Who are the 'winners' and 'losers' in globalization Essay

Who are the 'winners' and 'losers' in globalization - Essay Example the article concludes that the prospects for a satisfactory synthesis of a liberal economic theory of globalization, a normative political theory of the global public domain, and a new social bond are remote"( Devetak & Higgott 1999). Largely looking in terms of distribution of economic benefits of globalization it can be surmised that entrenched vested interests and inequalities have remained or even worsened. These inequalities, by themselves, would make any concept of global polity, economy or social bond from arriving in synthesis for maintenance of global social order. We examine the extent of inequalities below. Again in a slightly different context Phillip W.Jones makes a statement which is extremely relevant to the definition of globalization in present context. Jones states that," The logic of globalization contrasts markedly with that of internationalism. The latter, with its intrinsically democratic foundation, looks to a world ordered by structures supportive of that functionalism which is embedded in accountability. Globalization, by contrast, implies few logical imperatives in favour of accountability, but rather looks to the pursuit of interest on the global level through the operation of unfettered capitalism"(Jones,1998). Examining the globalization context from economic point of view prima facie capitalist motives of profits appear predominant. New technological developments, improvements in communication, growth in transnational infrastructure and liberalizing of trade and capital flows have enabled entrepreneurs the globe over to deploy and run their capitals chasing markets the globe over. The globalization aligned attitudes of IMF and World Bank are exemplified with clarity by Jean-Claude Trichet, President of the European Central Bank, when he says that," The key aim of today's policy makers has not changed compared to those at the Bretton Woods times - it has been, and still is, global prosperity and stability - but the environment in which we are acting has changed profoundly......Today we are striving for stability of the international financial system in a world of free capital flows with a growing importance of private flows and increasing trade and financial integration"(Trichet, 2004). As Roby says," world-wide output and trade have grown apace with market openings and the rise of efficient global business networks these past 15 years. An entrepreneurial class is energizing once-stagnant command economies" (Roby, 2005). It is at once apparent that this 'entrepreneurial class' is essentially limited in number the globe over. They also have limited spheres of influence. Consider for instance, the pharmaceuticals giant Astra Zeneca (AZ) has multinational operations and employs just about 65000 employees globally (Annual, 2004). Such instances abound in almost all industrial and commercial sectors where spread and success have been limited. Has AZ been able to provide cheap drugs to global population-perhaps no. We perhaps need more global entrepreneurs in each activity to raise

Identify the pathways and stores of water, sediment and nutrients from Essay

Identify the pathways and stores of water, sediment and nutrients from the uplands to the coast in typical northwest England - Essay Example As water flows naturally to the sea, it forms various features as it interacts with various factors on its way. In some cases, the water gets stored temporarily in reservoirs, most of the time moving at various speeds. Depending on the speed of movement, the water collects, transports and deposits objects including soil, rocks, and wood. Using these objects, the water at high speed can create new features as the objects brush against other objects in the water path. Water also dissolves nutrients and minerals while suspending tiny particles which are later deposited as sediments at lower speeds. This paper is dedicated to discussing the water pathways from the typical northwest England catchments and its flow to the sea. 2). Definition of terms Pathways: In the context of this essay, pathways refers to the routes of flow traveled by water, nutrients and sediments as they move from the uplands to the coast. ... Sediments: These are materials broken down by the processes of erosion and weathering and are subsequently transported through the actions of wind and liquid water and glaziers. These materials are naturally occurring. Nutrients: These are chemicals required by organisms for them to live and grow well or a substance required for the process of metabolism and must be taken from the organism’s environment. Uplands: Refers to areas of higher altitudes Coast: Refers to a strip of land bordering the sea and as such, it is an area of low lower altitude. Catchments: Refers to a main source, the region from where a substance or material is supplied to the rest of the areas that form part of the material’s or substance pathway. 3). The pathways and stores of water, sediment and nutrients from the uplands to the coast in typical northwest England catchments a) Pathways and stores of water from the uplands to the coast in typical northwest England catchments The pathway of water i n any particular region typically begins with the hydrological cycle. At the beginning of this cycle, water is changed from liquid into its gaseous, vapour, which ascends to the higher altitudes. Here, it is cooled and falls down as rain, which falls either directly as into the various rivers, lakes and man-made reservoirs or flow into them as surface runoff. Vegetation are important in making this water to sip into the ground from where they flow as underground water till they join rivers, lakes or man-made reservoirs. In typical northwest England catchments, the water moves along various pathways. These include fast ways for example overland flow, or drain ?ow, shallow sub-surface ?ow and slower pathways. The slower