Essay - Americanization of the Global Economy Introduction 1. the Spread of...

Americanization of the global economy

Introduction

1. The Spread of American Economic and Political Conception

***** early history ***** American corporations

Overseas Expansion by the U.S. Companies

2. Global Corporate Governance Systems

The 'Insider' and 'Outsider' Models of Corporate Governance

International adaptation of ***** Business Practices

3. ***** Impacts and Effects of Americanization on National Culture

3.1. Summary ***** Economic gains and losses from Globalization

Promotion of American culture as the ally to US corporations' inv*****ion..17

Conclusion

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Introduction

As the World Bank states: "Globalization - the growing integration of economies ***** societies around the world ***** has been one of the most hotly-debated topics in *****ternational economics over ***** past few years. Rapid growth and poverty reduction in China, India, and other countries that were poor 20 years ago, ***** been a positive aspect of *****ization. But globalization has also generated significant international opposition over concerns that it has increased inequality and environmental degradation." Globalization is viewed not as the final stage ***** human progress, but rather ***** an ideology "imposed on the ***** ***** transnational corporations and ********** fellows in g*****nments and universities. These forces have elevated theories about market *****, free trade, consumer choice and economic 'efficiency' to the level of a religion - *****deed, to ***** level of scientific fact, akin to the laws ***** physics - because it boosts their profits ***** expands their political control." The main globalization directions are promoting free trade which would lead ***** the liberalization of *****s and their efficient functioning due to the competitive advantages, liberalization of foreign direct investments to increase the flow ***** capitals ***** ***** developing ***** from the international financial markets, *****ing of non-foreign direct investments cash flows by providing more transparent business environment for local investors, macroeconomic adjustments to promote fast economic growth and all this is assumed to ***** to sustainable human development. Nevertheless, careful estimations of the ***** ***** its' impacts on humanity reveal some threatening trends which will be discussed in the thesis work.

*****. ***** Spread ***** American ***** and ***** Conception.

1.1. The early ***** of ***** *****.

In the early nineteenth century, the term "Americanization" referred to the movement where immigrants ***** developed into Americans. ***** during ***** time the definition ***** altered ***** now ***** Americanization refers not only to adopting American immigrants to the American way of life, but promoting *****A culture and values throughout the glo***** and creating pressure among societies to become like the United States, both democratic ***** capitalistic. Big Macs are ordered throughout 100 countries in more than 300,000 restaurants, Indian kids grow up with the idea that brushing teeth with Colgate is the best choice they could ever make, ***** Sweden to Bangladesh and from Japan to Russia people *****date their Windows 98 and the slogan 'Always Coca Cola' is known much better ***** ***** national hymns. Some argue that equivalence mark can be put between globalization and Ameri*****ization because ***** the major part American corporations are dominating the world now.