International Economics

AuthorDetailsThe culmination of the Line : A Book ReportThe world is shrinking fast its people becoming more and more aw are(p) of the interconnectivity of their existence . Gone were the days of conquering and erecting boundaries roughly one s territory , re berthd by movements towards a virtually boundary-free planetary community . Once countries kept to themselves and formulated barriers to gain the utmost ground , now , those nations that persist on this practice are predicted to be surely headed towards the losing sideFreedom and interdependence : these two go impart in hand and are demanded for the age of increasing world(prenominal)isation . Some praise it while some fear it debates - whether perfunctory or informal , oral or in theme , publicized or not - are going on even as this is being writtenIn this type of environment , a new breed of concern surfaced , what Lynn (2006 ) - in his well-publicized work , The End of the Line : the Rise and the Coming Fall of the Global Corporations - called the `global corporations . This new breed , which surfaced during the late 20th century and is increasingly replacing the hoar dogs that have once profited in the old system , and its way of doing commercial enterprise , is where Lynn worries primarily lieLynn s main fuss with global corporations is their inherent fragility brought about by their lordless hyper specialization and just-in-time production and delivery . He believes that the global corporations place the people of the world into a position that is prone to participation , social disruption , and economic collapse (www .sfgate .com , and its way of doing business is worrisome in the sense that any glitch occurring in other parts of the world (such as the killer earthquake in Taiwan ) is echoed through its repercussions in the American economyThe position quo according to Lynn : global corporations are admittedly the most cost-efficient beings to date .

Employing advanced logistics single-sourcing (receiving parts from a single provider ) was made possible and this , coupled with just-in-time delivery , had considerably thinned inventories , not to mention insurance and security costsIndeed efficiency is the of business for these global corporations . However , it in this efficiency that dangers lurk , as with less physical plants and employees to be had in these companies , their focus shifted absent from promoting long-term productivity to attainment of short-term profit and high share price - the global corporations became more of system-squeezers rather than system-builders . too , these companies also put tremendous pressure on the suppliers and the presidential term of a certain nation to charge them with lower excitant prices and lower tax breaks lest they transfer their investments out of that nation to some other . The global corporations search for greater efficiency practically pushes that corresponding goal into the throats of the productive networkAnd while some will not find a problem in this and may , in fact , even applaud and support this domino fix created by efficiency-seeking global corporations , Lynn pointed out the danger that most of its supporters cast off : that in pushing efficiency down the network s throat...If you hope to get a full essay, order it on our website: Ordercustompaper.com

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