The paper "Globalization: Trends and Perspectives by Houston, Bishop, Reinke, and Adam" is an outstanding example of a business article. Globalization has brought about different changes over the last year. Different countries now do trade freely without the restrictions that existed in the past. However, due to the internationalization of the economy, governments of participative countries need to increase regulation. Globalization can be defined as the integration of countries that has led to the free flow of trade, people, and ideas from one country to another. Globalization has brought about both positive and negative changes.
For instance, globalization has brought about technological innovation in developing countries due to the quick and easier movement of ideas. It has led to improved communication which has brought different cultures and businesses together. In addition, globalization has expanded into human rights, the environment as well as national security. This has resulted in a shift of policy-making choices that has ensured the coming together and the growth in size and importance of the political institutions of different countries. This paper will review the article, Globalization: trends and perspectives, that is written by Houston S., bishop T., Reinke J., and Adam T.
This article was published in 2011 and offers information about the history of globalization, perspectives of globalization, effects of globalization and the recommendations for future improvement. History of Globalization Globalization commenced when the world became interconnected at the start of human history. Trading activities also started when European explorers started trading on their voyages abroad. These trading activities opened up and thus countries traded in various commodities which eventually formed various trading companies within different countries which led to the start of international trade.
After World War I, the Suez Canal together with a number of railroads was accessible which minimized the travel time of goods between Europe and Asia.
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Bishop T., Houston S., Reinke, J and Adams, T 2011, Globalization: Trends and Perspectives, Journal of International Business Research, Vol. 10. p. 117-130
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