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Australia and Globalization - Feast or Famine?

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Australia and Globalization – Feast or Famine?: This 9-page essay examines what globalization intends to convey to the Australian labor market, and to what extent its expectations have been actualized. According to the United Nations globalization mandates a ‘mixed bag’ and bears extremely close monitoring. Bibliography lists 6 sources. SNGlobas.doc

Page Count:

9 pages (~225 words per page)

File: D0_SNGlobas.rtf

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Unformatted sample text from the term paper:

phenomenon is still in the infant stage. There is little consensus on how to approach the subject of globalization or how our lives will be affected by it (OMeara, 2000). It seems that with the advent of fairly recent technological advancements, that capitalism is bent even more stridently on extracting additional value from labor. However, the concepts relevant to the old mass production economy is well on its way to being replaced (or at least supplemented) by a more diversified, far-reaching production line that will encompass new global sectors, while also affecting a myriad of previously untapped worker resources. This essay will examine what globalization intends to convey to the Australian labor market, and to what extent its expectations have been actualized. In essence, globalization is the act of making a specific entity worldwide in its scope or application. For the sake of this essay, what it refers to is the development of a more effective, efficient and inclusive means to access labor market systems in Australia. Since this is essential for advancing the nations economic development in the 21st century the objectives are clear - it is all a matter of how to implement them, however. In late July 1999 senior officials of the member economies of the Asia-Pacific Economic Cooperation (APEC) forum said in a report for the third APEC Human Resources Development Ministerial Meeting held in Washington, D.C. that the Asian financial crisis had underscored the need to integrate employment policies into macro-economic policy. Furthermore, member economies expressed their expansive agreement germane to the importance of a coordinated action focused at dealing with the lingering social economic dimensions of the Asian Financial Crisis, and the need to build ...

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