Friday, February 14, 2020

International Production and Trade Essay Example | Topics and Well Written Essays - 750 words

International Production and Trade - Essay Example The author in the chapter sought to identify the basic features and issues forming the international production and trade structure. While discussing the changes taking place in the production of goods, the author uses the case of Thomas Friedman to explain the post-world war II changes that have taken place. Technology is arguably one of the most significant steps that man has discovered so far. As such, it has revolutionized both the production process and the communication channel. While the internet connects people in a previously un-imaginable way, new products such as cars and clothes go through mass production. Another notable change in the production process is the level of fragmentation and specialization taking place. With the increased level of interdependence between different countries and regions around the world, production methods have spread in all parts of the globe. Statically, the World Bank demonstrated the effects of this growth and increase in production throug h the 2005 world’s gross domestic product, which was approximately $44.3 trillion. Of this, 78% came from the developed countries, while the middle and low income, countries contributed only 22 percent. Five years earlier, the level of production was fives lower as it was in 2005. McGrew, an expert observes that there have been changes in the trends of FDIs, which have subsequently contributed to the capital mobility. In this mobility, firms now migrate from the industrialized countries and set up production plants in less developed countries due to labor issues as well as environmental issues. International trade, which is trade that takes place between different countries, help in the unification of countries. Since trade ties countries together, it generates significant political, economic, as well as social interdependence between countries. As such, many states use it as a means of gathering income, opting to regulate it in an effort to safeguard their interests. The int ernational trade structure, by pulling international leaders, IO and the NGO officials, pulls three perspectives of trade at the same time. Despite their conflicting arguments, these perspectives have contributed to the understanding of the development of trade in the international front. International trade rules came into effect in the sixteenth through the eighteenth centuries. Tariffs and quotas existed back then, as there was a restriction of importing intermediate goods. This aimed at protecting local industries from unfair competition. One of the international trade policies launched in the eighteenth century advocated for a laissez-faire type of policies. Proposed by Adman Smith and David Ricardo, the liberal trade policy still applies in the case of the Britain markets. These were the developers of the comparative theory, which advocated for opportunity cost of production. Proponents of opportunity cost theory pointed out that for a country to produce a particular commodity ; it had to forego a particular commodity that was rather expensive to produce. As such, introducing trade restrictions was an unjust way of treating other nations. However, the mercantilists challenge the arguments of comparative advantage, even currently. They argue that states can

Saturday, February 1, 2020

Gender Stereotypes and Discrimination in the Workplace Essay

Gender Stereotypes and Discrimination in the Workplace - Essay Example 3-6). People of either gender have come under common discrimination factor in areas of not only jobs but also trainings and wages or salaries are also the universal aspects of discrimination, regardless of their capabilities, competence, or skills. This practice is not only limited to underdeveloped countries but urbanized nations also practice the same to great extent (Cleveland, Stockdale and  Murphy, 2000, pp. 3-6). Until the twenty first century, the subject matter of gender discrimination with reference to diversity management has not come under limelight by the researches and very little information came under provision. In fact, the diversity management only came under reference to elucidate how the employees would come under administration and management to the organizational culture on an international and local basis. However, as time passed by, this matter came into numerous discussions and studies (Klarsfeld, 2010, pp. 101-102). Diversity Management" is one of the tacti cs and approaches that can promote and uphold the opinions, acceptance, and execution of diversity or multiplicity within organisations. Diversity is a method that emerge the creativity and innovation amongst people as every individual belongs to different social, national, and ethnic background with different skills. Indeed, diversity management has come under perception as a primary source of development and growth in the today's competitive world (Wrench, 2007, pp. 18-19). The following theses paper would include how diversity management pertaining to gender discrimination help to make the workplace a better environment for all, a wide range of theories defining the gender discrimination at workplace. In addition, the report would also state how men and woman are different in the workplace, the characteristics of gender, and types of sexism in the workplace. Based on the empirical studies, recommendations for HR managers and employees would also take account into the report. Lite rature Review Discrimination is one of leading unfair conduct that demoralizes the person to great extent that might even devastate his or her personality. However, it has come under observation that females are the majority coming under the adverse impacts of discrimination in every facet of life. This might be because the men have always come under reflection as the breadwinners of the families and women only comes under supposition to take care of all the matters related to household like cooking, taking care of children and many other. Gender discrimination at workplace can have several forms, which includes sexual harassment, wages, or salaries inequality, unfairness based on job descriptions, and a plentiful of others (Gregory, 2003, pp. 1-5). On a general perception, employers look for people who can best match with the job descriptions, for instance, a male person comes as a first choice when technical, manual or production work is the primary requirement, however, employers seek for female staff for the job of public relations or