The future of less-developed countries in the age of globalization

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There is one question in this exam. Your answer should be around 2000 words (4 Word pages). Your answers should be clear, precise, and to the point. They should take the form of a sustained and systematic argument backed by reasoning and evidence from course readings and any other material you see useful. All your sources must be properly cited. Use a standard citation style such as that contained in the Chicago Manual of Style or the MLA Handbook or another recognized scholarly style manual.

 

Discuss, comment, and organize your thoughts on the future of less-developed countries in the age of globalization. In pursuit of your arguments, discuss “development” as a historical concept. Is “development” a specific stage of 20th century capitalism, or is it a natural phase that all nations will go through (provided they apply the “right” policies). Discuss the role of the developmental state in promoting development objectives in the next century? Has the developmental state passed away? If not, what should the new policy tools and objectives of the state be under the age of globalized commodity and capital markets?

 

Sample Solution

proficient and compelling results. John Kotter clarifies that a few powers for change are more noteworthy monetary coordination, development and log jam, innovation, and fall of communist nations and their reorientation toward industrialist economies (Palmer, 2006).

Several change management theories depict the way toward building up an arranged way to deal with the progressions occurred in an association. The principal display is John Kotter’s 8 stages, which was distributed in 1995 in the Harvard Business Review. Initially, setting up the requirement for direness alludes to performing market examination by deciding the issues and openings. The second step, guaranteeing there is a ground-breaking change gathering to direct the change can be performed by making group structures to help drive the change and ensuring the groups have adequate capacity to manage the change. Thirdly, building up a dream can be done by giving concentration to change. At that point, the vision must be conveyed by utilizing different channels to continually impart this vision. The following stage is enabling the staff by evacuating authoritative approaches and structures that restrain the accomplishment of the vision. When this is done, the association must engage the staffs which helps bolster the requirement for change and give inspiration. Merging increases is the seventh step.

Nonetheless, while the Kotter’s 8 stages plot the administration of an authoritative change, the Bridges Transition Model proposes that change won’t be fruitful if progress doesn’t happen. For this situation, progress is characterized as the consummation of something, which is the main stage. The second stage is the nonpartisan zone, which is a confounding state between the old reality and the new. Amid this stage, individuals are not prepared or agreeable to welcome the fresh starts. Much significance must be given amid this stage, on the grounds that the change may be endangered if the association chooses to rashly get away. Although, if the unbiased zone is finished effectively, numerous open doors for innovative change can be exhibited. The last stage is acknowledgment of the fresh starts and distinguishing

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