This website uses cookies to ensure you have the best experience. Learn more

Topic 9: Financial Instability Research Question: Analyse The Ways In Which Globalisation Has Contributed To Increased Financial Fragility

1448 words - 6 pages

TOPIC 9: Financial InstabilityResearch question:Analyse the ways in which globalisation has contributed to increased financial fragility.Questions and hesitations concerning the potential unfavorable effects of globalisation keep growing in many parts of the world. Some parts of Europe are growing persistently skeptical of the idea. "The Polish, for instant have serious concerns regarding the flow of foreign capital. The French and English middleclass are worried about their future stakes as well. In America there are serious concerns regarding the outsourcing of service sector jobs and the criticism of free trade constantly grows. Some analysts describe Japan's advantage in the electronic product sector even worse than the Pearl Harbor attack." It is crucial, taking into consideration the situation, to question the validity and future of globalisation. Due to evidence of potential failure in some parts of the world the criticism of globalisation is anything but irrational.A conclusion is safely drawn, that since economical depression caused the downfall of globalisation back then, it can certainly be a factor today, as well. The globalisation of financial markets removed most sources of capital and credit from the regulated national environment and placed them into the deregulated international environment. One lesson of the Great Depression was the assurance that banks were no longer free to make investments so risky that they threatened the savings of average investors and the stability of the financial system. Globalisation created the ability for market forces to become more and more free so as to call the economic shots. They were free of "non market" forces such as unions and the government regulation that had been created for the precise reason of controling the natural tendency of private markets to self-collapse. Modern economic history, by reflecting also aspects from the Great Depression has made one thing clear if left on their own, without supervision, financial institutions and companies act in their own short term economic interest but not necessarily in the interest of the whole economy. Financial institutions take even more risks, theire debts are always increasing in order to make more and more money even if by doing so the outcome is speculative bubbles that will one day burst.Political instability has already proven to be a factor. Once the First World War came to an end the governments involved in the war recreated the economical system that ran before the war, but a very important element was missing. The new system did not ensure the free distribution of wealth and resources and that is the backslash that still "haunts" the new globalisation system. Its biggest criticism indeed is the fear that it assists the wealthy to accumulate more wealth at the cost of damaging the prospect of a common man's opulence. The 'Gold standard Crisis' of course played an influential role in the mid twenties that worked as a catalyst to bring...

Find Another Essay On TOPIC 9: Financial Instability Research question: Analyse the ways in which globalisation has contributed to increased financial fragility

Analyse ways in which the curriculum offer can differ according to the context in which it is provided

871 words - 4 pages than course. This is: ‘All the learning which is planned and guided by the school, whether it is carried on in groups or individually, inside or outside the school.’ (Kerr in Kelly, 1983:10). According to John Kerr’s definition: ‘Learning is planned and guided’ by specifying achievement and way to go about it in advance. Definitions of curriculum present different perceptions and beliefs. Stenhouse describes: ‘On the one hand curriculum is seen

In What Ways Has Each of your Identities Contributed to How You View Yourself?

1135 words - 5 pages how an immigrant child might feel. As an early childhood educator I make all my students feel safe, secure, and welcomed. Especially because I know that it has a lasting impact on a child’s education. I know that it did for me. In what ways has each identity contributed to your view about people who share that identity and those who do not share that identity? The way that each of my identities has contributed to the way I view people who

Why is it important to critically analyse the culturally and historically specific ways in which meaning is discursively produced?

1625 words - 7 pages provokes him through talks on his sexuality, yet he finds that he could not create his "monster". Therefore Whale takes responsibility for his own death and commits suicide by drowning himself in his pool. This film is very complex and has used many ways to bring the text together and to "generate meaning".Gods and Monsters can be seen as a drama and a war film, a genre which has been placed upon it. The film is given this category due to our

Analyse an event reported on by the media and the ways in which they position the viewer to respond to the event

2009 words - 8 pages English SeminarImagine owning a crystal ball which can show you anything that is happening in the world. But then imagine that someone is controlling what and how the crystal ball shows you these events. This is the media in a nutshell. Whilst it is a powerful and useful source of information, we mustn't forget that it is only a representation and doesn't mirror the reality of unfolding events. Just as we cannot see every single side to an issue

In your view, do the increased regulatory requirements for financial institutions promote good corporate stewardship or act as a hindrance to shar

773 words - 4 pages Since the financial crisis the banking industry has gone through unprecedented structural and regulatory reform aimed at reshaping and stabilising the banking systems. Although some of these changes were both necessary and beneficial to we have reached a point of overregulation is damaging the sector. Banks have been forced to respond to the substantial increase in capital and liquidity requirements by scaling down their businesses and

Quebec Nationalism The question of whether Quebec will secede from Canada to become an independent nation has been a hot topic in the country for several years now

1646 words - 7 pages The question of whether Quebec will secede from Canada to become an independent nation has been a hot topic in the country for several years now. It dates back to the abortive rebellions of 1837-38. In 1980, a referendum to secede was rejected by a 60-40 margin. Since then though, the numbers of Quebeckers that want to become sovereign has significantly increased. There is so many questions of what will happen if this does happen. In this paper

Has Financial Development Made the World Riskier?

1178 words - 5 pages Economist Raghuram Rajan was one of the prophetic ones at the central bankers conference where Alan Greenspan was present in 2005 and delivered his paper asking, “Has Financial Development Made the World Risker?” The answer to this question in Rajan’s head was yes, but all other critics it was no, however more recent events; that of the 2008 crisis has proved him correct. Rajam has thus written a 2010 business book of the year and Financial

Analyse how globalisation has affected marketing - Business Essay

1182 words - 5 pages to a business it is its source of revenue and must be done correctly for a business to be successful which can be executed three ways which are customised pricing, market-customised pricing and standardised worldwide. Customised pricing is when consumers are charged different prices for a product and occurs when businesses use a cost-plus method to cover the added cost in global marketing such as transport, taxes, warehousing and tariffs. Market

Topic: globalisation has been more harmful than beneficial

890 words - 4 pages Globalisation has become the general phenomenon around the world. It means increasing global relationships of culture, people, and economic activities. Moreover, the free trade between the countries is measured due to the implementation of globalization. It is a concept of viewing the whole world as a ‘global village.’ But today there is a controversial debate about the topic is globalization has been more harmful than beneficial and in this

The various ways in which European man has benifited from Marco Polo's Travels. Covers most of Marco's life, and many ways which Europe has benifitted from it

964 words - 4 pages Marco Polo EssayEssay Question: Discuss the various ways in which European man has benefited from Marco polo's travels.In the vast field of exploration, no single European has made such a great contribution as that of Marco Polo. He had seen places that Europeans have only discovered in the last Century, he travelled further than any of his predecessors, and explored many places throughout Asia, and learnt of many different cultures, all which

Ways in which the digital medium has affected your work, by method, concept, distortion, and challenge

1011 words - 4 pages photography as well now. (Ang, 2003, p74) The amazing works done by Catherine Mcintyre can be a good illustration here, in which she combines photography and art perfectly. Yet, this new ability arouses concern for some people, when one can distort the truth of one picture easily, the reliability of pictures needs to be consider again.Similarly with digital camera, Adobe Photoshop has also changed my way of taking pictures. When one knows that he can

Similar Essays

Topic 9: Financial Instability Research Question: Analyse The Ways In Which Globalisation Has Contributed To Increased Financial Fragility

1763 words - 7 pages TOPIC 9: Financial Instability TOPIC 9: Financial Instability Research question: Analyse the ways in which globalisation has contributed to increased financial fragility. Questions and hesitations concerning the potential unfavorable effects of globalisation keep growing in many parts of the world. Some parts of Europe are growing persistently skeptical of the idea. "The Polish, for instant have serious concerns regarding

Discuss The Ways In Which Your Engagement With The Construction Of A Character Or Characters In "The Collector" Has Contributed To Your Understanding Of The Text

2238 words - 9 pages collect 'the butterfly'. As well as this, Clegg has also been brought up to collect items to make up for his social class, believes that it is his 'duty' to collect these 'butterflies', then when he is bored of them he can throw them aside and allow their beauty to fade and die. Miranda in contrast, believes that all living creatures should be free and she herself, is characterised as a "FREE SPIRIT". This symbolism which runs throughout the novel

Ways In Which The Media Has Desensitized People To Violence

825 words - 3 pages it is hard to understand how to cope with a death when you have used death for entertainment for so long. There are certainly other ways that the media has desensitized people to violence, I have only scratched the surface of this question. Yet, I believe that is necessary that someone looks into it deeper, because if not we are still in the predicament of making light of death and life itself. Something has to change where next time a see a violent scene with other teenagers, they would look away or something in them would click that what they are viewing is right, that they would stop just staring right back at the screen.

Analyse Ways In Which The Delivery Of The Curriculum Can Vary According To The Context In Which It Is Provided

846 words - 4 pages Definitions of curriculum assume that its body of knowledge-content and/or subjects presenting process in the most effective methods, varying according to the context. It means to embrace the many ways in which learners are enabled to achieve the outcomes offered to them. Teaching, learning support, advice and guidance, coaching, mentorship, peer and collaborative learning, feedback and assessment, personal development planning and tutoring