Sample Essay on:
Reality of Globalization

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Essay / Research Paper Abstract

A 7 page research paper that posits that globalization, per se, is not the problem, but rather how globalization has been mismanaged. The writer looks at the 1999 merger of Chrysler Corporation and Daimler Benz, as an example of how the corporate cultural ramifications of globalization have been overlooked and underestimated. Citing Waltz (1999), the writer also discusses how globalization has resulted in a form of world governance that results not from democratically elected officials, but rather from the urges of a "herd" of investors and other stakeholders. Lastly, the writer describes how mismanagement of globalization has also occurred on a governmental level, specifically when governments have failed to protect their population from the negative effects of multi-national corporations (MNCs), which often have instituted practices in other countries that they would have never taken in their own country. Bibliography lists 5 sources.

Page Count:

7 pages (~225 words per page)

File: D0_khglomis.rtf

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Unformatted sample text from the term paper:

the Olive Tree praised globalization as a celebration of the American way of life, market capitalism and liberal democracy (Waltz, 1999). Free markets, transparency and flexibility became the watchwords of the day and a new era was predicted, not just for the industrialized countries, but for everyone. However, since the late 1990s, globalization has taken on an increasingly negative connotation, so that its use now generally indicates the spread of economic instability, rather than growth and prosperity (McNally, 1999). Rather than praising the benefits of a free market, governments across Asia and Europe are publicly looking at the need for capital controls and new mechanisms for controlling world finance (McNally, 1999). What happened? The following examination of globalization demonstrates that the problem is not with globalization, per se, but rather with how it has been managed. The mismanagement of globalization can best be shown by looking at two factors of this process. First of all, by looking at the 1999 merger of Chrysler Corporation and Daimler Benz, it is possible to see how the corporate cultural ramifications of globalization have been overlooked and underestimated. In this regard, This shows globalization mismanagement on the individual corporate level. Waltz (1999) points out how globalization has resulted in a form of world governance that results not from democratically elected officials, but rather from the urges of a "herd" of investors and other stakeholders. Secondly, mismanagement of globalization has also occurred on a governmental level, specifically when governments have failed to protect their population from the negative effects of multi-national corporations (MNCs), which often have instituted practices in other countries that they would have never taken in their own country. The 1999 merger of USA-based Chrysler with German-based Daimler Benz created a "truly global corporation," which combined two organizations of roughly ...

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