Impact Of Globalization On The International System

The fast pace of globalization is creating a wide range of complex issues affecting us here at home, in other developed countries, and in many developing countries across the globe. The term â€Å"globalization† describes the political, economic, social, and cultural movement across the international system (Chernosky Hobbs, 2016). Technological advancement has fueled this dynamic, making globalization a fact of life that can neither be ignored nor defeated. It is here and it is here to stay. This report focuses on the effects of globalization on one particular workforce specialization: science and engineering. The report specifically examines the following issues: occupational growth dynamics in engineering, the changing demographics of the†¦show more content†¦The Demographic Composition of the Engineering Workforce The demographic composition of the science and engineering workforce in the United States is changing. The baby boom population (born between 1946-1964 (Colby, Ortman, 2014)) of the engineering workforce continues to advance into retirement. However, increasing numbers of scientists and engineers, reflecting the cultural trend of working longer, are postponing retirement, leaving generation Y (born between 1982-2000), who are far more diverse, ready to take over. At the same time, members of historically underrepresented groups, women and, to a lesser degree, blacks and Hispanics, have played an increasing role in the science and engineering labor force, although this has been more prevalent in some fields (life sciences and social sciences) than in others (computer and mathematical sciences, physical sciences, and engineering). Despite the recent increases in science and engineering participation by women and by racial and ethnic minorities, both groups remain underrepresented in science and engineering compared to their overall labor force participation. For example, women account for less than one-third of all workers employed in science and engineering occupations in the United States despite representing half of the college-educated workforce (NSF, 2016). The United States has remained an attractive destination forShow MoreRelatedGlobalization and Its Impact on International Business Essay1558 Words   |  7 Pages............3 What is Globalization....................................................4 The engines for Globalizations†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦5 Globalization’s impacts on international business†¦..7 The road ahead for international business†¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦9 Summary†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..11 Reference†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦12 Introduction Every day we hear it on the news, read it in the papers, overhear people talking about it†¦ and in every single instance the word globalization seems to have a differentRead MoreGlobalization : The Super Story1366 Words   |  6 Pagesarticle, Globalization: The Super-Story, he defines globalization as the inexorable integration of markets, transportation systems, and communication systems to a degree never witnessed before. 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