Question

Discuss the global challenge facing U.S. firms. Provide several examples.

Answer 1

1. Energy and Environmental Security

Energy and environmental security has emerged because the primary issue on the worldwide agenda for 2007. agreement has recently been cast on the potential for semi permanent economic, national security and social group harm from insecure energy provides and environmental catastrophe, additionally because the intense want for technological advances that may offer low-polluting and secure energy sources. nonetheless despite growing world momentum, there's still very little agreement on the simplest set of actions needed to cut back world dependency on fossil fuels and greenhouse emission emissions. contradictory the international policy challenge is that the disproportionate impact of high oil costs and heating across nations, insulating some countries from immediate concern whereas forcing others to press for additional speedy amendment.

2. Conflict and impoverishment

In a world wherever boundaries and borders have blurred, and wherever ostensibly distant threats will distribute into immediate issues, the fight against world impoverishment has become a fight for world security. yank policymakers, World Health Organization historically have viewed security threats as involving bullets and bombs, area unit more and more targeted on the link between impoverishment and conflict

3. competitive in an exceedingly New Era of economic process

Is the new episode of economic process simply another wave or a unstable shift? whereas individual components feel acquainted, the combined contours area unit unexampled in scale, speed, and scope.

4. world Imbalances

Today’s interconnected world is in unmapped territory: the world’s sole hegemonic power, the u. s., nurses associate degree addiction to foreign capital, whereas enterprising powers like China and oil exporters sustain surpluses of skyrocketing magnitudes. Some worry that the globe is at a tipping purpose, wherever solely a dramatic shift in policy will alter the looming flight.

5. Rise of latest Powers

The rise of “emerging powers”-a cluster that sometimes includes the alleged BRICs (Brazil, Russia, India, and China), however that typically is applied additional broadly speaking to incorporate African country, North American nation and others-is reshaping the worldwide economy and, additional step by step, international politics. Growing abundant quicker than the remainder of the globe, these economies area unit ever-changing the structure of international production and trade, the character and direction of capital flows, and also the patterns of natural resources consumption. At an equivalent time, the expansion of those countries is getting down to shift the worldwide distribution of power forcing the nice powers to return to terms with the fact that they're going to ought to share management of international rules and systems within the returning decades.

6. Economic Exclusion within the geographic area

The Middle East has before it what may well be one in every of the best demographic gifts in fashionable history-a potential economic windfall arising from a young and economically active hands. Today, children aged 15- to 24- years recent account for twenty-two % of the region’s total population, the best regional average worldwide. With the proper mixture of policies, this demographic chance may well be broached to spur economic process and promote stability.

7. world companies, world Impact

The personal sector is changing into a big player-indeed some would possibly say the dominant player-in shaping the worldwide economic and development agenda. transnational companies with operations that span the world, and in some cases capacities and networks that match those of governments, have a very vital role to play in serving to to unfold the opportunities and mitigating a number of the risks of economic process.

8. world Health Crises

From responding to the threat of pandemic contagious disease to efforts to manage the unfold of HIV/AIDS, the globe has begun to understand that world health problems area unit relevant for any subject, in spite of position, residence or standing. Despite enhancements within the world’s collective ability to battle wellness with advances in drugs and technology, world health wants stay unmet, creating the whole world susceptible to health crises. especially, the poor still suffer disproportionately from inadequate health services, aggravating their struggle out of impoverishment.

9. world Governance Stalemate

Today’s world challenges-nuclear proliferation, the stalemate of worldwide trade negotiations, the threat of pandemic contagious disease, and also the fight against world poverty-cannot be resolved by yesterday’s international establishments. To resolve the world’s most pressing issues, that bit all corners of the world, we have a tendency to should adapt our world governance approaches to be additional representative and therefore simpler by encouraging and sanctionative the key affected countries to require a full of life role in generating solutions.

10. world Poverty: New Actors, New Approaches

The challenge of worldwide impoverishment is additional imperative than ever: over 0.5 the world’s population-nearly three billion people-lives on but $2 per day; nearly thirty,000 kids die every day-about eleven million per annum -because they’re too poor to survive. With such a toll, addressing impoverishment in new and simpler ways in which should be a priority for the worldwide policy agenda. luckily, a range of latest actor’s area unit transportation new views, new approaches and new energy to the challenge.