Globalization And Industries Of Australia
...distribution, and marketing of goods and services. In a broader sense, it refers to the expansion of global linkages, the organization of social life on a global scale, and the growth of a global consciousness, hence to the consolidation of the world society. It is a complex economic, political, cultural, and geographical process in which the mobility of capital, organizations, ideas and peoples has taken on an increasingly global or transnational form. (Wiseman., 2000 ).
As said by Di Filippo globalization cannot exist in a vacuum. There are benefits as well as consequences of globalization. Globalization has largely affected the Australian economy and the business enterprises both positively and negatively. For example, during the last ten years, Australian universities have become progressively more "international" in focus, scope and strategy. The number of international students studying in Australia has risen to record levels, student and faculty exchanges have become more important activities for Australian institutions, and international activities of an entrepreneurial nature have assumed a significance far beyond that which could have been predicted a decade ago.(Graham Pratt, 1999)
But the effect of globalization on the business enterprises of Australia was not the same. For agriculture, globalization supposedly results in producers trading in an unregulated market-place. Since the 1980’s tariffs have been progressively removed from Australian agriculture produce leaving farmers virtually unprotected in the world market. For Australian farmers with internationally competitive product this is a major blow to their globalizing ambition and further highlights the gap between the rhetoric and reality of globalization.(Alston, 2004)
This is a very important issue for the Australian government and its people to know about the impacts of globalization on...
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