International Trade A country’s share of international trade depends on its economic development status. A growing economy necessitates and leads to prosperity as well as an increase in employment rate. More advanced economies enjoy developed markets in which various financial tools are known and used frequently. Developing countries, however, work their way…
Read MoreMasculinity and Culture As an aspect of a culture, masculinity indicates the degree to which a society leans towards masculine characteristics. Masculinity is a dimension in Hofstede’s cultural model, which can help us better understand cultures. A high score on this dimension indicates the adoption of more masculine traits than feminine ones.…
Read MoreIndividualism vs Collectivism National cultures direct and affect the behaviors of their members, especially in terms of their level of individualism. According to Hofstede’s cultural model, a national culture may encourage individualism or emphasize collectivism. This, clarifies society’s values and priorities with regards to personal vs group needs and wishes. Individualism refers…
Read MoreHofstede’s Cultural Dimensions In order to better understand cultural differences, I decided to introduce Hofstede’s cultural dimensions. As we set foot in the business world, we immediately notice cultural differences while others seem to be closer to home. In some cases, countries of the same region tend to show similarities in culture…
Read MoreLabor Market and Employment Considering the global changes and technological advances, labor market and employment conditions are constantly changing. Today, technology has become a middleman, connecting employers and job seekers around the world. It is also constantly changing the way jobs are and the way they can be done. Moreover, international organizations consider…
Read MoreContributors to Globalization Globalization did not happen overnight. The change did not occur solely due to recent technological advancements either, regardless of its remarkable impact on the process. It was brought about by various factors combined. A series of events can be marked as contributors to globalization. Globalization has been evolving…
Read MoreGlobal Education Report 2019: Sustainable Development The global education monitoring report 2019 introduces a commitment to leave no one behind in the 2030 agenda for sustainable development. According to this report, refugees, internal migrants and international migrants are considered vulnerable and need to be supported to receive proper education. The information…
Read MoreGlobalization: Hopes and Concerns Globalization is spreading with such speed that in some cases businesses are struggling to keep up while others are tactfully taking initiative to hoard as much market share as they can. With regards to globalization, there are two main concerns frequently pupping up in global summits and conferences: technology and environment.…
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