Changes Caused By Globalization In Australia

Australia is one of the richest countries in the world. It is one of the developed countries whose unemployment rate is above 5 percent. Perkins and Angley (2003) asserted that the increasing impact of globalization, combined with a change in

This inequality stems from the changes within the U.S. economic structure coupled with the changes in our government policy. At least 80% of all citizens work in a service related job. These types of jobs pay far less than the manufacturing jobs that dominated the American economy. With the present economy looking bad, most employers are laying off employees and possibly replacing them with lower paying temporary or

Globalisation is not new. Australia has been involved in trade, investment, financial flows, technology transfers and the migration of labour since its foundation as a colony. What has changed is the size, direction and influence of these transfers, especially since 1980. There are a number of factors that have aided this transformation. They include:

Inequality is a problem that has had an effect on the United States for many years. Although throughout the years the severity of inequality has fluctuated, it has increased greatly within the past two decades. There are many factors that could have influenced this increase. Some of the factors include technology and deindustrialization.

In America there are lots of jobs but many of them are "bad jobs". “Bad jobs” are typically considered those that pay low wages and do not include access to health insurance and pension benefits. About one in seven jobs in the United States is bad on these three dimensions. Nonstandard employment strongly increases workers' exposure to bad job characteristics, net of controls for workers' personal characteristics, family status, occupation, and industry. America's "bad jobs" are included in inequality because no one has tried to make new jobs or make the "bad jobs" better.

Despite the equal pay act, inequality in the workplace remains prevalent. Between 1997 and 2010 the wage gap closed by a third, however it

The phrase of globalisation is becoming very popular around the world, and it gives free movement to communicate with people regarding cultural, economic, social, technological, political, educational and businesses. In the modern society globalisation has impacted on many human lives, which started in the western countries in (1492), according to Kevin H. O'Rourke, Jeffrey G. Williamson, and then it expanded all over the world. The word of globalisation can describe many different aspects such as globalisation of nothing, the making of the global society and the globalisation of wealthy and poor. According to Robert Shuey in (2001), ‘’globalisation is widely and somewhat loosely used a term, intended to describe the recent and rapid process of international, economic, social, and political integration’’. The idea of his words that globalisation is giving an opportunity to people, so they can travel, invest internationally, and communicate this can help many businesses people especially in Australia to invest more widely and internationally. Globalisation has impacted on Australian society in all terms of life, for instance, it has an enormous impact on health and education system, on technology, and on the Australian economy. But one of the categories is increasing so widely among Australian people who affect many young people’s lives is the impact of racism on the health and wellbeing of young Australians. The word racism is the very phenomenon aspect in the Australian society, especially between young people. On the very high percentage of many young Australians are experiencing racism between the nation, most of these racists are because of skin colour, cultural beliefs, different traditions from different countries, speaking another language and gender. Racism plays a significant role in the society, and many people are aware of this because when they face radical discrimination from any individual, they feel angry and frustrated, and sometimes they feel of not belonging to the local community.

The OECD says that since the mid- 1990s more than half of all jobs created in the member states has been in non-standard work. According to the members, households that depend on such work have higher poverty rate than other household and that this has led to greater inequality. In 34 states is says that 10% of the population earn 9.6 times the income of the poorest 10%. Some believe it’s because of the wide gap in education. It is happening in the most unequal countries, which leads to leads effective workforce. There is no difference in inequality but some studies showed that it slowed down during the financial crisis and now it is growing again.

The changing nature of the policies introduced by the Australian Governments towards the Aboriginal Community greatly affected them in many ways. One of the darkest chapters of Australian history was the forced removal of Aboriginal children from their families. This is now known as 'The Stolen Generation '. Between 1910-1970, many Indigenous children were forcibly removed from their families as a result of various government policies. In removing their children, white people stole Aboriginal people’s future. The children 's language, tradition, knowledge, dances and spirituality were all stolen from them as there was no one to teach them about their cultural background. In corrupting the chances of gaining their cultural heritage, white

The effects of Globalisation on Australia can be disseminated into a number of different categories. For the purposes of this report five major categories including Economic, Social, Cultural, Environmental and Political have been explored and summarised but is by no means exhaustive.

Globalisation is the interaction among people and the exchange of goods between different nations. The economies of countries grow and become interconnected (Globalisation 101, n.d.). The Criterion group had a lot of success with trade overseas. Managers need to make sure they do research of the country they wish to enter, for example, being aware of other cultures and religion, which could effect how they work. Hofstede’s 5 dimensions include Power distance, Individualism vs. Collectivism, Masculinity vs. Femininity, Uncertainty Avoidance and Long term vs. Short term. Power distance, although not a huge concern in New Zealand due to our open door policy, this is not the case in other countries such as Singapore, where lower members of society accept they will not be treated equally. Criterion put a lot of effort into making their worker feel appreciated and try to

In 2006, it was reported that the gender pay gap in the UK is one of the highest in Europe: women who work full-time earned 17% less per hour than men and women working part-time earned 39% less per hour than men working full-time. (Office of National Statistics, 2008). However, women’s place in society and in employment has improved greatly since the Equal Pay Act of 1970. Over the years, there has been an

The process of globalisation has been the catalyst for increased global interconnections. (Costello, 2004). Global interconnections are linked to developments in transport, communications technologies along with the increased influence of large regions of the globe. These changes are also responsible for the breaking down of national borders and the creations of a virtual business globe. The enhancement of business opportunities in social globalisation in Australia has benefited the creation of jobs and employment.

The ever changing industrial needs can be the reason of globalisation, the change in needs of people, the change of thoughts about going from the short term benefits rather than the long term benefits are few of the many reason the way business has transformed. But the industrial relation and human resource are the two major components of the business which has not changed much. Industries sure are dependent on the customer, but they are also dependent of their work force and employees. There is always a need to perform coordination between the industrial needs ad employee needs thus many organisation and countries have brought in changes to their system and they have revamped the employment relations according to the changes. The

Diversification and globalization are important to the wellbeing and financial stability of any country. These traits are valuable to both individual and group strengths. Understanding these modules can affect the way people or corporations manage their business affairs. To understand the importance of both diversification and globalization we must first understand their individual importance. Let’s first look at diversification.