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The country of India and the sustainability threats

Background
We live in a global world, characterized by relationships, interdependencies, and collaborations between nations for various reasons – from exercising economic power to promoting environmental awareness. Globalization exposes us to an unmatchable diversity of national political, legal, cultural, and economic systems we need to understand to be effective leaders in the global economic environment we live in today. The purpose of this blog series of assignments is to prepare you to do a thorough research on a country to understand how it is positioned in the global economy, what are the country’s strengths and weaknesses, and what opportunities for collaboration it offers.

Research the culture of the country of India and the sustainability threats and/or opportunities it faces. You need to describe your research findings, support them with academic and visual sources, and make a conclusion about the country’s strengths, weaknesses, and opportunities.

Step-by-step Directions

  1. Describe the cultural system of the country of your choice.
    a. Describe the cultural values of the country applying the five dimensions of Hofstede’s framework:
    i. Individualism vs Collectivism
    ii. Uncertainty Avoidance
    iii. Power Distance
    iv. Masculinity vs Femininity
    v. Long-term Orientation vs Short-term Orientation
    b. Describe the religious system in the country.
    c. Share an example of a famous cultural tradition in the country.
    d. Share an article and its findings about how the national culture might affect business.
    e. Support your narrative with at least one academic source, at least one visual source (picture or video).
  2. Describe the sustainability challenges the country is facing.
    a. Share at least one sustainability challenge the country is currently facing.
    b. Share the country’s response to the global sustainability crisis.
    c. Support your narrative with at least one academic source and at least one visual source (picture or video).
  3. Write a conclusion about the insights you gained into your research country.
    a. Identify at least one weakness of the country based on its political, economic, and legal systems.
    b. Identify at least one strength of the country based on its political, economic, and legal systems

Sample Solution

he significant impact of Keynesianism throughout the World War II is widely attributed to the obliteration of mass employment, which occasioned in an extreme influence and spread of Keynesianism connecting to the government’s duty of upholding full employment.( (Higgs, 1995) For example, in 1944, the UK government espoused a plan towards ensuring a “high and stable level of employment” as a part of its employment policy (Jstor.org, 2012). In the USA, the Employment Act of 1946 displayed the commitment of the Federal Government in embracing measures to accomplish “maximum employment, production and purchasing power”. The dedications by both the UK and the USA were of ultimate importance concerning the spread and influence of Keynesianism, even though they were lacking the ways of reaching the stated aims of maximum employment (Jstor.org, 2012) When looking at the case of the United Kingdom, Keynes had an opinion that the target 3 per cent of average employment was tremendously optimistic and said that there was no possible harm in putting it into practice. It is obvious that the post-war success enjoyed by the United Kingdom and the United State can be credited to the stabilization policy of Keynesianism. James Tobin, the most well-known US Keynesian economist, once claimed that a strong case had been proven for the success of Keynesianism (Tobinproject.org, 2013). Tobin disputed that most of the developed democratic and capitalist states adopted Keynesian demand policies managed after the World War II. 1950-1975 echoed unrivaled prosperity proven by an increase in the global trade and stability (TOBIN, J. 1983). It was around that time that most economies observed low inflation and unemployment rates. It is obvious that UK and western economies experienced maximum employment in the post-war era, because governments kept their dedications when it comes to full employment, basing on Keynesianism methods (pethoukokis, 2011). Before the 1980s, there was conventional knowledge suggesting stabilization of the real output in America’s economy because of the integrated and discretionary stabilization approaches putting in place after 1946, and specifically after 1961, just before the Second World War. This is an example of a vastly held empirical overview concerning the USA’s economy (pethoukokis, 2011).
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