Information Technology and the New Globalization

 

 

 

 

Read Richard Baldwin, The Great Convergence: Information Technology and the New Globalization, chapters
2–5 (pp. 47–176) and the three articles assigned for the lecture on From
the World Trade Organization to Regional Trade Agreements and watch the documentary film,
“Commanding Heights, The Battle for the World Economy: Episode 3, New Rules of the
Game” In a total of 2–3
Question. According to Baldwin, how is New Globalization (second unbundling) different from
Old Globalization (first unbundling)? How do international trade institutions, such as the World
Trade Organization and the Trans-Pacific Partnership, work for spreading free trade? How does
rule making of international trade change under New Globalization? Be sure to offer concrete
examples and illustrations to support your arguments wherever possible, referring to the readings
and the film. In other words, you must make and support your argument with logical explanation
and empirical evidence referring to the readings.

 

 

Sample Solution

In the 1800s, globalization leaped forward when steam power and international peace lowered the costs of moving goods across borders. This triggered a self-fueling cycle of industrial agglomeration and growth that propelled today’s rich nations to dominance. That was the Great Divergence. The new globalization is driven by information technology, which has radically reduced the cost of moving ideas across borders. This has made it practical for multinational firms to move labor-intensive work to developing nations. But to keep the whole manufacturing process in sync, the firms also shipped their marketing, managerial, and technical know-how abroad along with the offshored jobs.

Protection Act (1984, 1998) The main purpose of this Act is to protect personal data stored on computers or in an organised paper filing system. The Act applies to both manual and computerised personal files and requires transparency in the use of information and emphasises the need for privacy and access by individuals (data protection, 2018). The Data Protection Act 1984 has now been replaced by the Data Protection Act 1998.The Act applies to both manual and modernized individual records and requires straightforwardness in the use of data and underscores the requirement for security and access by people. (data protection, 2018). The Data Protection Act 1984 has now been supplanted by the Data Protection Act 1998 and its basic role of current information assurance enactment is to ensure people against conceivable abuse of data about them held by others. Under the terms of the new Act, processing of data includes any activity to do with the data involved. All staff who approach or utilise individual information like: address records, contact points of interest and additionally singular documents need to guarantee that such information isn’t revealed to any unapproved individual, on account of delicate individual information which incorporates information about: racial or ethnic details, political convictions, religious or different beliefs, exchange association participation, wellbeing, sexual orientation, criminal charges and procedures or feelings there are extra confinements and express consent will typically be required. (data protection, 2018) Under the terms of the new Act, handling of information incorporates any movement to do with the information included “and its primary purpose of current data protection legislation is to protect individuals against possible misuse of information about them held by others”. (data protection, 2018) Disability Discrimination Act (1995, 2005) Equality Act (2010) The Act was the pinnacle of public campaign to constrain the government to end state and business discrimination against disabled people,” is an important piece of legislation with the potential to protect the employment rights of people with disabilities. It covers people with physical or mental impairments that have a substantial and long-term adverse effect on their ability to carry out normal day-to-day activities”. (Boardman, 2018) The Act was amended in 2005 and made significant changes to the 1995 Act. The Disability Discrimination Act (DDA) is a civil right law who establish to make discrimination against disabled persons (people with cancer, HIV infection, multiple sclerosis, severe disfigurement or blind) sex discrimination, race relation in connection with employment or provision of goods, facilities and services or management disposal illegal, buying or renting a property,” it is unlawful to discriminate against people in respect of their disabilities in relation to employment, the provision of goods and services, education and transport”. (legislation.gov.uk, 2018) In 2010 Equality Act was establish to replaced previous anti-discrimination laws (Disability Discrimination, Race Relations, Sex Discrimination) with a single Act, and legitimately shields individuals from discriminat

This question has been answered.

Get Answer
WeCreativez WhatsApp Support
Our customer support team is here to answer your questions. Ask us anything!
👋 Hi, Welcome to Compliant Papers.