The paper "The Arguments Held by the Anti-Globalization Protesters" is a good example of a business literature review. Globalization is an inevitable part of everyday life in the present world. With education, business and many sectors taking on a global outlook, it is clear that the concept is surely shrinking the expanse that is the earth into a small village. Apparently, globalization is a movement-like concept that endeavors to take every sector affecting the human race to the international arena. It may be difficult to understand why this concept is gaining acceptance and taking root even in the most remote areas in the third world, but the concept’ s causes can be summarized in one word – technology.
Worth mentioning at this juncture is the actuality that the concept of globalization is one that has both positive and negative effects. Talking of the effects of globalization, the concept has serious negative impacts on the business sector. International business, being a key concept in the world today, has brought many effects to the local businesses in the sense that management is now more focused on how to manage global human resources.
This paper seeks to explain and evaluate various arguments held by the anti-globalization protesters in the contemporary world. The arguments held by the anti-globalization protesters Braun (2008) observes that among the primary arguments held by the ever-growing anti-globalization movement is the reality that the concept of globalization brings with it such negative aspects as brain drain. Brain drain is a concept that entails the movement of professionals from one country, usually their home country, to another country due to such factors as they search for better pay, more opportunities and better working environment.
According to La Bella (2010), brain drain is most common in African countries and other developing economies in South America and Asia. Such developing economies usually have little to offer to the professionals that graduate from universities and professional institutions. The departure of such brains causes a loss to the home economy in the sense that it will not develop competitively due to lack of technical know-how. Globalization encourages brain drain, hence making the poor economies continue suffering. Essentially, this widens the gap between the developed and the developing nations. Aswathappa (2008) argues that globalization is the force to be blamed for the rampant illegal immigration in the developed nations.
Currently, immigration is a common concept in the sense that people are freely moving from one country to another. During the last presidential elections of the United States, immigration was a key aspect of policy. Everyone wanted to understand what the presidential hopefuls had in store for them regarding illegal immigration. The main reason why the concept of immigration was given prominence is the reality that immigration, which is a product of globalization, is the key cause of unemployment in the developed economies.
Hitt et al (2012) explain that at present illegal immigrants, and even the documented ones are offering cheap labor. Such cheap labor compromises the working conditions and the wage rates of the legal citizens. The employers are quickly absorbing the cheap labor – a move that has rendered many legal citizens jobless. Unemployment is a primary economic variable which is, arguably, the root of all evil.
Aswathappa, K. 2008. International business. New Delhi, Tata McGraw Hill Education.
Braun, M. A. 2008. Does it matter for the business world whether globalization worsens income inequality between and within nations? München, GRIN Verlag GmbH.
Czinkota, M. 2008. Fundamentals of international business. [S.l.], Wessex Press.
Folsom, W. D., & Boulware, R. 2004. Encyclopedia of American business. New York, Facts On File.
Hitt, M. A., Ireland, R. D., & Hoskisson, R. E. 2012. Strategic Management Cases: Competitiveness and Globalization. South-Western Pub.
La Bella, L. 2010. How globalization works. New York, Rosen Pub.
Price, A. 2007. Human resource management in a business context. London, Thomson.
Vaidya, A. K. 2006. Globalization: encyclopedia of trade, labor and politics 1. Santa Barbara, Calif. [u.a.], ABC-CLIO.