Suchergebnisse

(Part of a symposium on "Left Responses to Globalization," precipitated by a call in a previous journal symposium [2000] for positive alternatives to contemporary realpolitik globalization.) Presents a case study of "Seattle on the Tarn," describing the day (30 June 2000) when local organizers in southern France marched to support sheep farmers (including Jose Bove, who had participated in demonstrations against the World Trade Organization in Seattle, WA) accused of destroying a McDonald's restaurant. Other examples of such local protests against capitalist globalization are cited, & all located within strong local traditions of organizing. The climate of class solidarity from which such movements arise is described, & implications for similar efforts are discussed using the notion of a "culture of resistance.". K. Hyatt Stewart

1. Globalization and word order -- 2. Capitalist sovereignty -- 3. Corporate globalization -- 4. The state form of transnational capital -- 5. The crisis of Western economic power -- 6. Towards a posthegemonic global growth system -- 7. Capitalist geopolitics.

This paper reviews the theory ofvalue-based management at the commercial bank and the main valuation methods in the age of globalization. The paper identifies five main factors that significantly influence valuation models selection and building: funding, liquidity, risks, exogenous factors and the capital cushion. It is shown that valuation models can be classified depending on underlying cash flows. Particular attention is paid to models based on potentially available cash flows (Discounted cash flow-oriented approaches, DCF) and models based on residual income flows (Residual income-oriented approaches). In addition, we consider an alternative approach based on comparison with same sector banks (based on multiples). For bank valuation equity discounted сash flow method is recommended (Equity DCF). Equity DCF values equity value of a bank directly by discounting cash flows to equity at the cost of equity (Capital Asset Pricing Model, CAPM), rather than at the weighted average cost of capital (WACC). For the purposes of operational management residual income-oriented approaches are recommended for use, because they are better aligned with the process of internal planning and forecasting in banks. For strategic management residual income-oriented methods most useful when expected cash flows are negative throughout the forecast period. Discounted сash flow-oriented approaches are preferable when expected cash flows have positive values and needs for models using is motivated by supporting the investment decisions. Proposed classification can be developed in interests of bank management tasks in the midterm in the age of globalization.

This volume examines how states and citizens have been able to address globalization in different ways across the Global North and South. Authors examine the state as it forms policies in agro-production, contends with critical constituencies, and rebuilds capacity to act in the popular interest after forty years of neoliberal assault.

In the face of a vast, but highly heterogeneous literature, this paper examines the factors that shape different scientific perspectives on the loosely bounded set of phenomena addressed by the terms "globalizationʺ and "global governance.ʺ Based on the secondary analysis of research funded by the German Volkswagen Foundation, the paper shows first how the disciplinary paradigms of economics, law, and the social sciences lead to different perspectives on a shared object. In a second step, intra-disciplinary differences in perspective are analyzed. Based on a comprehensive review of the relevant social science literature, it is first shown how changes in world politics since World War II are reflected in the scientific perspective on globalization and global governance. In a final section, different perspectives of American and European scholars are then linked to differences in geopolitical context that have developed since the end of the Cold War on both sides of the Atlantic. The findings alert scholars to the contingent nature of their ways of perceiving, evaluating, and studying a given scientific object.

Building on his long career as a distinguished historian of early modern Europe, John Miles Headley has recently turned his gaze to the influence of Europe in the larger world. In The Europeanization of the World, Headley makes an insistent case for the uniqueness of European values—particularly human rights and democracy—and argues that these values are Europe's most precious gifts to the larger world. Without seeking to diminish the remarkable intellectual and cultural achievements of European peoples, this presentation will suggest a more nuanced view of relations between Europe and the larger world. Human rights and democracy mean different things to different peoples in different contexts at different times, and there have in fact been numerous expressions of both in societies beyond Europe. Furthermore, European theorists of human rights and democracy drew influence from societies beyond Europe. To the extent that the Europeanization of the world is a persuasive idea, it is possible only because of a prior globalization of Europe.

Strengthening the governance of global interactions is crucial for making global and regional groupings significantly representative to provide legitimate global leadership. This advocacy would mean that the need exists for collaboration in a quest for global governance and generational sustainability. In other words, this requires democratic processes at all levels of political governance to provide global leaders the opportunity to galvanize global initiatives to overcome world challenges in preparing the ground for generational sustainability. The survey research design was adopted in this study, and the result showed positive association between globalization and generational sustainability. The study was not exhaustive due to the absence of current relevant literature in the areas. Therefore, further study could examine the need for democratic regional groupings as one measure of improving the architecture of global governance. Because of the relationship between globalization and generational sustainability, the anti-corruption crusade should be intensified around the world.

The consequences of globalization for the development of a more peaceful world remain highly controversial. This article seeks to clarify the impact that the globalization of the economy may have on civil war and political instability. Liberals argue that countries heavily dependent on the global economy (whether measured by trade or investment) are likely to experience higher economic growth, greater affluence, more democracy, and increasingly peaceful conditions at home and abroad. In stark contrast, most dependency theorists argue that high levels of trade and investment tend to generate greater economic inequality. Relative deprivation theory suggests that such inequality will increase the risk of political instability. From these two broad perspectives, a set of hypotheses is developed and tested on a global dataset for the period 1965-93. The consequences of an open economy prove to be quite complex. A high level of trade does generate more domestic peace; at the same time, direct foreign investment also creates conditions conducive to political instability. However, the consequences of trade are dependent on what is being exported. Exports of manufactured goods create high levels of welfare and equality, while exports of agricultural products promote poverty and inequality. Inequality emerges as but one of many factors which lead to political instability.

This chapter aims to answer two general questions: Is there conflict on certain core issues relating to globalization within societies; and does the context of globalization matter for the strength of this conflict? Results show quite strong aggregate correlations between economic and cultural globalization and support for migration, between political and cultural globalization and support for internationalized governance, and some support for a relationship between problem loads and issue orientations. At the individual level, our results show that educational differences produce strong differences in issue orientations in particular regarding migration and global warming, the higher the level of education, the stronger the support for migration and, to some extent, for border-crossing authority as well, and the higher the sensitivity to environmental problems. Results also show that the contexts of globalization shape the degree how strong differences between social and ideological groups have an impact on issue orientations. Generally, the more globalized a country is, the more polarized opinions are between social and political groups in society.

In this book Rajneesh Narula examines the interdependence of globalization and technological innovation at two levels: first, between locations, by examining the role of cross-border initiatives in the innovation process; second, between corporate entities, by studying the dynamics of inter-firm R & D collaboration. Examines the international aspect of the interdependence of globalization and technology. Explores the role of cross-border interdependence in the innovation process, as well as interdependence between firms. Reveals an interesting paradox: locations and firms are increasingly interd.

The globalizatoin plays important role in the grow and development of tourism onthe world market. The process of globalization has contributed in a political, economic andcultural sense, has directly affected the intensive growth of tourist travel. Increased mobilityof people, the development of communication technologies and the emergence of the Internethave contributed to the strengthening of international over domestic tourism. Also, globaltourism trends indicate a dominant influence on the process of globalization and its reflectionon the tourism business. All this clearly shows that tourism in the future will have to adaptto phenomena outside its borders and thus will undoubtedly be the most important and at thesame time the most sensitive branch of current and future trends that affect the demand andsupply of tourism products and services. The main goal of this paper is to examine the impactof specific global trends on structural market changes in the demand for tourism, which is aprerequisite for the development of new trends in tourism. This research addresses the globalstatus and trends of tourism, the contribution of the tourism sector to employment, grossdomestic product and overall economic progress globally. The effects on tourism as a resultof the development of global trends are further covered. However, globalization is a kind ofphenomenon that has contributed to the mutual connection between the countries of the world.

Global Urban Analysis provides a unique insight into the contemporary world economy through a focus on cities. It is based upon a large-scale customised data collection on how leading businesses use cities across the world: as headquarter locations, for finance, for professional and creative services, for media. These data - involving up to 2000 firms and over 500 cities - provide evidence for both how the leading cities, sometimes called global cities, are coming to dominate the world economy, and how hundreds of other cities are faring in this brave new urban world. Thus can the likes of Lon.

In the actual conditions of modernity, the complex, tense and intrinsically contradictory process of the social globalization is developed in the educative field in peculiar way, configuring the public education of masses as a field of constraints and possibilities, in some levels. The tension between the constraints and the possibilities is inherent to the ruled or emancipatory orientation promoted by the hegemonic globalization or by the anti hegemonic globalization, respectively. The inherent contradictions to the structuration of the educative public space express in "long term" e in the construction of the concrete educative politics. The expansion of the public school of masses, its extension and widening and the construction of a universal model of configuration of the educative institutions, curricula pertaining to school and practical and dynamic the pedagogical ones constitute the essential aspect of the globalization in "long term". The promotion of educational rights and its universalization, the generalization of the access to education, without restrictions of classes, race, gender, ethnic, geographic space or "disability", still that not total carried through, it suffered progresses you designated. Furthermore, the educative field constitutes a space of permanent tension enters the reproduction of the social inequalities and the promotion of expansion politics, for saw educative, of the social rights. The contradictions are expressed in the interior of the regulating space of the agencies of control and educational examination and in the internal tensions of the national educative systems in the peripheral and half-peripherals countries. In the plan of the construction of the concrete educative politics, the tensions have expression in the generalization of the neoliberal politics, with the fast expansion of the privatized orientations and the imposition of the market logic, through measures of evaluation of schools, pupils and teachers, guided for the competition and the efficiency of results, ...