ESSAY#1

1- AN ANALYSIS OF THE CONCEPT OF GLOBALIZATION OF MARKETS

1) INTRODUCTION

The concept of globalization of markets simply means the availability of markets network spread through the entire world in different countries and brought together from these different countries into a global village by the use of information technology and transport services. Brought together, these markets fulfill human needs and maintain the flow of the streams of their life.

Global progress and prosperity is dependent on these markets. Unlimited prospects are tied with these markets. And special care is taken for the abundance of services and goods in these markets to take care of global public.

2) ANALYSIS OF THE CONTEMPORARY VIEW OF THE GLOBALIZATION OF MARKETS

2.1) Potency Of Global Markets

Global markets in trade and commerce have reshaped the view of the world because of the use of information technology and transport services - recently. Many developed countries are enjoying preveliges, quality lifestyle, and happy and economic life because of the globalization of markets. Also for the underdeveloped countries the global markets are making efforts to serve humanity and meet their needs, as well.


2.2) Shifts In Global Currency (Dollar)

The value of dollar across the world has shown always an increase. However, this dollar has seldom and temporarily seen downfall in cost as well. Because of the increase in the price of dollar, goods and services become expensive. And human needs, outside of USA, are met with deficulties. However, as time heals. So, the global marketeers has to find a collective solution for the said inflation.

2.3) Progress Review Of The Global Markets

Progress Review of the global markets per annum, after six months, after three months, and/or monthly drives global markets. Profit and deficit directly or indirectly affect the quality of human life, GDP, CPI, and other such components of the different countries.

2.4) Economic Prospects

Profit and deficit are the two major components of a business. This gives life to or take life out from the global markets.By any means future prospects are still tied with global markets and life is kept dependent on global markets. Also, this dependency is one the prominent sign of the modern universe.


3) ANALYSIS OF THE STRENGTHS IN THE GLOBALIZATION OF MARKETS

3.1) Soft Super Power

Chinese economy is dependent for a major part of it's business on abroad countries. Chinese economy is ruling the world's economic life. China has established economic ties and has signed unlimited economic projects, ( only known to china in number in privacy), abroad. Such projects from the past of China have driven Chinese economy. Which established China in a well defined form in the present. And is driving China towards it's prosperous future.

3.2) Faster Flow Of Services And Goods In Between The Global Markets

Flow of services and goods between the global markets is joining countries with each other. However, This flow is mostly common around the world. Still, many countries are on the path of progress and are developing. This progress is either bilateral or multilateral - between the countries involved.

3.3) Shifts In Stock Exchange Markets

Shifts of rise and fall of stock exchange markets on global level is a daily routine. However, to make it like a daily ritual transparent trends like existing onse are needed to be kept continuous in stock exchange , to save the world from the follow up towards downfall of stock exchange markets.

Stock exchange is not only on national levels. A major portion of the global public is taking their shares from the stock exchange markets as benefits on the global level.

3.4) Promotion Of Progress And Prosperties Per Global Market(s)

Different global markets are serving different economic purposes. Some markets provide services and goods of one type to the world while others are doing the same for other aims. Hence, different areas of life are served with such different global markets. And a massive boost is accepted from the global markets for hightening the level of progress and prosperity.


4) ANALYSIS OF WEAKNESSES IN THE GLOBALIZATION OF MARKETS


4.1) Polarized Economies

Each country in the global market is struggling to secure a personal polarized economy, benefitted from the globalization of markets. No country serve others without personal benefits. Global marketeers must do this job on humane basis. At present the world community operates on the basis of first come first deserve.

4.2) Scarcities & Inability Of Meeting Human Needs

Beside the enough success of global markets, global markets do not have sufficient access to all the countries in the entire world. If these markets facilitate goods and services to one county the other goes neglected and undergoes starving. Therefore, more and more flexibility gets required in these global markets . It is a pending job and will be accomplished soon.


4.3) A Lot Of Economic Losses

The world in the last two decades has seen many forms of devastations. These devastations adopted one form or the other. And posed great economic losses and threats to the global markets. Which punctured globalization of markets. Until the lost glory of the destroyed domestic life in these countries are restored. Global markets will be unable to change their steriotype of incompetence.

4.4) Lack Of Demand And Supply Balance

Business, trade, and commerce operate on the basis of demand and supply rule. The world is in need, and the capacity of the global markets is not that much full pledged to feed all and to cater all around the globe. Due to which the balance of demand and supply is sensitive to shifts, as well.


5) MEASURES TO ADOPT-APPLY FOR THE DEVELOPMENT OF ABOVE ANALYZED GLOBAL MARKETS

5.1) KEEPING THE VALUE OF DOLLAR FIXED

If the value of dollar is fixed internationally, inflation will be in control, there will be lesser taxes, land rate of progress will be high, lesser loans will be taken out from higher global organizations, and poverty reduction will be easy - which will make develop global markets.

5.2) SAVING GLOBAL ECONOMIES

The imposed taxes in each country around the world are saving the economies of the world community from collapse. Avoiding brain drain, increasing production, controlling inflation, conserving resources, controlling oil prices etc etc will save economies from collapse in each country worth considering such measures for adopting and applying.

5.3) ENCOURAGING MORE & MORE INVESTMENTS

Enrichment of the global markets needs more and more investments. Hence, investment must be encouraged to beat poverty, securing progress and prosperity, avoiding taxes, using manpower, bringing energy into use, utilizing energy resources, and for uplifting life standards.

5.4) INCREASING RESOURCES

Natural resources, Human resources, and Capital resources need to be promoted in the use of human benefits. These resources collectively when brought in use for the promotion of global life, will heighten the development around the world for global public.

5.5) MAKING THE GLOBAL MARKETS ACCESSIBLE


Poor global public in all have very limited access to global markets. The services and goods of these global markets are in urgent need to be available at the door step to the poor global public on economic basis, also. This endeavor will make ..... justice accessible for the poor people, global markets known, employment common, and global village successful.


6) ANALYZING FUTURE PROSPECTS CONCERNING THE CHERISHED GLOBAL MARKETS

6.1) Economic Prosperity

Economic prosperity will become the future fate of the world's public because of the cherished global markets. This Will give a sense of soundness and security to both the developed and under-developing countries and their relative governments - Which in turn will spread this prosperity among their relative public/citizens.

6.2) Poverty Alleviation ( Reduction )

Circulation of money, enriched job markets, business opportunities, attractive salaries, and other preveliges because of the connected global markets are the blessings poor people can have from the globalization of markets.

6.3) Sufficient Goods And Sufficient Services

The production of global markets in the form of sufficient goods and sufficient services for the world community is one of their major objectives. May God give an especial notice to this point. And make-keep the intended objective always met and accomplished.

6.4) Global Affiliations

New markets seek global affiliations for their services providence and goods transport. Basic condition for this success to such countries is the presence of quality and quantity in their goods and services. So, to seek a faster and a rapid affiliation with global markets, these new markets must qualify global criteria both with sufficient quality and sufficient quantity.

6.5) Sound Governance

A prosperous and a progressive "State" because of it's easy access to the assets of global markets, makes governance easy for the ruling parties in relavent countries. This success is yet another most urgent need of both the developed and underdeveloping countries. Because of the developed global markets of the world, all the countries on this earth deserve to govern their states safe and sound - to Promote peace, happiness, progress, and prosperities.

7) CONCLUSIONS

Global markets in their current existence are making limited improvements for the globe. However, if they are cherished, this destiny of limited improvements can have an immense boost for both the developed and under-developing countries.

As far as I am concerned in this conclusion, for the analysis of the concept of the globalization of markets, I will consider such an analysis completed, if the improvements, benefits, and properties of the cherished global markets are made a genuine part of the intended analysis.

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"Success is not final, failure is not fatal: it is the courage to continue that counts" Winston Churchill