scholarly journals Challenges of Globalization: How Bangladesh Can Adapt Itself to Reap the Best Benefits in the 21st Century

1970 ◽  
Vol 3 ◽  
Author(s):  
Sharif Md Abul Hussain

The study investigates specific information regarding the challenges of globalization faced by Bangladesh and how it should prepare itself to coup with the challenges. The result suggest that Bangladesh is not in comfort in coping with the winds of globalization, as it has less access to and use of different opportunities living at the margin in the hierarchies of global order with low technological base, poor infrastructures and governance in most arenas. The study also suggest that Bangladesh needs to be engaged with all its development partners in a healthy and constructive process of interaction on stabilization, reform programme and other critical issues like national capacity building, competitiveness, political stability, cross border terrorism, arms and drug trafficking, climate change and environmental degradation. The policy implication is that various economic policy orientation and utilization of resources should be as such that they can supplement economic growth in a sustainable manner and create avenues for employment. KEY WORDS: Benefit; Environment; Globalization; Governance; Infrastructure; Poverty; Population; Policy; Political stability; Resource DOI: http://dx.doi.org/10.3329/mist.v3i0.8052

The issue of political pluralism in our societies is considered one of the critical issues in contemporary political construction, and it has influential implications in the political arena, and its study in the legal policy has become important to control Islamic political action. The results came to confirm that pluralism in Islamic thought has its roots since the first century of the state in Islam And it has two views: The first: Pluralism in political views, which is an award and even a duty within the parameters of enjoining good and forbidding evil and advice. The second: Pluralism in the formation of Islamic political parties, as the principle is that there is no permissibility, and it is resorted to only in the interest of a general and achieved reality that leads to achieving peaceful coexistence and political stability. Keywords: Legitimate politics - political pluralism - Islamic parties - Islamic political thought - political opinions - political systems _________________________________________________ تعد قضية التعددية السياسية في مجتمعاتنا من القضايا المفصلية في البناء السياسي المعاصر ولها تداعيات مؤثرة في الساحة السياسية ، ودراستها في ضوء السياسة الشرعية بات مهما لضبط العمل السياسي الاسلامي . وجاءت النتائج لتؤكد ان للتعددية في الفكر الاسلامي جذورها منذ القرن الاول للدولة في الاسلام ولها صورتان : الاولى : تعددية في الاراء السياسية وهي جائزة بل واجبة ضمن ضوابط الامر بالمعروف والنهي عن المنكر والنصيحة. والثانية : التعددية في تشكيل الاحزاب السياسية الاسلامية فالاصل فيها عدم الجواز ولا يلجأ اليها الا لمصلحة حقيقة عامة متحققة تؤدي الى تحقيق التعايش السلمي والاستقرار السياسي. الكلمات المفتاحية: السياسة الشرعية- التعددية السياسية- الاحزاب الاسلامية - الفكر السياسي الاسلامي- الاراء السياسية- النظم السياسية.


2013 ◽  
Vol 10 (1) ◽  
pp. 99-106
Author(s):  
Malefa Rose Malefane

Over the past decade, Lesotho has recorded a substantial increase in levels of foreign direct investment (FDI) inflow, part of it prompted by trade privileges. Building on the extant literature, this study provides an empirical analysis of determinants of FDI in Lesotho. The study looks at how macroeconomic stability, regulatory frameworks, political stability and market size affect FDI.  The evidence from this study shows that some of the foreign enterprises in Lesotho are there to serve a bigger South African market. Also, the country has benefited from a more export-oriented investment promotion strategy. Critical issues however remain that must be addressed if the country is to attract more FDI and retain existing investors .These issues pertain to bureaucratic red-tape, corruption and political instability.


2020 ◽  
Vol 12 (3) ◽  
pp. 770
Author(s):  
Álvaro Alonso ◽  
Alejandro Pozo ◽  
Aldo Gordillo ◽  
Sonsoles López-Pernas ◽  
Andrés Munoz-Arcentales ◽  
...  

The European electronic IDentification, Authentication and trust Services (eIDAS) regulation makes available a solution to ensure the cross-border mutual recognition of electronic IDentification (eID) mechanisms among Member States. However, the basic set of attributes currently provided by each country only contains citizens’ personal and legal attributes, preventing e-services to take full advantage of citizens’ domain-specific information, such as academic or medical data. In this article, we propose an extension of the eIDAS specification to support academic attributes as part of citizens’ profiles. In addition, we present an architecture to enable the connection of eIDAS nodes to national attribute providers to enrich citizens’ profiles with additional academic attributes. We have deployed the eIDAS extension in the specific case of the Spanish eIDAS infrastructure, and we have connected it to an attribute provider of the Technical University of Madrid (UPM). We have also improved a set of institutional services of that university by enabling the connection to eIDAS and enhancing the features offered to students based on their academic profiles retrieved from the eIDAS extended infrastructure. Finally, we have evaluated the resulting services thanks to real students from two different countries, concluding that the widespread adoption of the proposed solution in the academic services of European universities will greatly improve their quality and usability.


Significance Essid has been working to form a new coalition government since general elections in late December. The new unity government will face tremendous pressure to jumpstart the economy, ensure political stability, and counter growing security threats. One major challenge -- cross-border smuggling -- poses a particularly serious threat to the new government. Smuggling costs the government some 615 million dollars per year, representing nearly 5% of total tax revenues, and undermines legitimate trade, further damaging growth. Impacts If the government fails to address smuggling, it will continue to lose critical revenue. Yet cracking down on smuggling will probably meet with considerable opposition -- particularly in rural areas and border towns. The new government's lack of a decisive mandate will impede reforms.


Author(s):  
Zheng Liu ◽  
Lei Ma

Internationalization and inter-firm collaboration is a business trend today. Meanwhile, cultural values and managerial practices vary from country to country which makes cross-border management more challenging than the traditional in-house business model. A trusting relationship is essential to business success, yet details of how to build-up and maintain trust are unclear. This paper investigates trust development in cross-border collaboration. The literature review has covered key trust theories and its linkage with culture. To further understand the critical issues in of trust, two in-depth case studies are conducted from the Chinese animation game industry. It is found that in order to achieve long-term business collaboration, companies need to be continuously responsive and adapt their trust models. Based on the case analysis, a general model and a practical model are developed for further testing. Other research topics to further link trust with sustainability are also proposed at the end of the chapter.


2012 ◽  
Vol 1 (3) ◽  
pp. 455-484 ◽  
Author(s):  
ERIC BROUSSEAU ◽  
JEROME SGARD ◽  
YVES SCHEMEIL

AbstractPolitical and economic rights are envisaged as the outcome of an ongoing bargain between citizens and their rulers. Over the long run, this constitutive process shapes the development of both the economy and the state. Globalization, however, corresponds to a period where both the market and civil society extend far beyond the borders of the initial political compact. Hence, citizens may not only ask that cross-border transactions be made easier; they may also challenge the institutional cohesion and integrity of the classical, Westphalian state, i.e., its legal and judicial order, and its bureaucratic capabilities. We are proposing a schematic description of how this political process may gradually exit the national perimeter and deliver four possible models of international or global governance, depending upon the potential structuring of coalitions between the potential winners of the globalization both in the elite and in society, and the losers; national games being ultimately arbitrated by the international competition among elites, but also by the possible formation of global coalitions of citizens and merchants.


2020 ◽  
Vol 13 (3) ◽  
pp. 56 ◽  
Author(s):  
Mafalda Venâncio de Vasconcelos

In this paper, we use a rich dataset of several countries to analyze how sound political measures affect cross-border bank flows. Furthermore, our work is the first to comprehensively examine various components of political stability on the aforementioned subject using a larger sample than previous studies, and covering the period 1984–2013. Our paper will inform policy makers which particular aspects of political stability have a significant effect on cross-border bank flows and provide an outline on the favorable long term political and institutional development to increase such flows. We find that sound political measures—and therefore, higher political stability—increase cross-border bank flows, especially in advanced economies. Moreover, we find that in advanced economies, the political stability components; socioeconomic conditions, investment profile, corruption within the political system, religious tensions, ethnic tensions, and bureaucracy quality have a positive and close association with such bank flows. In our work, we also find that policies aiming to increase political stability have a stronger impact after the financial crisis of 2008, namely with regard to policies that affect socioeconomic conditions, investment profile, corruption within the political system and religious tensions.


Focaal ◽  
2019 ◽  
Vol 2019 (85) ◽  
pp. 15-25 ◽  
Author(s):  
Henrik Vigh

This article looks ethnographically at the cocaine trade in and through Bissau, Guinea-Bissau. It clarifies some of the less obvious aspects of illegal cross-border trade and ties the minor flow of drugs, often trafficked by the desperate and disenfranchised, to larger global dynamics. While international media and commentators alike frequently depict transnational organized crime as a pathogen attacking the healthy global order, a closer look at the Bissau cocaine trade clarifies that the trade is neither external nor parasitical but integral to it. The trade’s grasp of Bissau is anchored in enduring critical circumstance, stretching from the social to the political, and displays several ironic feedback loops and interdependencies linking misfortune in time and space. The article thus shows how negative conditions may travel and circulate in a manner that ramifies vulnerability across economic and political borders.


Author(s):  
Masitah Afandi ◽  
Mohd Rafi Yaacob

Cross Border Entrepreneurship (CBE) contributes to regional economic development through international opportunities recognition and exploitation. This study tends to explore and review the CBE literature to find the gaps by systematically investigating the existing literature guide by PRISMA (Preferred Reporting Items for Systematic Reviews and Meta-Analysis) statement. This study emphasis on the country’s classification, perspective area, methods of study, as well as underpinning theories. It reveals 32 relevant research topics of the literature of CBE and highlights four main gaps. First, previous studies of CBE are yet to explore extensively in transition and developing countries. Second, areas of study lack focus on the process of identifying critical issues of CBE. Third, qualitative strategies which enable the specification of new output findings of the CBE are yet explored. Lastly, experiential learning theory, agency theory, financial theory, cash flow theory, locational condition theory, behavioural internationalization process theory, entrepreneurial opportunities theory, and human capital theory yet be utilized and diversified to develop a new understanding of a variety of challenging phenomena in the CBE studies.


2020 ◽  
Author(s):  
Momchil Antov

Given the widespread development of information technology in business and government, it is increasingly logical to introduce electronic documents that partially or completely replace paper ones. In the EU Member States, the digitalisation of customs controls is at one of the best levels in the world, but there are still areas where paperwork is the only way to process specific information on cross-border trade in goods. As such an area, the information in the transport documents for the carriage of goods by road, known as CMR waybills, may be indicated. In this report, we will try to look at the trends in Europe regarding the application of electronic CMR (e-CMR) and the importance of this process for the customs control system. The information on each transport operation is of great importance to the customs and is a key component of their risk analysis to detect illegal cross-border movements of goods. By its nature, the movement of goods is a risk area because the possibilities for control by the customs authorities are very limited. Therefore, opportunities should be sought here for the introduction of effective measures to ensure the proper application of customs control functions. The linking of information from electronic consignment notes to customs information systems can be seen as a measure that would significantly contribute to the overall digitalisation of customs control.


Sign in / Sign up

Export Citation Format

Share Document