George Simmel s The Stranger - 992 Words

George Simmel’s, ‘The Stranger’ and W.E.B. Du Bois’, ‘Souls of Black Folk’ pose very parallel arguments in understanding the role of a ‘stranger’ in society. In Simmel’s work, he examines the trajectory of the stranger through an abstract lens. He establishes a conceptual framework for the ‘stranger’ within society while Du Bois presents a more tangible illustration through the experiences of African Americans in the United States. Although each approach is discrete from the other, the theories behind both arguments are comparable. In ‘The Stranger,’ George Simmel first explains who the actual stranger is away from standard definition. Spatial relations within society consist of three types: the wanderer, the outsider and the stranger. The wanderer is one who enters society one day and leaves the next and the outsider has no direct relation to the society in which they enter. However, the stranger i s unique from both the outsider and the wanderer because they actually join and remain in the society while developing a relationship to it and position within it. When referencing the stranger Simmel states, â€Å"†¦the man who comes today and stays tomorrow.† Although the stranger is now a part of society, he is never fully integrated. Despite being connected to this new space, the stranger remains alienated because of her differences. He participates within the larger society, but is still detached from it because the more dominant group marginalizes him. She plays a pivotalShow MoreRelatedDouble Consciousness and the Stranger Essay1565 Words   |  7 PagesThroughout history, Georg Simmel and W.E.B. Du Bois have had a significant influence on important theories and ideas developed in the Social Sciences. Perhaps two of the most relevant and well-known concepts developed by both of these theorists are the concepts of â€Å"double consciousness† and â€Å"the stranger†. In this paper I will be analyzing both of these pieces of work to draw upon differences and similarities between the two. The similarities I will be elaborating on are the usage of the paradoxicalRead MoreSymbolic Interactionism George Simmel Jacqueline Low10230 Words   |  41 PagesStructure, Agency, and Social Reality in Blumerian Symbolic Interactionism: The Influence of Georg Simmel Author(s): Jacqueline Low Source: Symbolic Interaction, Vol. 31, No. 3 (Summer 2008), pp. 325-343 Published by: Wiley on behalf of the Society for the Study of Symbolic Interaction Stable URL: http://www.jstor.org/stable/10.1525/si.2008.31.3.325 . Accessed: 31/03/2015 20:24 Your use of the JSTOR archive indicates your acceptance of the Terms Conditions of Use, available at . http://www.jstorRead MoreFashion As A Social Process Essay2186 Words   |  9 Pagesproducing distinction to reflect on two fashion movements that include the introduction of women wearing pants within the society, which could also be connected to the second fashion movement that is women’s fashion during the suffragette movement. George Simmel thinks of fashion not just as a single realm of social life, but rather as a general occurrence of all societies that are modern in nature. He terms this as a social horizon where the interests of individuals come up together collectively (1971Read MoreJohn Mead s Mind, Self, And Society Essay1679 Words   |  7 Pagesaccepting the religion, however this is the way in which your â€Å"self† is developed. Mead s idea of â€Å"taking the attitude of the other† is a concept that comes forth during social interactions. According to the textbook, Mead thinks of the mind as a â€Å"behavioral process that entails a ‘conversation of significant gestures’† (pg. 292). This means that the mind makes decisions on how to act through another person s actions during a social interaction. For example, you are at school and another studentRead MoreMetropolis And Mental Life By Georg Simmel2554 Words   |  11 Pagesthe society and culture we are accustomed to. Because culture is difficult to define, and there is not one set definition, we look to social theorists and thinkers to see the way in which our society is formed. â€Å"Metropolis and Mental Life† by Georg Simmel addressed different aspects of social urban life during the 19th century. He talked about some aspects of modern urban culture during this time. The writing discusses the position of an individual in a big city of urban life and ways in which peopleRead MoreStri Bhrun Hatya Essay in Marathi4841 Words   |  20 PagesvgwtkHkkjrh; lekt] jkor ifCyds’ku] t;iwj] 200224- eukstdqekj flag Hkkjr esa lkekftd ifjorZu] vtqZu ifCyf’kax gkÃ…l] ubZ fnYyh] 200525- ‘;kekpj.k nqcs Hkkjrh; lekt  ¼vuq-izdk’k ns’kikaMs ½] uW’kuy cqd V ªLV] bafM;k 1994- 9 26- xksfoan xkjs] f’k#HkkÃ… fye;segkjk†V ªkrhy nfyr ‘kks/k vkf.k cks/k] lgk/;;u izdk’ku] eqacbZ] 197327- gseyrk jkbZjdjvLi`’;rk vkf.k dk;nk] bafM;u lsD;qyj lkslk;Vh] iq.ks 197828- xq#ukFk ukMxksaMs Hkkjrh; vkfnoklh] dkWfUVusUVy izdk’ku] fot;kuxj] iq.ks29- ufyuh iaMhrtkfrokn vkf.kRead MoreGlobalization and It Effects on Cultural Integration: the Case of the Czech Republic.27217 Words   |  109 Pagesthe US but also to the world at large. This is because if left to fall on earth, the catastrophe could have been worldwide, affecting both man, animals and the environment. 1.6 McDonaldization The term McDonaldization was first coined by Ritzer George in his text â€Å"the McDonaldization of Society†. Cited in Taylor Stephen and Lyon Phil (1995), he defines McDonaldization as the process by which the principles of the fast-food restaurant are coming to dominate more and more sectors of American societyRead MoreDeveloping Management Skills404131 Words   |  1617 Pagesbuilt-in pretests and posttests, focus on what you need to learn and to review in order to succeed. Visit www.mymanagementlab.com to learn more. DEVELOPING MANAGEMENT SKILLS EIGHTH EDITION David A. Whetten BRIGHAM YOUNG UNIVERSITY Kim S. Cameron UNIVERSITY OF MICHIGAN Prentice Hall Boston Columbus Indianapolis New York San Francisco Upper Saddle River Amsterdam Cape Town Dubai London Madrid Milan Munich Paris Montreal Toronto Delhi Mexico City Sao Paulo Sydney Hong Kong Seoul SingaporeRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 PagesStrikwerda, â€Å"Tides of Migration, Currents of History: The State, Economy, and the Transatlantic Movement of Labor in the Nineteenth and Twentieth Centuries,† International Review of Social History 44 (1999): 367–394. 20. See Jose C. Moya, Cousins and Strangers: Spanish Immigrants in Buenos Aires, 1850–1930 (Berkeley: University of California Press, 1998) for an effort to fuse these global and local perspectives on migration and adaptation. 21. Imre Ferenczi and Walter Willcox, eds., International MigrationsRead MoreOrganisational Theory230255 Words   |  922 Pagesmanaging, organizing and reflecting on both formal and informal structures, and in this respect you will find this book timely, interesting and valuable. Peter Holdt Christensen, Associate Professor, Copenhagen Business School, Denmark McAuley et al.’s book is thought-provoking, witty and highly relevant for understanding contemporary organizational dilemmas. The book engages in an imaginative way with a wealth of organizational concepts and theories as well as provides insightful examples from the

Final take home assignment - 1967 Words

2014 Final Take-home Assignment Please read the following hypothetical scenario and the follow the instructions below. Scenario TideeKleen Waste Management Inc. has been regarded as a leader in corporate citizenship within the Canadian commercial waste recycling and disposal sector, with a strong reputation for social and environmental responsibility. The company’s workers are unionized, well-paid, and enjoy a generous health benefits package and defined-benefit pension plan. Unfortunately, TideeKleen has been in a financial and reputational slump of late, and its stock price has been sagging. TideeKleen operates several facilities for sorting and processing solid waste (some of which, such as fluorescent tubes and electronic devices,†¦show more content†¦The company would continue to meet its pension, environmental remediation and other obligations. GSG issued an ultimatum to the TideeKleen board of directors. If the Board does not adopt either of Options A or B, Goode will seek to have the directors replaced by his own nominees at the next Annual General Meeting of shareholders. In the alternative, he might seek to acquire a controlling interest in the company, take it private, and impose option A. Halo Fund, the other major institutional investor, has not made its position known. It is rumoured to be leaning to Option C, but some analysts suspect it might actually be happy with Option A. If Option A goes ahead, Halo would dump its TideeKleen shares and keep NewKlean, since NewKleen would both boost Halo’s returns and pass its sustainability and social responsibility screens with flying colours. You have been retained by the Board of TideeKleen as a business ethics and CSR consultant. You have been hired to advise the firm, from an impartial ethical perspective, on how it should respond to the situation set out above. You are to prepare a report to the Board, which will also be circulated to the shareholders in advance of the AGM. Instructions: Your task as a CSR consultant is to advise the board on what is the most ethical and socially responsible course of action, and to explain, on the basis of ethical criteria, why your recommended course is superior to the alternatives. Omit from yourShow MoreRelatedHigh School Vs College Essay987 Words   |  4 Pageschallenging time, but also a great milestone in one’s life. There are several differences between the lives of high school and college students. Some individuals will be able to jump right in and adjust to this change seamlessly, while others may take years to adapt, or never even grab hold of the whole college experience at all. High school and College are both educational grounds for a student to grow and enrich their lives with knowledge. Both are like puzzle pieces: on one side they fit togetherRead MoreIntrinsic vs Extrinsic Motivation Essay992 Words   |  4 Pagesapproval. Motivation can be intrinsic or extrinsic. Intrinsic motivation is an individua l motivation to accomplish a goal because they want it. Extrinsic motivation is an individual wanting to be rewarded for doing it. Motivation is used at work, home and school. Motivation is a close concept of Internal and External validation. Internal is the ability to feel good about the efforts toward a goal and external is a need for a person to seek approval from some other person. (Monica A Frank pg5)Read MoreHuman Rights and International Cooperation Development1520 Words   |  7 Pagesguest lectures might be delivered in Spanish and/or videos can be viewed in Spanish language -the amount of which is still to be determined- and certain assignments will require understanding the Spanish written language. If you have difficulties use dictionaries, ask your classmates or ask me. Method of Evaluation Theoretical: 50% * Final Exam: 25% * Midterm exam: 10% * Quizzes: 15 % Not every quiz will be previously announced as they are considered a â€Å"predictable† part of theRead MoreHuman Rights and International Cooperation Development1507 Words   |  7 PagesSome guest lectures might be delivered in Spanish and/or videos can be viewed in Spanish language -the amount of which is still to be determined- and certain assignments will require understanding the Spanish written language. If you have difficulties use dictionaries, ask your classmates or ask me. Method of Evaluation Theoretical: 50% * Final Exam: 25% * Midterm exam: 10% * Quizzes: 15 % Not every quiz will be previously announced as they are considered a â€Å"predictable† part of the courseRead Moreuna‚Äà ²ÃƒÅ Ãƒ ²ÃƒËœ1561 Words   |  7 Pagessuch as the Oxford Canadian Dictionary A good quality thesaurus (optional but strongly recommended) A folder/portfolio to keep all work throughout the semester Grading/Assignments â€Å"Pop† Reading Quizzes or Group Work 10% Citation Assignment 5% Essay 1 10% Essay 2 15% Essay 3 20% Research Assignment 15% Exam 25% Note: Use of internet, cell phones and other electronic devices is not permitted during in-class writing or exams. The term work for coursesRead MoreWhy Do Many Mncs Continue to Recruit Internally from the Home Country Instead of the Local Labour Market When Seeking to Hire Managerial Staff for Overseas Subsidiaries? What Are the Limitations of This Approach and How1533 Words   |  7 PagesQ4. Why do many MNCs continue to recruit internally from the home country instead of the local labour market when seeking to hire managerial staff for overseas subsidiaries? What are the limitations of this approach and how should management respond? Abstract A selection of perceived and valid reasons encourage Multi National companies (MNCs) to recruit Parent country nationals (PCNs) for managerial positions at overseas subsidiaries rather than employing Host or Third Country Nationals (HCN/TCNs)Read MoreWhat Are The Child s Strengths?866 Words   |  4 Pageswith cleaning up without being asked. A final social strength demonstrated by Cassandra was her interpersonal skills. While working with three other students, I witness Cassandra share materials and ideas without conflict. From my previous experience working with elementary students, I understand that children in Cassandra’s age have a difficult time working with peers. Cassandra, I found, worked well with other students. In one instance she shared her Lego home with those of another classmate at theRead MoreProject Report On Website Software1566 Words   |  7 PagesWebsite software (ITQ) (2015-2016) Unit Ref No Assignment Title Prog No Unit 228 Website Software Learner Name:____________________________________________________ Learner Reg. No:_______________________ (This sheet must appear at the front of your submission) Verifier’s Name date Internally Verified Issue Date: Due Date: Learners feedback This assignment covers the following criteria: P1.1 P1.2 P1Read MoreThe Basic Foundation For My Life914 Words   |  4 PagesSequence: I use sequence first, a lot. It is the basic foundation for how I run my entire life. When a task is assigned to me, whether it be at work or home, I first think organization. I think; where should I start, what will I do once I complete that, and what is the ultimate goal. 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The Upsides by The Wonder Years free essay sample

You probably haven’t heard of The Wonder Years, and until a few weeks ago, neither had I. The Wonder Years are a six piece pop punk band out of Philadelphia, and while they’ve yet to actually hit the mainstream, I was blown away by their second record, The Upsides. Frontman Dan â€Å"Soupy† Campbell takes listeners on a fast paced, up beat day in his life, and he holds nothing back. By the time the twelve track, forty minute record is over, you’ll find yourself itching to give it another spin. The album opener, My Last Semester, opens with Soupy reciting the band’s current mantra – â€Å"I’m not sad anymore†. The punk-infused lyrics tell the story of making a largely unpopular change in one’s life – dropping out of school and running away from the juvenile melodrama and mainstream lifestyle. With humorously specific lines addressing everything from â€Å"mall rat goth [kids]† to â€Å"fake tan girls†, Soupy picks apart every school clique before declaring in a high energy chorus that he simply doesn’t fit in with anyone but his closest friends. The second track, Logan Circle, is simply a stand out track and an excellent example of The Wonder Year’s versatility. The next step on Soupy’s search for happiness depicts an epiphany that allowed him to escape the clutches of crippling depression, and looking back on various eccentric interests and anecdotes that kept him going during the hard times. â€Å"We just cant blame the seasons/The Blue Man Group wont cure depression†, the lyrics manage to be personal and endearing and the song’s pop influence is absolutely infectious.The optimistic chorus notably includes a callback to My Last Semester, another declaration that â€Å"I’m not even sad anymore†. The next song, Everything I Own Fits in this Backpack fits perfectly as a follow up to Logan Circle. Now that Soupy has decided that he won’t let depression take him hostage, the next logical step is to start making some life changes. The heavy hitting guitar riffs keep the song chugging along as Soupy compares and contrasts his new home and his previous home, with a catchy chorus that once again calls back My Last Semester, decidedly not fitting in anywhere. Soupy bemuses that touring with The Wonder Years is just another form of running away, but that it’s all he has. Dynamite Shovel is a fast hitting, angry one minute punk song that is reminiscent of the band’s debut record. The signature humor shines through once more, and the lyrics name drop the Westboro Baptist Church and subsequently curses them out. There’s not much to say about the track, but it perfectly expresses the standard teenage mindset- angry at the world, with any acceptable target finding its way to get under the skin. In the fifth song on the record, New Years with Carl Weathers, The Wonder Years take the listener on the road with them, and as it turns out, touring life isn’t nearly as glamorous as you would think. Vans breaking down, sexting, Nyquil and pizza are all in a day’s work for punk rockers, and the down to earth lyrics continue Soupy’s signature style of sharing personal stories and calling out friends by name. The hard hitting drums and catchy guitar riffs once again take center stage, dropping out occasionally at the perfect moments. The optimistic chorus expresses a fervor of excitement shared by the bandmates, contrasting with their desire to return home. It’s Never Sunny in Philadelphia follows and the guitar and drums take a more standard punk rock approach, and Campbell details his struggle with depression in the album’s darkest song. â€Å"Most days are bad days/ We can’t just wait for someone to pull me off of the concrete† croons the morbidly upbeat chorus. The song is one of the record’s strongest, despite depicting the band’s frontman at his personal weakest. â€Å"I can’t be left alone now/ For even a second† Soupy cries, drawing the reader into his personal struggles. The song closes strongly, with the two alternating refrains competing with each other for dominance. The Wonder Years’ tales of tour continue with Hostels Brothels, a globe trotting punk rock song that name checks European locations from Leeds, Glasgow, and â€Å"Grey† Britain. The frontman shares an inspiring conversation with his father, and despite initial misgivings, he eventually concedes â€Å"Things got a bit lighter/I guess my dad was right†. The guitar and drums once again keep the song going, taking advantage of the song’s three minute length to stick to the pop punk playbook. The gang vocals chorus works much to the band’s advantage, with ringing guitars and timely drum fills. Next up is Melrose Diner, the closest thing to a hit single. The catchy anti-love song takes shots at former romantic interests, and the humorous music video fits the band’s image perfectly—Soupy is an underdog, an everyman, a relatable cynic. The memorable lead riff keeps the song on the listener’s mind, and the drums hit harder than most of the album’s tracks. The chorus shines as one of the album’s simplest, yet most radio friendly; â€Å"I guess I’m just down, I guess I’ll be honest/I could use you around, I can’t stand the dork that you’re hanging with now†. Continuing the same train of thought that delivered Melrose Diner, the next track is an anti-party song aptly titled This Party Sucks. Soupy holds nothing back in his lyrical assault on the Jersey Shore environment and the so called â€Å"GTL† lifestyle. The guitars range from heavy verse riffs to melodic solos and the drums hit just as heavy. â€Å"Say, say you’ll stay in with me tonight† asks the chorus, and Soupy makes it clear that a night in with the television is what he considers his scene. The song is more than complaining, with a humorous verse dedicated to Rupert Holmes and the Pina Colada jingle. Hey Thanks is a surprisingly different track. The majority of the track is simply Campbell’s vocals accompanied by a catchy ukulele rhythm, and the heartfelt ballad is not without some of The Wonder Years’ classic self depreciation. Guest vocals from singer Rachel Minton and the trombone styling of Matt Belanger supply additional depth to the song, which closes with steady drums and electric guitar. Washington Square Park, the penultimate track, is another song that was deemed worthy of being a single. â€Å"I’m looking for the upsides to these panic attack nights,† Soupy sings as casually references the record’s title. Matt Brasch and Casey Caveliere’s dual guitars provide the main attraction on this song, while Soupy’s lyrics draw thematically from the other songs on the album, with an angrily optimistic chorus. In the song’s closing minute, the band reinforces their message – sometimes growing up means you have to grin and bear it. The final song, All My Friends are in Bar Bands is a look back on the band’s childhood years, calling to mind The Offspring’s â€Å"The Kids are Alright†. Rhythmic drums courtesy of Michael Kennedy keep the song steady, and the angry vocals from Washington Square Park make a triumphant return. Fans of Fall Out Boy’s â€Å"What a Catch, Donnie† will be pleasantly surprised when a flurry of guest vocalists make appearances in the closing minutes to once again remind the listener of the band’s mantra – â€Å"I’m not sad anymore, I’m just tired of this place/If this year would just end, I think we’d all be okay†. The Upsides wasn’t intended to be a concept album, but it manages to be one all the same. The album is a whirlwind of emotional ups and downs, and the album is simply down to earth and relatable. The guitars are catchy and the drums are rocking, achieving everything one would expect out of a pop punk band. The Wonder Years have found their niche, and it seems things can only go up from here. SCORE: 9/10 BEST TRACKS: Logan Circle, It’s Never Sunny in South Philadelphia, My Last Semester PARTING WORDS: The Wonder Year’s sophomoric humor, while present, takes a backseat to intimately personal accounts of post-depression struggle and relearning how to live. Campbell’s vocals and lyrics truly shine, and the record stands out as 2010’s greatest pop-punk release.

South Korea political economy

South Korea Internationalization, globalization, and changes to the International Political Economy (IPE) impact on nations’ political and economical environments (Dani 43). It has become easier for corporations and companies to move or invest wherever they want due to the mobile nature of money and of manufacturing of goods.Advertising We will write a custom essay sample on South Korea political economy specifically for you for only $16.05 $11/page Learn More This implies that national governments are less capable of regulating and controlling the activities of multinational corporations (Banerjee and Duflo 23). Additionally, it also could imply that multinationals are at an advantaged position over national governments to dictate how they would operate within a country. The political implications of globalization and the changes to the IPE therefore focus on creating a power balance between national governments and multinational corporations (Al -Obaidan and Scully 240). Scholars argue that this scenario forces the national governments to retreat because of the inability to gain full control over the operations of these international businesses (Haberl and Marina 13). Others have argued that the sovereignty of state is slowly shifting away towards the multinational corporations. From a different perspective, one can see that globalization and the changes to IPE created tension between the need for economic prosperity and the need to maintain community values (Harris 144). The state plays a very important role of protecting communities from the effect of competition by multinationals. Through measures such as tariffs, local industries are protected from such effects. The sovereign power of national governments however can be extended in the face of globalization through signing of international treaties and cooperating with international organizations (Dani 34). In South Korea, the impact of globalization and changes to the IPE has opened up the country’s market in addition to economic empowerment. There is immense technological advancement in the country which has increased its connection with the rest of the world. Scholars have identified that the country got its taste of globalization for the first time during the 1980s (Thistlethwaite 80). It was during this time that the economy of the country was opened up to free trade. Even though this has not only been met by positive consequences, the impact it has had on the country’s economy has made it one of the richest nations in the world. Local technology and automotive companies have expanded and operated on a global scale (Keohane 40). The political and economical sphere of the international economy is slowly being replaced by MNC based economy. The MNCs in South Korea are playing a decisive role in the national government. The same effect is seen in other countries where these multinationals operate. According to statistics, States no longer comprise the largest economic entities in the world today. Instead, companies operating on a global scale are now the largest economic entities.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The case of South Korea is a perfect example of this scenario (Haberl and Marina). The central government in the country only dictates a quarter of GDP spending while the remaining three quarters is dictated by companies and the private sector. Samsung electronics alone contributes to more than 20 percent of South Korea’s GDP. If the three largest South Korean based MNCs (Samsung, Hyundai, and LG) are combined, they contribute an overwhelming 50 percent of the country’s GDP (Raphael and Stokes 917). These statistics reveal that the financial concerns of multinational corporations are now taking over the diplomatic and political concerns that were once a huge part of international political economy. The dictating power of multinational corporations is fast spreading and evidence of this power can be seen in several other countries in both the developed and the developing world. The multinational corporations now have international responsibilities. Samsung Electronics Samsung electronics is one of South Korea’s thriving multinationals. In terms of revenue, it is currently the largest company in the world dealing with information technology. By 2011, it passed Nokia to be the largest mobile phone manufacturer globally. Samsung electronics is also a leading company in the manufacture of television sets, home appliances, and semi conductor chips. The company has recently established a prominent position in the smart phone market and tablet computer market. Samsung has sales networks in over 61 countries worldwide (Grand mont and McFadden 114). Samsung electronics alone contributes to almost a quarter of the country’s economy. The government only s pends around 20 percent of its GDP. Samsung, as described, has a sprawling network of 80 subsidiary companies which in total produce estimated annual sales of $250 billion. If the company’s asset is combined with other local based multinationals such as Hyundai and LG, they have a larger share of the country’s total asset than the central government alone. Based on sectors, South Korea’s GDP comprises of agriculture, industry, and service sectors (Keohane 67). Each of these contributes 3.2%, 39.6%, and 57.2% respectively to the country’s GDP. In the industrial sector, electronics and automobile make up more than two thirds of its revenue. The presence of multinational corporations, such as Samsung electronics, and the existing changes in the IPE has also impacted the trade structure in the country. The country has signed free trade agreements with other like minded states such as the US, European Union, China, Japan, UAE among others.Advertising We w ill write a custom essay sample on South Korea political economy specifically for you for only $16.05 $11/page Learn More These states and international organizations are South Korea’s major trading partners. The government has also established an investment and trade promotion agency which has the mandate to enhance competition and national prosperity in the country. The agency works closely with Korean Trade Centers in other countries. As a result, the government has managed to establish business centers in more than 70 countries to enhance trade and promote investments. It is also in these countries that Samsung has a huge market. Samsung electronics has made South Korea to be a leader within the global IT, semi conductor, and digital display industries surpassing economies such as Japan and the US. The technological developments have made the government to have huge interest in the robotic industry. There are a lot of investments going on in this industry with a goal of becoming a robotic nation by the year 2025. Samsung electronics is also known to have a policy of attracting the low end market especially in low cost countries in Africa, Latin America, and parts of Asia. Its operation within these host countries has created investment opportunities, job opportunities for both high skilled and low skilled labor, and technological transfer. It produces goods in host countries and provides a ready market in South Korea where the goods are exported. Because of the free trade agreements it has signed with international organizations and other developed countries, the goods produced in host nations are also sold within the free markets. It has long term commitment to the host nations. The huge amount profit it makes by operating in a host country is not usually transferred for investment in South Korea. Instead, the profit is invested locally within the host nations. This further helps to improve the economy of host nations. From this point of view, it is apparent that Samsung electronics has almost a similar ability to assist host nations as the central government of South Korea. The position it has in shaping the economy of a country is quite significant compared to that of the central government. Despite the significant role the company as well as other Korean multinationals play in shaping investments in the country, the central government also has power in creating strategies which shape its future. The focus of the central government has always been on strengthening the economy further to compete with other strong economies such as the US, China, and Japan. In consequence, there have been a lot of talks with neighbors especially their northern counterpart in the Korean Peninsula to reunite and form a stronger economy. Currently, South Korea’s economy is ranked 13th in the world but if it manages to reunite with North Korea, it would be among the top four largest economies in the world (Haberl a nd Marina).Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More There is a lot of corporation between the central government and these multinationals when it comes to future investments strategies. Currently Samsung electronics is known to have the best policies on environmental sustainability. The company as well as the central government makes huge investments on energy saving technologies and on green energy. Due to the magnitude of its manufacturing and industrial sectors, the central government introduced a program to reduce emission of greenhouse gasses (Begg and Ward 29). The program is considered to be largest of its kind in the world bearing in mind that other developed nations are still yet to make significant steps towards green energy. Additionally, the central government is collaborating with the multinationals to diversify the economy by increasing investments in other sectors and in some low populated regions of the country. Works Cited Al-Obaidan, Antoinette and Scully, Goerge . â€Å"Efficiency Differences between Private and S tate-Owned Enterprises in the International Petroleum Industry.† Applied economics Taylor and Francis Journals 24.2 (1992): 237-246. Print. Banerjee, Abhijit and Esther Duflo. Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty. New York: PublicAffairs, 2011. Print. Begg, David and Damian Ward. Economics for business. 3rd. Maidenhead: McGraw-Hill, 2009. Print. Dani, Rodrik. One economics. Many recipes. Globalization, institutions, and economic growth. Princeton: Princeton university press, 2007. Print. Grand mont, James and McFadden David. â€Å"Technical note on classical gains from trade.† Journal of international economics 2.1 (1972): 109-125. Print Haberl, Helmut and Marina, Fitscher. â€Å"A socio-metabolic transition toward sustainability? Challenges for another great transformation.† Sustainable Development 19: 1, (2011): 11–14. Print. Harris, Paul. â€Å"Peace, security and global climate change: the vital role of China.† Global Change, Peace and Security 23. 2 (2011) :141–5. Print. Keohane, Robert. â€Å"The old IPE and the new.† Review of international political economy 16.2 (2009) :34-46. Print. Raphael, Sam and Doug Stokes. â€Å"Globalizing West African oil: US â€Å"energy security† and the global economy.† International Affairs 87.4 (2011): 903–21. Print. Thistlethwaite, Jason. â€Å"Counting the environment: the environmental implications of international accounting standards.† Global Environmental Politics 11.2 (2011): pp. 75–97. Print. This essay on South Korea political economy was written and submitted by user Gia H. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.