Advantages And Disadvantages Of Medicinal Plants - 1184 Words

Medicinal plants are widely distributed in their natural form in markets, natural medicine shops and in the gardens of our houses, as well as in standardized compounds of the active principle of the product in supermarkets, pharmacies, establishments dedicated to the promotion of natural products and Including Internet sites. This facilitates the possibility of acquiring them without the need for a medical prescription, much less a risk-benefit analysis. There is an undeniable and deeply rooted popular culture of alternative and complementary medicine, which is often promoted and to which many of our patients come, in order to achieve a faster cure for their suffering. Experience in the use of medicinal plants over many years has managed†¦show more content†¦Hypericum perforatum is a compound of plant origin, called St. John s Wort or Hypericum: it is a popular treatment for mild to moderate depression which is also used to treat seasonal affective disorder and sleep disorders. Its mechanism of action is believed to have an affinity for many neurotransmitters like inhibition of monoamine reuptake (serotonin, dopamine, and norepinephrine) and modulation of interleukin 6 activity. Exacerbate mania, increase the risk of serotonin syndrome, Is believed to induce an increase in cytochrome P450 3A4 lev els. The contraindications of this herb are increased sleep and interactions with other medications such as antivirals and contraceptives that cause bleeding withdrawal and decreased efficacy and of course during pregnancy due to its abortive properties. Increased sensitivity to UV rays, sexual dysfunction, dizziness, and headaches. St. John s Wort may also interact adversely with other medications such as oral contraceptives, so be sure to consult your doctor before using it.4 KAVA One of the products with most clinical evidence is the Kava, derived from the Piper shrub Methysticum. It is attributed sedative, anxiolytic, anticonvulsant and neuroprotective properties. Pharmacological properties include blockade of sodium channels associated with voltage, increased binding of GABA ligand to its GABA A receptor, reduction of excitatory neurotransmitters by calcium channel block,Show MoreRelatedGenetically Modified Organisms ( Gmos )1638 Words   |  7 Pages(GM) pharmaceuticals are produced through inserting genes of a desired substance into an organism such as plants or animals, so they will express this trait to mass produce that substance in secretions or through their body cells. Many â€Å"pharmers†, people who make GM pharmaceuticals, use recombinant DNA techniques to achieve this desired result of having an animal or plant mass produce medicinal substances. Recombining DNA in creating pharmaceutical organisms involves the crossing of the DNA of an organismRead MoreEssential Oils : Natural Products1554 Words   |  7 Pagesformed in arom atic plants which are characterized by unique features of odor and flavor for their own benefits such as protection or attraction (7). The oils are accumulated in cells, located in tiny secretory structures or in glandular hairs of the plant. The interior of the stomatal cells is typically the location of where the essential oils are found. While they are located within the plant, essential oils are continuously altering their chemical composition to adapt its host plant so ensure its utmostRead MorePolythene Pollution815 Words   |  4 Pages Polythene pollution is an example of non biodegradable pollution and they persist on our earth years after years affecting even future generation. Polythene pollution is mostly created by polythene bags, plastic syringe, pesticide containers, medicinal bottles. [pic] Effects of Polythene Pollution Polythene pollution has widespread and myriads of effects on ecosystem: †¢ Polythene pollution through biomagnifications enters the food chain and increases along the trophic levels. †¢Read MoreINTRODUCTION Marijuana is a dried out weed that mixes the leaves, stems and even the flower of1100 Words   |  5 PagesINTRODUCTION Marijuana is a dried out weed that mixes the leaves, stems and even the flower of cannabis, or the hemp plant, which is then taken into the body by either smoking or eating. Marijuana was invented in 2737 B.C in china where it was used as treatment for malaria and absent- mindedness; it then got to United Kingdom in Jamestown in 1611, which was then seen as a cash crop. Marijuana is seen to be one of the most dangerous and addictive drugs in the United Kingdom. The amount of young teenagersRead MoreCannabis For Neuropathic Pain In HIV : The Mediciana Injuana Case Study1030 Words   |  5 Pagesconducted by (Wade et. al, 2003) whose objective was to determine whether the plant derived Cannabis medicinal extracts (CME) could be useful in alleviating neurogenic symptoms that were unresponsive to the standard treatment found out that the Cannabis extracts improved the neurogenic symptoms that included impaired bladder, spasticity. and muscle spasms. Moreover, the researchers concluded t hat the cannabis medicinal extracts have the ability to develop the neurogenic symptoms that were unresponsiveRead MoreEssay on Ethical dilemma case709 Words   |  3 Pagesabout the betel nut tree and khat plant. Both of these plants present health dangers to humans, such as causing cancer, disorientation, suppress appetite and prevent sleep. Myron wanted to introduce these plants to pharmaceutical companies, however his boss David put him on the marketing team to develop strategies for introducing these to public. This is an issue involving social responsibility and the management of PI is motivated to sell products containing these plants, thereby present long-term dangerRead MoreShould the United States Legalize Marijuana? Essay1339 Words   |  6 Pageslegalizing one of the oldest and most commonly known drugs would redirect America’s future with the advantages outweighing the disadvantages. Before Americans can make accusations that marijuana can only be used for the sole purpose of euphoric pleasure, they should first become knowledgeable of cannabis’s original and highly valuable uses that gave the plant its primary popularity. The herbal plant was actually a food source around 6000 BC, and it was used as a fiber two thousand years later. AnotherRead More Legalize The Weed Essay1240 Words   |  5 Pages Marijuana is the flower of the cannabis plant, and if smoked, gives the smoker an euphoric high, but really has much more to offer than just the high. Using marijuana and the growing of hemp are presently illegal in the United States, with the exception of medicinal uses in some states. The legalization of marijuana has many advantages including for simple personal enjoyment, the usage of hemp and its by-products, and medicinal purposes. Why should marijuana be illegal when people just use it toRead MoreReligion During The Medieval World1456 Words   |  6 Pageswife to have such learning and another thing again for a widow woman of my sort† (Brooks, p.38). Anna was already at a disadvantage since she was a widow, and had no male figure to lean on. She knew that if she were to begin studying medicinal plants, then she would potentially be accused of being a witch. As the novel continued, Anna actually came to help Elinor form a medicinal cure for the plague. As more people died, the more people lost faith, and they became desperate for a solution. ThereforeRead MoreBenefits Of Legalizing Medical Marijuana1076 Words   |  5 Pagesdrug made from the cannabis plant. It is sometimes used as a recreational drug by a few individuals, medical ailments and for spiritual purposes as well. The key element in marijuana is the delta-9-tetrahydrocannabinol (THC). This psychoactive component is found in the leaves of the plant (Ethan B Russo, 2013). This essay will demonstrates the advantages of legalising medical marijuana such as treatment for pain relief, nausea and vomiting. Then it will examine disadvantages which includes impaired cognition

Slavery And Its Impact On Slavery - 2055 Words

Introduction: To determine whether or not slavery helped or hindered the confederacy there needs to be an overview on the change, continuity, cause, consequence, significance and perspective of slavery. Slavery originated from the southern states and was slowly progressing towards the Free states. Slavery lasted from 1625- 1865, that’s close to a quarter of a century. Although slavery officially ended in 1865, there were many long term effects that resulted between the whites and blacks. There was segregation, and hatred between the two social classes which resulted in different perspectives and views. There were many consequences that resulted from slavery especially towards the whites. As years later progressed there was hatred towards the whites and whites hating on their own race for the mistakes that they’ve caused. In reality there were many different perspectives towards slavery in different states. Some states were happy without slavery and other states had a de mand towards slave states. Overall slavery was something that changed and shaped America. It caused both good and bad things to form but it was an investment for whites to be slaveholders, especially down south and they were trying to make it any way possible to create more states slave states. That’s what leads to the question: Did slavery help or hinder the Confederacy? This question will be focusing on the slave states, confederacy and the Civil war in particular to help analyze and answerShow MoreRelatedSlavery And Its Impact On Slavery1890 Words   |  8 Pagessociety that is affected by its history slavery is a topic that nearly everyone has been educated on. Some individuals my know the details of what occurred during the 1800s in which slavery took place and others may just have a general knowledge as to what to occurred but no matter what an individual may know or how much an individual has been educated on slavery there is no doubt that slavery in occurred. The eve nts that took place during the time of slavery were brutal, vicious, cruel, and most ofRead MoreSlavery And Its Impact On America1353 Words   |  6 Pages Slavery in America had a tight hold over the southern half. It was primarily located in the southern portion and African American slaves were held on large plantations and out in the fields. Some were even leased into the industrializing factories. Ever since slavery in America started, slaves were considered property. Every black person was a white persons â€Å"property†. Now American had a belief, a belief that every man were entitled to God-given rights. The rights could not be stripped fromRead MoreSlavery And Its Impact On Society Essay1206 Words   |  5 PagesAlthough slavery and segregation laws are obsolete, racial inequality remains visible within our society. Throughout the course readings, one thing is for sure: the slave trade is the primary cause of racial inequality from 1500 to the present. Those sol d into slavery become the property and a product of violence. Moreover, throughout the 15th to mid-18th centuries, slavery caused people to despise those who looked different from them, based on skin color. Slavery has caused numerous gaps among theRead MoreThe Impact of Slavery in America1364 Words   |  5 PagesSlavery was a tragic experience for African slaves that last for many years; although it has passed it will always be part of history. Slavery meant many things to many people, but overall the ones that can better explain this are the slaves themselves through their voice and their history; slavery impact families, traditional roles of mothers, children, and fathers. Furthermore, slavery demonstrated agency and resistance to their enslavement; passive or aggressive. Primarily, it can be difficultRead Moreimpacts of slavery in the caribbean2584 Words   |  11 Pages How did the African slavery impact the Caribbean region between1640-1985? Introduction When the Europeans switched from tobacco to sugar cultivation, the plantation needed more lands and more labour. The labour present came from the Tainos, whose population decreased from abuse, and could not meet the labour demands. The Europeans brought free labourers from Europe, but they could not be forced to work under the conditions demanded by the encomenderos. The church suggested the use ofRead MoreSlavery in the Antebellum South and the Impact of Slavery on Southern Civilization3043 Words   |  12 Pagesï » ¿ SLAVERY IN THE ANTEBELLUM SOUTH AND THE IMPACT OF SLAVERY ON SOUTHERN CIVILIZATION In 1830 slavery was originally sited in the South, where it lives in various structures. African Americans were imprisoned on diminutive farms, big plantations, in cities and towns, within homes, outside the fields, and in industry and transportation. Even if slavery had such a great series of faces, the fundamental concepts were always similar. Slaves were considered possessions, and they were possessions forRead MoreSlavery And Its Impact On America1541 Words   |  7 Pagescontroversial issue: the institution of slavery. It was initially intended by our founding fathers that slavery be slowly phased out, as even in 1775 our budding nation’s leaders had the common sense and moral compass to see that slavery is wrong. Even the proponents of slavery, then, knew that slavery is unethical and amoral, and viewed slavery as a necessary evil, for the South had no other means of creating capital; however, slavery continues because many proponents of slavery have been so overcome wi th avariceRead MoreSlavery And Its Impact On The United States986 Words   |  4 PagesSlavery dates back to as early as 1760 BC. It is defined as the condition of a slave; in bondage. A slave is a person who is the property of and wholly subject to another; a bond servant. It fiendishly raised its repugnant head amongst many cultures and nations around the world. Many people viewed slavery as immoral and some viewed it as a necessary evil. However evil, it may have been, it did have a tremendous impact on shaping the United States, particularly the South. 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Most African American still feels like they are being lied to about their past ancestor and culture, which make them feels very confused about the question of their real heritage. One of the impact the slavery had on the African American was that it brought a lot of sadness to the individual and sometimes that person ends up hating his or her self, not

Market Analysis and Entry Strategy-Free-Samples for Students

Question: You have been hired as the Marketing Manager of Ugg Australia in Sydney (https://www.australianuggboots.com.au/en-au ). Your CEO has decided to market Ugg AustraliaFinland, Canada, and Russia. you to write a report after conducting a strategic analysis of the environmental variables such as economic, political, social, cultural, technological and any other variables in any ONE of the above countries of your choice which may influence the marketing of Ugg Australia in that country. Answer: Introduction The Australian UGG boots are a part of the Australian culture. These boots got their name decades ago, though the logic behind the naming is not exactly clear. These specific boots are made of Australian sheepskins. These are long boots made of sheepskin with flat soles. These boots were high in demand in Australia during winter due to the warm comfort it provided to the person. These boots are now famous worldwide and the demand from the foreign nation is significantly raising every year. Australian UGG Boots Pvt Ltd is one of the leading UGG boot makers in Australia who has extended their supply outside the borders reaching out some of the international markets in Europe and Asia (Australianuggboots.com.au, 2017). However, the UGG boot makers had recently came into light due to the trademark obtained by the Decker, an US company who does not even produce their UGG boots in Australia. This has significantly shaken the international market for Australian UGG Boots Pvt Ltd along with other similar companies in Australia. The company is planning to expand their business to Canada to explore the benefits keeping in mind about the natural condition of the country. Winter in Canada demands for something like UGG boots for comforting the feet. Market Analysis PEST analysis can help in understanding the market situation and facilitate in the selection of the marketing strategy required penetrating the Canadian market. Political The country offers a full treatment for foreign investors. This falls under the context of open market economy operating with democratic principles and industries. This makes Canada as a favourable pool for investing and starting business. The global Affairs Canada alongside with ISED promotes Canadian market as an open, rules-based global investment regime for attracting foreign investors. The foreign companies can easily extract the required country information from their government operated Canadian Trade Commissioner Services website named Invest in Canada. This website also communicates the easy steps to follow for registering foreign businesses in the Canadian market (Export.gov, 2017). United States has been the fifth largest foreign investor in Canada for a very long time. This led them to dominate the Canadian market with the products and services offered. Moreover, the Canadian market is also popular for its cost effectiveness for the foreign investors that increase due to te low tax regime. Additionally, the country is becoming the largest free trade zone in the world for the firms importing manufacturing goods. Economical The real GPD of the nation as per 2016 calculation was approximately CAD 1795.56 billion; where as the nominal GDP was CAD 2026.83 billion. Estimated per capita GDP for the nation is about USD 42210.13. Purchasing power parity depending on the per capita GDP was about USD 46437.16 (Tradingeconomics.com, 2017). This not reflects a stable economic condition of the overall population of the country, but also a dominating power in the international market. Expansion in this nation will be fruitful for any business considering the economic condition as they can easily sell the high-end high priced products in the Canadian market (Howard Silverman Howard Silverman, 2017). However, it is obvious to maintain the product value to satisfy the customer perceived value. Social Canadian society reflects a significant gap between the higher income group and the lower income group. $ 66,160 is the average family income of the total Canadian population. However, 43.6% of the average income is earned by the top 20% of the families, whereas, the bottom 20% of the families earn around 5.2% of the average income. This leaves a large section of the society to in the middle income group. Hence, it will be wise for the company to address the upper and middle income group in the country to generate maximum revenue. Moreover, the western democratic cultures of the Canadian society leaves ample amount of opportunity for Australian UGG Boots Pvt Ltd. to expand in attract a significant portion of the target market towards their products (Ho, 2014). Technological The technological advancement in Canada has drastically changed after globalisation. The nation has attained technological advancement in every aspect ranging form energy production, industrial advancement, transportation, and aerospace and even in communication. Companies like IBM, BlackBerry have originated in Canada. Even the inventor of Java belongs form Canada. The modern technologies connects every corner of the nation that will be useful for Australian UGG Boot Pvt Ltd. in promoting their product in the market and utilise the full potential of social media marketing (Richardson Hull, 2017). However, technology incorporated in the boot industry might pose some challenge for the company as they use traditional manufacturing procedure that costs higher. Market Selection and Entry Strategy From the above market study, it can be suggested that the company can target every age group ranging from teenagers to the old aged as the company offers products covering the mentioned. Moreover, the company should identify the middle to upper economic group for generating maximum profit in the market. It is because of in overseas operation of the company. The overseas export will increase the production and service cost being incurred by the company. Market entry strategy on the other hand suggested for the company is indirect exporting. This will reduce the chances of loss that might occur in the process. The investment in the international market will be null in this case providing more opportunity for the Australian UGG boot manufacturing communities to grow (Laufs Schwens, 2014). Additionally, the cost associated with exporting will be considered as marketing expenses. Competitive Strategy Differentiation strategy for competing the customers in the overseas market will prove to be useful for Australian UGG Boot Pvt Ltd. This will enable the company to keep their price high in the market through differentiation. It is possible due to the uniqueness of the products provided by the company. The company will be selling authentic Australia made UGG boots in the Canadian market. The product itself will be unique and rare in the target market that will help the company keeping the price in the high-end. The authenticity of the products will also ensure the quality of the products, which in turn increasing the value proposition (Acquaah, Amoako-Gyampah Jayaram, 2011). Currently UGG, a brand of Decker Corporation is supplying similar products in the target market. However, the UGG boots offered by the company is China made which looses the authenticity and in turn considerably reduces the product value in the market. Pricing Strategy Market Penetration strategy of pricing can be utilised by the Australian UGG Boot Pvt Ltd for entering the Canadian market. It is often useful in attracting customers while launching new products in the market. The companies in this strategy keeps the pricing of the products in the high end for attracting their customers. Though the company has to incur significant amount of loss in its initial stage, it is considered as useful in long run. This is because the company using this strategy can place themselves in the higher segment of the market in comparison to their competitors (Yan Pei, 2011). This will reflect the quality of the products offered by the company. Moreover, as identified from the market analysis, positioning UGG boots as high-end products will be beneficial for the company. The purchasing power of the Canadian population can support the high price of the products by the company due to the increasing demand. Promotion Strategy The best way to promote products in Canada is social media promotion. This can be attributed to the technological advancement and its adaptation. Australian UGG Boots Pvt Ltd can utilise both social media and networking channels fro promoting their products in the market. Moreover, as the potential target market for the products offered address the complete age group of the population ranging from kids to olds, they have to identify every possible means to attract the whole population. The company can use pay per click, as it is useful in online promotion. Moreover, despite of advanced technology, Canadian culture supports the traditional newspapers. Hence, it will be wise to promote the products through newspaper advertisements to address the complete target market in the country (Hultman, Katsikeas Robson, 2011). On to it, the company can use sales promotion strategy in its initial days, as it is always useful in attracting customers. Moreover, the company also needs to communicate correct information regarding their products to build public relation in the target market. Hence, transparency is an important factor that needs to be followed. Distribution Strategy The market entry mode suggested for the company in Canadian market is indirect exporting, Australian UGG Boot Pvt Ltd. can utilise selective distribution as their distribution strategy. Company in this strategy will be reaching out their customers through a selected number of channels in the market (Terpstra, Foley Sarathy, 2012). It provides greater control over products as the products will be available only in certain retail stores of supermarkets in the target market. This will further help the company maintaining the demand in the target market by making it available only a selected number of stores in the area. Conclusion The above discussion can conclude the fact that Canadian market is a wonderful opportunity for Australian UGG Boot Pvt Ltd. The company can enjoy the supply of their products in the market almost without any competition as there are limited number of companies offering similar products. Moreover, the uniqueness and authenticity of their product will provide competitive advantage in the market. The market entry mode suggested above approves other strategies, as it will help maintaining product value by offering the authenticity, uniqueness and quality of their product. Moreover, the economic and social condition of the country will also support the promotion of the products in the market. Hence, it is unlikely for the company to face any hindrance following the above mentioned recommendations References Acquaah, M., Amoako-Gyampah, K., Jayaram, J. (2011). Resilience in family and nonfamily firms: an examination of the relationships between manufacturing strategy, competitive strategy and firm performance.International journal of production research,49(18), 5527-5544. Australianuggboots.com.au. (2017).About Us | Australian Ugg Boots Pty Ltd. Retrieved 17 December 2017, from https://www.australianuggboots.com.au/en-au/company/about-us Export.gov, (2017).Canada - 1-Openness to, and Restriction on Foreign Investment | export.gov. Retrieved 18 December 2017, from https://www.export.gov/article?id=Canada-Openness-to-Foreign-Investment Ho, J. K. K. (2014). Formulation of a systemic PEST analysis for strategic analysis.European academic research,2(5), 6478-6492. Howard Silverman, T., Howard Silverman, g. (2017). The Canadian FDI Climate: Taxes and Incentives Advantages - Area Development. areadevelopment.com.Retrieved 18 December 2017, from https://www.areadevelopment.com/Canada-Investment-Guide/Location-Canada-2012/Candian-FDI-climate-taxes-incentives-363537323.shtml Hultman, M., Katsikeas, C. S., Robson, M. J. (2011). Export promotion strategy and performance: the role of international experience.Journal of International Marketing,19(4), 17-39. Laufs, K., Schwens, C. (2014). Foreign market entry mode choice of small and medium-sized enterprises: A systematic review and future research agenda.International Business Review,23(6), 1109-1126. Richardson, W., Hull, J. (2017).Technology in Canada.thecanadianencyclopedia.ca. Retrieved 17 December 2017, from https://www.thecanadianencyclopedia.ca/en/article/technology/ Terpstra, V., Foley, J., Sarathy, R. (2012).International marketing. Naper Press. Tradingeconomics.com. (2017).Canada GDP per capita. Retrieved 17 December 2017, from https://tradingeconomics.com/canada/gdp-per-capita Yan, R., Pei, Z. (2011). Information asymmetry, pricing strategy and firm's performance in the retailer-multi-channel manufacturer supply chain.Journal of Business Research,64(4), 377-384

Management and World Trade Organizations in Global Environment

Question: Discuss about the Management and World Trade Organizations in Global Environment. Answer: Introduction Globalization is the procedure of global integration, which isincreasing from the exchange of world views, goods and services, ideas and the other aspects of customs. Mowforth and Munt (2015) opined that globalization implies the exchange of the markets in the world economy. Markets where globalization is familiar consists the financial markets and commodity markets. Financial markets include the capital markets, credit market, insurance market and the money markets. On the other hand, the commodity market includes the markets of goods and services. In the year of 2000, the international monetary fund (IMF) highlighted four basic characteristics of globalization such as trade and transactions, migration and movement of the people, changing of investment and the capital of an economy, integration of skills and knowledge (Wright 2016). Globalization has brought a large number of advantages from the global sellers as well as the domestic economies. Globalization has provided an incentiv e to the nations, which can be received due to the integration of comparative advantage (McCann and Acs 2015). This study will try to highlight whether the trade boarders are really collapsing after Global financial crisis or not. A global financial crisis is a situation where economic difficulty has been experiencing by the markets and by the customers. Therefore, global financial crisis refers a difficult business atmosphere, which forces the consumers to purchase fewer amounts of goods and services. This situation has sustained until the economic position improves (Rupert and Smith 2016). As a result, global financial crisis has a greater adverse impact on the trade boarders. The global economy has experienced the utmost severe financial crisis in the year of 2008-2009. During this great recession situation, the world trade had decreased massively. This situation was started from the third quarter of 2008 to the second quarter of 2009. However, after the third quarter of 2009, the international economy was started to improve. Therefore, it can be observed that the world trade was also star ted to bounce back (Georgiadis and Mehl 2016). Moreover, this study has also aimed to discuss the reasons behind the massive demonstrations against the globalization at WTO as well as G7 summit. The international trade agreement, which was proposed in the G7 summit, highlighted that an international trade fund would help the comparatively less developed countries to address the environmental changes (Obstfeld 2015). On the other hand, World trade organization has aimed to invest in the capital market of the emerging economy. In addition, international monetary fund- instituted structural adjustment programs were developed in order to boost the export. This would in turn assure the repayment of debts. Impact of Global Financial Crisis on trade boarders It is known that globalization has developed the communication and the countrys economy with the passage of time. In this point, Mr. Pankaj Ghemawat questioned that whether the world is really is as global as it is stated. Mr. Ghemawat questioned that is it globalization or globaloney (Lingard and McGregor 2014). He added that globaloney is associated with the idea, which refers that the globe is highly connected as well as interdependent than the data highlights it to be. As per the statement of Ghemawat, this globaloney would lead to the businesses as well as the governments to neglect the opportunities for the positive changes. These practices can also address the environmental factors or can estimate the rehabilitation trouble facing by European economy. Lindberg and Jtting (2016) opined that Pankaj Ghemawat started his presentation by highlighting the delegates at the Fifth Annual European Investment summit. He mainly questioned how the countries are globalised. What characteristics can be noticed regarding the inter-connectedness? Lastly, Ghemawat also questioned what the effects for Europe are.Todays popular predictions are that world is shrinking day by day. Not only, Stevenson (2014) argued technology is also reducing the distance and national boundary has been rising unnecessarily. On the other hand, Ghemawat showed that apart from this technological advancement, these factors overcome the predictions of small but frictionless world (Stevenson 2014). From the analysis of his primary research regarding globalization, Ghemawat criticized that people are hardly globalised compare to the perception. In this regard, he showed that the percentage of the global telephone calling is only 2%, the percentage of the immigrant citizens in a given nation is 3%. This rate of per cent is actually very lower than the prediction. It can be mentioned that after globalization, this rate requires to be higher. In addition, Potrafke (2015) opined that the percentage of exports compare to the rate of GDP is only 30%. Ghemawat also criticized that most of the people overestimate the rate of percentage under each of these groups in terms of substantial margin. Therefore, Ghemawat stated that this exchange of thoughts and culture is globaloney rather than the globalization (Cheng, Johansen and Hu 2015. Ghemawat also stated that people are not as attached as many predicts due to the law of distance. This will in turn implies that the disparity among several groups of people conclude the capacity and the willingness of several groups of people to interrelate with the others. According to Van Hoaand Harvie (2016), it can be stated that these disparities is based upon several components such as cultural, geographical, administrative or economic. In addition, these differences are compound as well as helpful to describe the limited characteristics of globalization. Pankaj Ghemawat also used maps of trade flows through the borders, where the physical size of the economy can be re-structured as per the necessities for countrys trade. Mr. Ghemawat wrote in his Global 3.0: Global Prosperity and How to Achieve It is that how global the people are? David Livingstone initially asked this question in the year of 1850. He also highlighted that the globe is not flat (Berden, Bergstrand and Etten 2014). When Ghemawat was asked about the advantages of making the world highly globalised, then he replied that Doha added only 0.1 per cent in the countrys GDP. It is quite difficult to be excited for a politician. It will be easier to decouple. Nevertheless, Lauderand Brown (2015) criticised that it is necessary to understand why the benefits are larger compared to the shapes, which get pushed out. One country can be used as an example to get the entire liberalization.In order to the entire liberalization of a merchandised trade; the figures that get churned out are approximately 0.5 per cent. In addition, Asongu and De Moor (2016) supported the words of Pankaj Ghemawat regarding the concept of value creation. Value creation can minimize the cost of production of the goods and services. This would in turn increase the potential quantity gains in globalization. This could effectively make the disparities of absolute cost.On the other hand, the changing of economies of scale cannot be described after globalization. It is one of the important sources of value creation, which tends to get overlooked. Secondly, globalization cannot change the consumers willingness to pay. However, Mitsilegas, Alldridge and Cheliotis (2015) argued that globalization can improve the structure of the industry. At the conference of world trade organization, a Mexican competition commissioner came and talked about the market situation of monopoly and oligopoly in Mexico. Likely, it was not discussed regarding the absence of risk reduction at this conference. After the discussion, it can be inferred that there is no risk in general equilibrium. However, the discussion related to the knowledge creation was missing at the conference of world trade organization. Apart from this flows of products and services, there are flows of capital, flows of information and flows of people (Auer, Borio and Filardo 2017). Therefore, Mr. Ghemawat highlights the benefits of the trade liberalization concept in the book of World 3.0. The GDP rate was increased from 2 per cent to 3 per cent. Nonetheless, as per the service liberalization concept, the rate of GDP was increased from 4 per cent to 5 per cent. As a result, it can be inferred that there are flows compared to the other products and services. People flows were in large volume. Nonetheless, it is noted that the complete liberation of immigration could be able to double the rate of GDP of the world. In this point, Zajda (2015) opined that the global GDP was increased from 3 per cent to 4 per cent. Ghemawat also discussed about the hype of exaggerated level of integration after globalization. As per this concept, it can be mentioned that an economy can increase their benefits through additional integration. Furthermore, Ghemawat has described the usefulness of CAGE model in his book. With this model, one can identify the economical and the geographical differences of the countries. For example, using this model, it can be determined that the labour cost is lower in China (Ivanovand Webster 2013). Anthony Giddens ideas Anthony Giddens is the director of London School of Economics and the professor of Political Science. He stated his view regarding globalisation in the book of Runaway World: How Globalisation is Reshaping Our Lives, which was published in the year of 1999. As per the opinion of Anthony Giddens, it can be mentioned that there are four major dimensions of globalization (Ivanov and Webster2013). He defines that globalization is the intensification of worldwide social connections, which can relate the distant localities. Therefore, local happenings are shaped with the help of events. First dimension can be identified as the world capitalist economy. As per this dimension, Devereux and Yetman (2014) cited that the major centres of power in this world economy could be identified as the capitalists state. It is the main form of production. In addition, the domestic and the international economic policies would be able to highlight different forms of regulation of economic activity. This co uld in turn capable to highlight the wide scope of global functioning of organizational cooperation. Therefore, in this context it can be inferred that the effect of specific state within the global political order can be identified by the level of wealth (Falola 2014). The second dimension of globalization is nation state system. With the help of this concept, sovereignty of an economy can be monitored. Sovereignty can highlight the link, which is associated with the replacement of frontiers by borders in the prior development of nation state process. In this context, it can be mentioned that autonomy within the geographical region is claimed by the condition is sanctioned as it can be identified by the recognition of the territory of different states (Kiely 2016). World military order is the third dimension. Therefore, it can be mentioned that massive destruction power of weaponry would reflect the strength of military. This function can also be observedin the pre modern civilization period. In the opinion of Berden, Bergstrand and Etten (2014), it can be mentioned that third world countries are supposed to be military powerful. During the time of cold war, two most military growth regions such as United States and Soviet Union developed a bipolar method of military alliances of truly global scope. Therefore, it can be inferred that the nations involved in these context effectively accepts the shortcomings over the opportunities and can forget the external independent strategies (Boivinet al. 2014). The fourth dimension was industrial development. The major reason of industrial development was to the expansion of global division of internal labour. This would in turn highlight the disparities among the more and the less industrialised areas within the world. Modern industry is depending upon the division of labour. In addition, it can be stated that development of modern industry is not only depending upon the level of job tasks but also depending upon the regional specialisation such as skill and knowledge of the employees, types of industry and also on the production of the raw materials. Moreover, Fukuzawa (2016) argued that since the Second World War, a major expansion of global interdependence had taken place under the division of labour. The major implication of industrialism is the global diffusion of technology. On the other hand, globalisation in the industrial sector influences the human communication with the material environment (Reese, Rosenmann and McGarty 2015. On the other hand, it can be noticed that the fundamental aspect of globalisation that lies behind each of the institutional dimensions, which have discussed in the above, could be described as the cultural globalisation. Therefore, in this context it can be added that the fifth dimension of globalisation can be identified as the culture (Livermore 2016). The following figure highlights the five major dimension of globalisation in the concept of Anthony Giddens. Globalization deals with the diffusion of thoughts, practices as well as technologies. Anthony stated that globalisation is more than universalization and internationalisation. Therefore, globalisation is not only connected with the westernization or modernisation. In addition, Eppinger and Potrafke (2015) criticised that globalisation is not also related with the liberalisation of markets. Anthony Giddens also explained globalisation as the strengthening of worldwide social relations. This relation can link the distant localities in such a manner that the local happenings can be shaped by organising global events. This will in turn involve the transformation in such a manner that the geography and regions have influenced. Nevertheless, McCann and Acs (2015) argued that globalisation also change the technological behaviour and sometimes it increases risks within the economy. Like Pankaj Ghemawat, Anthony Giddens argued that really people are living across the period of great political, economical or through the social change after globalisation? Globalization has become persistentin the countrys politics, however, its widespread utilisation can be described as a current phenomenon (Weiss 2014). On the other hand, Anthony showed that sceptics of the conceptcriticised that the degree of the global incorporation had highly exaggerated. These were nothing fundamentally new regarding the globalisation. As a result, the global trading markets, exchange of the currency, mass migration and the global cosmopolitan culture would be affected. Moreover, other important side of globalisation was hyberglobalizers (Georgiadisand Mehl 2016). In this context, Anthony Giddens questioned that whether hyperglobalizers trumpeted a world of the dramatic transition as well as new global dynamics. Therefore, it can be inferred the corporations and the use of technologies dominate that world. Here, government had not such real power and the residents of a country did not have faith in the traditional politics (Eppinger and Potrafke 2015. In this purpose, Giddenscriticised that this argument is now associated with the trend of the past.Therefore, more specifically, it can be mentioned that this argu ment is now related with the consequences of globalisation, however, is not related with the reality of globalisation (Lingard and McGregor 2014). As per the concept of todays globalisation debate, all aspects have been transferred in a fundamental way. Presently, Anthony highlighted that the world has been experiencing cross border trade in case of the transaction of physical commodities. Therefore, it can be observed that the trade in service as well information has been increasing day by day (Janks 2014. The end of poverty movement In the year of 2005, the G8 summit in Gleneagles, Scotland, was covered by political factors and issues.The major issue related with the end of poverty was primary attraction of the G8 summit discussion. Globalisation also focused to the mitigation of the end of poverty of the world. In this context, the macroeconomic solutions would be able to change the entire economic situation. On the other hand, the concept of degrowth was explained with the help of micro economic solutions (Cheng, Johansen and Hu 2015). These solutions are benefitted to motivate the citizens. In addition, the public officials, corporations, other educational institutions can address the core causes of poverty. Corporate globalisation is not the ideal approach to mitigate the poverty of the world. This was the greater insight in case of the demonstration against World Trade Organisation in 1999 and also against the G8 in Genoa in the year of 2001 and Annemasse in 2003. End of poverty movement is indirectly related with the trade not aid strategy. According to Rupert and Smith (2016), trade not aid strategy is depending upon the principles, which stated that if the developing nations were capable to trade more freely with the wealthy nations, the developing nations would be capable to earn higher income (Mowforth and Munt 2015). These countries would be less dependent on the external aids in order to carry the development projects. Therefore, it can be inferred that international trade would increase incomes as well as standard of living of the poor and underdeveloped countries. They can develop their economy by selling the goods to the rich countries. As a result, it can be mentioned that t his trading relationship between the developed and the underdeveloped nations can increase the economic performance of the countries (Lindberg and Jtting 2016). This will in turn mitigate the poverty of the less developed nations. This relationship can be explained with the help of the poverty reduction theory. Therefore, trade between the countries can boost up the economy and the export of the less developed countries will be improved. On the contrary, Van Hoa and Harvie (2016) argued that most developed and wealthy nations impose higher rate of tariff on the products, which are exported by the developing and the underdeveloped nations. In this context, it can be stated that in order to sell the products in developed nations, exporters in the developing nations require to pay high tax. This will in turn make an effect on the pricing structure of the goods and services after they enter into the market. Developed nations subsidize their own sector to set the domestically produced products low, thereby; this will sustain competition from the poorer nations. From this point, it can be mentioned that tariff or quota in case of world trade increase the differentiation. As a result, the level of poverty will be increased in the developing countries. For example, it can be illustrated that Middle Eastern nations suffer from average clothing tariffs by 15 per cent on the $4.2 billion in case of export to United States in ea ch of the year. In addition, Lauder and Brown (2015) opined that as per the constitution of progressive public policy, the Middle Eastern nations exports lower volume of merchandise to United States compared to France due to the higher rate of tariff. As a result, United States charged higher rate of tax on clothes compared to the manufactured products. This has created difficulties to the developing nations, where clothing is supposed to be a primary export industry. According to Asongu and De Moor (2016), openness and trade liberalisation are the major components of national policy, which are necessary to identify the economic growth and the aggregate economic well being. Moreover, poverty is the greatest failure of contemporary global economy and it is identified as the greatest challenges of 21st century. The procedure of trade liberalisation could have caused the poverty. If trade liberation and poverty can be estimated, then trade liberalisation can be measured as the major economic shocks.Liberalisation of type a will have the effect of type b. Moreover. Poverty impacts will base upon why people are poor to start with (Berden, Bergstrand and Etten 2014). As per the UN Millennium projectreport, trade liberation is the poor countries undermine the poverty reduction. There is a negative relationship between the trading situation and neo liberalism. However, Mitsilegas, Alldridg and Cheliotis (2015) argued that higher rate of tariff increase the debt within the country. This will in turn make the country poorer from the previous. In addition, it can be stated that international monetary fund and world bank stop to impose the free market policies. Therefore, the profitability earning from the business will be declined and the level of poverty will be increased with respect to the other countries. The people will suffer from income inequality. Moreover, it can be stated that the GDP growth rate of the countries will be decreased. Nevertheless, Auer, Borio and Filardo (2017) argued that there is a negative relationship between the globalisation and poverty. In this connection, Harrison wrote in his book is that developing countries are growing after globalisation within the global trading system. However, world poverty level has been falling with the passage of time. Therefore, it can be added that the poor people do not gains from trade. In addition, Ivanov and Webster (2013) cited that the abundance of unskilled labour do not get the advantage from the trade reform.Poor are willing to share in the benefits from globalisation when they get the maximum mobility. In addition, it can be noticed that growths in countrys export and the incoming foreign investment have decreased the poverty in each of the country such as Poland, Mexico after globalisation. However, Auer, Borio and Filardo (2017) criticised that in the country like Indonesia, the rate of poverty was increased by 50 per cent after arising the situation of currency crisis in the year of 1997. The relationship between the globalisation and poverty concludes that this relationship is based not only on trade or financial globalisation but also on the connection of globalisation with the remaining economic environment. Reese, Rosenmann and McGarty (2015) added that labour legislation can protect the rights in the developing nations. These legislations are benefitted to adjust the cost structure and also reflect the labour force benefits from globalisation in the short run. Lastly, it can be mentioned that the unskilled employees of developing countries will get the opportunity from glob alisation by increasing the demand for the labour intensive product (Devereux and Yetman 2014). Therefore, cross country study highlights that globalisation is accompanies by rising of inequality within the developing nations, which will in turn decrease the poverty. Conclusion The major concern of this study is that after globalisation, countrys economy has been growing. It introduces massive development in the capital market. The communication between the countries has increased. In addition, countrys trading situation has also improved. With the help of world trade, one country can boost up the economy. As a result, the rate of GDP has improved. The exporters get the benefit to increase their revenue earning. This implies that the standard of living of the country has increased. In a synopsis, it can be mentioned that after globalisation, the world is getting smaller in terms of greater communication, relationships and also in terms of conducting better decision making procedure. The world is becoming shrinking.However, Mr. Pankaj Ghemawat questioned that whether the people are really globalised? He argued that this changing of the world is associated with the concept of globaloney. Similarly, Anthony Giddens also criticised that after globalisation, peo ple of the countries have been suffering from several political, economical and social factors after globalisation. Lastly, it can be inferred that after global financial crisis, trade boarders are collapsing. Therefore, world financial market has been suffering from risks. Due to higher flow of capital among the nations, the countries will suffer from unfair and immoral income distribution. Recommendation Global economic incorporation is associated with the insufficient global governance. In the close economy, the governmental power can shape the countrys economic performance. However, it can be observed that after globalisation; most of the countries have lost the policy space. Therefore, it can be recommended that global governance requires to assure a balance national policy space along with the international policy cooperation. Global governance will be able to accelerate the domestic economy; will balance between the markets and the governments. Moreover, the global governance needs to control and manage the entire process wisely in favour of the markets. It is necessary to focus to the global governance reform in the G20 summit. In addition, it can be recommended that the global governance can adopt a broader perspective on the threat spectrum. 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