Paper on International Economics Essay Example | Topics and Well Written Essays - 1750 words

Paper on International Economics - Essay Example Protectionism, in other words, has survived globalisation and in that survival is both a testimony and concession to the fact that, beyond the globalisation-rhetoric, the state has retained its role as a significant economic player. There is no doubt that globalisation has reduced the role of the state in the economy but, there is equally no doubt that protectionism has survived globalisation and remains one of the more significant of the state's instruments for ensuring the welfare of its domestic market. Following a definition of protectionism and an examination of its pre- and post-globalisation forms and mechanisms, this paper shall argue that despite arguments to the contrary, protectionism often serves fundamental and constructive economic purposes. In general, it is possible to define protectionism as strategies used by a national economy to protect its own goods, industries and businesses from unfair competition or, in some instances, from competition per se. Often criticized by economist and free-trade proponents such as Adam Smith among others, protectionism is not only a logically valid strategy for the protection of domestic economies from such unfair economic competition as could have adverse effects upon infant industries and domestic producers and manufacturers, but it often imposes itself upon decision-makers as the only viable mechanism for the fulfilment of the aforementioned. Indeed, as important as it may be for Lesser Developing and Developing nations, protectionism is as important for Industrialised economies. As Schwartz (2000) succinctly explains, protectionism traditionally functions to protect national economies from all of the virtual destruction of domestic industries, unemployment and inflation (Schwartz, 2000). It does so through the utilisation of a wide array of strategies, ranging from implementation of prohibitions against the entry of certain imports into the domestic economy to the imposition of heavy customs, tariffs and taxes upon specified imports in order to ensure that, upon entry into the domestic market, domestic goods retain a price-competitive edge (Schwartz, 2000). Proceeding from the information presented in the preceding paragraph, it is possible to articulate a definition for protectionism. In brief, protectionism can be defined as a

From the book Complete Office Handbook Third Edition for todays office Essay

From the book Complete Office Handbook Third Edition for todays office by susan jaderstrom chapter 2 - Essay Example Career advancement is quite relative. Darrel (2010) explains that â€Å"advancement means climbing the corporate ladder until you reach the executive suite.† People wish for advancement to improve their professional standing. It is however necessary to emphasize that the level one may want to reach is relative. Career advancement is not an automatic phenomenon in the corporate world. It actually takes the application of laid down strategies. It also take procedures to attain career advancement. One needs constant professional upgrading to be able to climb higher on the corporate ladder. Jaderstrom et al (2002) note that employers are giving premium to the professional competence rather than academic competence. This is indeed in the right sense. This is because the office is a place for the exhibition of one’s professionalism. Professionals who want to better their corporate standing must upgrade themselves. Those who want to secure their careers must do same. Professional seminars, workshops and furthering of one’s education improve career advancement. Jaderstrom et al (2002) laments that some employees only want to be ‘gainers’ not ‘losers’. Such employees only look at what their jobs can offer them. They do not think of what they can offer their companies. Employees must show positive organizational belongingness. Some of these are commitment, punctuality, promptness and organizational ethics. Showing this belongingness will improve their chances of building their career advancement. Such employees will not to fumble when they eventually take higher positions. If you do not know where you are going, any road leads you there. This axiom emphasizes the need for career people to have goals. One must have a goal of where one wants to reach. This must be marked with time. This is a good way of ensuring career advancement. For example an employee must know where to be by a certain time. This way, such an employee