening economic disparities, addiction to foreign countries for their products, decreased environmental integrity, increased possibility of trade war between key economic players on the global market, and potential fluctuation of currency rates [22]. Most of the research on globalization does not focus solely on its impact on multinational enterprises but on general issues [23][24][25][26][27], various social issues [28][29][30][31], and on multinationals in a pure corporate sense (i.e., not specific to impact) [32][33][34][35]. The world has become increasingly interdependent, and businesses, governments, consumers, and scholars alike search for further information and knowledge about impacts of globalization around the world [1].…”