Does Globalization help or hurt the state of Alabama Essay

Does Globalization help or hurt the state of Alabama - Essay Example Globalization effects are dependent on the state of development of the nation. Countries that are termed as developing may not benefit from globalization compared to developed nations. This can be attributed to the lack adequate fund to acquire technology to compete with developed nations. Globalization can thus be evaluated with regards to the effect it may have on the nation it affects. The state of Alabama will be positively affected by globalization (Mishkin 2009: 187-196). Alabama’s economy depends on various industries to ensure that there is economic growth in the state. Alabama generates its revenue from agriculture with leading products being livestock products. The state’s agricultural produce includes broilers, cattle, eggs, cotton, horticulture and calves. Crop farming comprises 18% of revenue generated from agriculture. The State has manufacturing industries that add value to the raw material imported or from the country. Manufacturing industries in the Sta te increase the revenue generated as the products from the manufacturing industries retail at a higher price compared to the raw material exports. Fishing along the golf of Mexico provides the State with revenue. Mining provides the state with most of the State's revenue with some of the minerals mined include coal, natural gasses and limestone. Mining in the State provides the local people with employment which improves their lifestyle. The service industry also contributes significantly to the State’s economy. The services provided in the state include community based, business government, and personal services (Cunat, 2009:179-212). Effects of trade The revenue generated from taxes levied on imports and exports from local and international businesses enable the government to run its operations. Globalization of economies requires that such trade barriers be eliminated to facilitate the free movement of commodities. The government can generate additional revenue from the bu siness with globalization. Globalization encourages international investors. International investors increase the employment opportunities through the industries they venture into in the State. Imports will increase through globalization. Increased imports enable the citizens of the State to choose from a wide range of products provided in the market. The free trade also facilitates exports such that the industries in Alabama can market their products in all markets they may find profitable. The trade in processed good from the industries in the state ensures that it enjoys favorable terms of trade. Unlike other nations especially the developing nation which star in sale of raw material, Alabama’s finished products may retail at a higher cost thus improving the States terms of trade. Improved trade between other States would ensure that the nation reduces its budget deficits. Budget deficits are as a result of increased government spending compared to the revenue it generates . Increased trade between other States enables the government to collect more revenue from the workers and the industries in the nation thus more revenue generated. Government spending in improvement of infrastructure and provision of some basic amenities can also be reduced by encouraging foreign investments (Andres 2011:885-901). Competition may be viewed as a local industry destroyer with many weak industries falling under the pressure of competition. Competition

Improving Education Selection and Return Essay Example | Topics and Well Written Essays - 6750 words

Improving Education Selection and Return - Essay Example The new selection criteria are comprised of seventeen standards and other standards as well. The new selection criteria mention faculty, language, political, economic, religious, social, and previous academic factors as the key standards for evaluating universities. The key findings are the University of Washington Bothell has 19 PhD holders. It is privately and professionally administrated. The University of District of the Columbia is a public institution who faces the threats of political influence. Name Professor Subject Date Introduction The university selection criteria have changed over a period of time. Students face numerous issues while selecting a cost effective and professional university. With the passage of time and prevalence of globalization, selecting a professional university is nothing less than a challenge. There are various factors that must be taken into account before begin studying. For example, language has become a biggest barrier for overseas learning and e ducation. Every country or region has its own language in which education and learning is provided to the students. In Saudi Arabia, the Arabic language is employed to teach and communicate in the educational institutions. In the United States of America, English language serves as a communication tool between students and a professor. For a Saudi Student wishing to study abroad or in the United States of America, understanding and speaking of English language is an essential precondition. Without this language, it would be nearly impossible for the Saudi student to get education in the United States or any other country. The difference and effect of a private sector university and a public sector university cannot be underestimated. It is a common understanding that the public sector universities always remain under the influence of politicians and the political parties. On the other hand, it is also assumed that the private sector universities do not experience the similar level o f influence that is being experienced by the public sector universities. In addition to that, it is also experienced that the private sector universities remain more professional and competent in comparison with the public sector universities. In the following parts of this paper, first research methodology has been incorporated in which how the data was accessed and what problems were faced by the researcher are accounted for. It is followed by the Saudi Arabia selection criteria methodology has been provided in which Saudi Arabia criteria have been applied on the University of Washington Bothell and the University of the District of the Columbia. The new selection criteria have also been applied to these universities. Before the conclusion part, the results have been discussed to highlight the major findings in the work. Research methodology Objective and Return Manifestations The purpose of research is to increase knowledge (Clark-Carter, 3).The objective is to highlight and sele ct the most effective criteria for evaluating universities. For this purpose, two criteria have been selected for evaluating universities. Using two criteria will facilitate the appropriate evaluation of universities and it would help us to highlight the improve education selection and return as well. The improvement of education is only achieved when it provides better returns i.e. the student becomes a well-competent official figure and serves any organization with unique and competent skills and