This article discussed about the impact of irregular political transactions over the process of global integration and competitive market prices of goods and services. For developing countries that are desperate to improve its economic and industrial development, the government…
Malaysia is a country that competes with other countries like the Philippines and Singapore in terms of grabbing more foreign semiconductor projects. For the Malaysia to be able to win semiconductors contracts, Malaysian government is challenged not only to improve the technical know-how of the Malays in terms of manufacturing high-quality semiconductors but also provide the foreign investors with special government protection that could make the business and political environment attractive to foreign investors (Greider, p. 162). Since Malaysia needs to increase technology transfer, Malaysia government protects and makes the export of semi-conductors attractive by offering the semiconductor industry with lengthy holidays from paying taxes, strictly prohibits the formation of independent unions, and maintaining low employee wages (Greider, pp. 164 – 165). This strategy will encourage technology transfer by inviting more foreign investors with more sophisticated technologies to invest in Malaysia.
I strongly agree that the use of good government intervention could enable each country to remain competitive in the global markets. By attracting more foreign investors, the socio-economic problems such as the high unemployment rate in developed and developing countries can be easily solved.
“The Case for Contamination” is an article that focused on discussing the potential impact of globalization over the culture and beliefs of the Ghanaians. Because of globalization and improvements in communication technology, it is so much easier for a person to travel to other countries and adapt the culture of another nation. In line with this, the president of Ghana has travelled to different places including Oxford University in the United States and London in the United Kingdom where he became one of the Inns of Court (Appaih a).
Promoting the importance of cultural diversity between developed and ...
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