Business Assignment Sample

IMPACT OF GLOBALISATION AND REGIONALISATION ON BUSINESS

1.0 Introduction

In any business, the impact of globalization and regionalization would be used as critical features that would be used to relate with the determination of the studies. It requires global changes that thus have political, economic, and the uses of business activities that need to be well aware with the development of having such technology. It thus requires a limited market for having required demand with the cheaper resources that thus have proper dynamics in forcing business leaders to change their focus.

Globalization refers to a speed of global events and exchanges (of individuals, commodities, and technologies, investment, innovations, and cultural traditions). Globalization seems to have the effect of promoting and increasing interactions between different regions and populations around the world. Firms in less industrialized countries have had more opportunities to access more and bigger markets all through the world in the name of internationalization. As a result, firms within emerging economies have had more access to financial services, technology, and human capital, but also lower import prices and broader export industries. Due to the effect of dropping costs responsible for the current supply of cheap products, regional integration has a beneficial impact on competition and market growth. Any trade redirection, although originally cheaper, might have had a detrimental consequence.

2.0 Critically discuss the impact of globalization and regionalization on business

As per the use of recent phenomenon it is being used to learn critically with related format to detail with the globalization and regionalization to be based on the business. It is being observed with the facts to be evolved in the features to be hampered in the critical features in dealing with such situations. According to Professor Robert Salomon, as long as the world stays open for any business it can be proved as a resilient feature in the use of multiple threats. For generations following World War II, it was believed that globalization would precede unchecked (Drelich-Skulska et al.2018). One of the most expansive periods of increasing globalization in humanity was ushered in by all the opening of industries, technological advancements, intercultural understanding, and political engagement. Despite recent doomsday scenarios, there is very little cause to suppose that this tendency would reverse.

Many have prophesied the emergence of autarky as well as the ending of globalization as people understand it as a consequence of something like the corona virus pandemic and growing nationalistic and populism forces throughout the world. The turning point Toshiba has been used as the processed use of the financial crisis observed due to the brief use of sharp drop in the financial economy due to the pandemic, the graphical minded with the point to be bounded have the featured use of globalization’s flow. Throughout the last quarter-century, global and regional economic ties have become significantly stronger. To examine economic implications of these links again for development of regional and international economic cycles, they are using a dynamically principal component analysis.

Businesses show that, but since the mid-1980s, geographical determinants were becoming increasingly important for understanding economic cycles, particularly in regions where intra-regional commerce and capital inflows have grown significantly (Chen et al.2021). The comparative significance of the macroeconomic factors, but on the other hand, has declined over the same time span. The financial crisis slowed down rapidly in 2008-2009 with the volume of the world trade for the goods to be observed as the pre-pandemic era with levels. It is the most important use of flows that needs for recovering swiftly apart from the movements of people that needs to be muted for travel restrictions. This type of improvement was well aware of the contribution for shortening supply chain management to build up such resilience The use of the feature to be used in enabling the use of populist with the tendency to have political movements with the action that have taken only with the use of margins. It is to be led with the frictions that need to be raised with the costs to be associated with the exchange to be leverage for the stopping of such trade.

The development of the idea of business excellence is plays a crucial role in globalization and regionalization. In recent time the increase of competition of the market and in business excellence also an important area for globalization and regionalization. In terms of globalization and regionalization it is important to form a business in the market (Dedić et al, 2021). Global marketing has an essential aspects and this also focus on the “needs of people around the world”. The global approaches also looks for similarities in products, markets, marketing and sales. It is important for any company which arte appears in global market , also have the ability to utilize the new technology, new product, new service and major innovation. The company must be aware about the new market trends. It is also important for the company to gain knowledge about global market segments and values of the products. It is also necessary for the company to escalate various kinds of marketing efforts. It is important for the company to utilize the stable market position and achieve the development goals. There are some strategies  that can put impact on company to increase the global marketing and brand image (Hantsovskyi et al, 2020). The regional policy strategy also based on the fact in terms of innovative and socially oriented development way. The scenario also depends on the achievement of synergetic effects. The company must have the ability to utilize the new economic growth. The new economic growth also helps the company to enhance its overall performance of the company.

A higher range of development at the regional level also enables the regional cycles. This also creates more opportunities for the company in the international market. Globalization also put a positive impact on the global market. The company must have the ability to use the globalization method to increase productivity in the market. Globalization has the ability to enable firms to specialize. This globalization also increases the intensity of R&D, innovation ways, and capital the output of their business revenue (Kaynak et al, 2022). This globalization also makes sure about the process can be easily accessible for the users. This also helps the company to start competing with old materials.  This trade sector also has the ability to increase the number of people which can create more opportunities for both exports and imports. It also helps to decrease the high inflation rates in western economics. Globalization is also able to increase real wages to provide the cost of cloud consumption.  Globalization has the ability to spread the new technology and provide help to make economies greener and more productive. This also helps to decrease the wage and provide more opportunities for the company. Globalization also enables the stakeholder position. Utilization of globalization, the company can easily examine the stakeholder and increase the business in the market. This globalization also improve the quality of management in firms and the working conditions of people. Due to this globalization the employees can create a strong workplace in the market. This also helps for the company to increase the business in the market.

In a world in which the concepts of globalization and regionalism appeared to be acquiring growing clout, this was only a question of time before the relationship between the two large difference movements became a subject of discussion. The two dominant hypotheses that seem to emanate from such a discussion are that Regionalism presents a serious challenge and danger to Globalization, or even that Regionalism is founded on Globalization but could only grow inside the way it was done because of it (Phan, 2021). Brexit thus made use of such a relationship with the facts in having UK and EU fringes that have effort to be made in avoiding as such for harming critical exchanges.

3.0 Extension that government levels can support business on these trends

This is the featured source to be taken away with the bilateral and multilateral that needs to be used as the trade agreements that needs to be used with the featured with having Pacific Rim to be considered as the regenerated with the NAFTA entity. Regionalization and globalization remain complementary in a world that has been diminishing and developing at an accelerated pace. To recover quickly and be adaptable in moments of emergency, especially previous two years of epidemic have necessitated a robust nationally and internationally economy that would be synced with both the newest technological advancements (Yaya et al.2020). Through a discussion between “Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade”, and “Vinod Mahanta, Senior Editor, Economic Times” upon that topic “Leveraging Technology and Cutting-Edge Innovation to Build New Economic Initiatives”, the ET Global Business Summit 2022 evidenced how to come up with a strategy business owners and stay ahead of the competition.

With the exception of this factor is to be used as such for Brexit that has been used as the long-term with the use of policy brakes that too inflows with the people. They have been used as such for the UK, US and EU that needs to be used for becoming immigrant-friendly for the types of human flows. Without the integration and advancement of cutting-edge technologies such as block chain, artificial intelligence, and technology infrastructure, any “Comprehensive Economic Partnership Agreement” (CEPA) nowadays is inconceivable (Zamborsky, 2020). Not only does Zeyoudi see all these prospective businesses as having immense promise, but he has also confirmed that now the UAE is building administration, infrastructures, and a next-level regulatory structure for business operations. When challenged about just the trend of many UK/US cryptos and technology startups migrating to the UAE, Zeyoudi has said that the government aims to become a market for collecting and tapping crypto expertise and relevant individuals from UK and across the world. Countries to be used as such for the derivation in having use of UAE, Australia and Canada, that have been becoming more welcoming and filled with gaps. As for the information related issues proceed with the regulation that thus have Business growth with the Big tech growing from the use of multilateral action to be used to enhance for the data transfers. It is being increasingly used for trade pacts (Alarjani, 2019). For India and its closest neighbours, establishing sustainable regionalization has traditionally become an elusive ambition.

Despite periodic reformations of regional identity discourse and occasional studies just on topic, India has yet to really succeed in uniting its neighbourhood in any meaningful manner. To be sure, each Indian government that gets into power professes a focus on the neighbourhood and outlines specific policies to that purpose. These attempts, but on the other hand, eventually run into trouble and are delayed or discontinued for a myriad of purposes. Pakistan is associated with increased incidence for sabotaging regionalisation attempts. When presented with a recurrent widespread dissatisfaction, the Indian government transfers its attention to much more remote neighborhoods (Alarjani, 2019). Data policies have been used with the impact for the studies that thus need for such features with increasing use of such privacy based on the protection that is yet to be recognized with the importance of cross-border organization. The use of economic conditions thus tends to be used in leveraging with the features to be used in tends with the paradigms for post second world war characteristics with the features to have remained silent with the economic activity.

This has been led with the continuation for the despite repeated attempts for the development of viable alternatives. To suggest that questioning this system’s policies and procedures, including its economic ideology and current dominant perspective, is tantamount to wanting to prevent or reverse inexorable cosmological laws, is a crass political device that genuine analysts should reject (Broome, 2022). Globalisation supporters portray that as a phenomenon powered by unassailable employment practices or logic, inexorable market mechanisms, and irreversible technological advancements.

This type of economic and technological aspect is supposed to intimidate and discourage critical thinking, and it is not socially nor philosophically tenable. The elimination of hurdles, above all unfavourable legislative conditions and requirements, necessitated the reopening of all countries and sectors of the economy to the worldwide operations of such commercial, financial, and technological agencies. Multilateral advancement is used for taking for the reason in contribution for World Bank, IMF and WTO. Then opening up of all countries would be likely to be used as the actions to be taken by the governments as per the international conditions used for their needs (Kataryniuk et al.2021). The opening up of all the features to be used as the regulatory terms to be used in the format of the global operations of having financial, industrial and technological agencies. This requires the use of producing with the increasing demand for the use of certain features to be termed as the international use of economic terms.

4.0 The discussion for the use of relevant theories

China was created with the impact from the China Development Bank that needs to be spearheaded by the Asian Infrastructure Investment Bank. This has been used with the dwarf for the relative ways of the World Bank and the use of the IMF. The globalisation of the these problems over human civilization, according to the United Nations, is predicated just on uniqueness of something like the international economy and is connected to the actuality that those who occur in the almost all countries, actually contains mutual technological, social, institutional, diplomatic, and environmental and social factors that cause spreading in the sequence of effects that necessitate consolidated efforts to solve (Hsu et al.2020). Globalization is supported by financial and economic policy, rather than by itself. Including all these factors firms within emerging economies have had more access to financial services, technology, and human capital, but also lower import prices and broader export industries. As with any subjective factor, these policies can then either correctly represent reality or deviate from it.

The United Nations, in cooperation with specialized international institutions responsible for the various elements of the process of globalization, must function democratically, with transparency, responsibility, neutrality, and compliance with the law. With the latest features to be dealt with for the countries for the advocate in being for the influence those global financial institutions have (Ullah and Ming, 2021). The discussion between globalization and regionalization is becoming more prevalent and significant, and in response to all these discoveries, numerous viewpoints, both pro and con, have developed, fuelling the argument. To comprehend what either of them means, enormous complexities are arising. Both provide those opposing, conflicting, and debatable interpretations and interpretations, but the line between them remains hazy. Because both terms are just so wide, but instead of making further attempts to simply synthesize the various types, classifications, and inconsistent or conflicting debates concerning globalization and regionalization, the focus of the study should be on those aspects that are contested by supporters of regionalization (Huh and Park, 2021). The overall health dealt with the global features that need the global economy to be influenced by consumers, companies, entities and banks. This has been used as the largest features with the wealthiest consideration of the economies, it is being observed to be as such with the central bank activity and rate of policy.

This section of the project is briefly described as the theories of globalization. The theories also put a positive impact on globalization. The theories such as “liberalism”, “political realism”, “Marxism”, “constructivism”, “postmodernism”, “feminism”, “transformationalism”, and “eclecticism” put an impact on globalization. The company must have the ability to utilize the theories. The liberalism process is also able to let the market and extension the productivity in terms of company. Due to the utilization of liberalism, the company can easily gain knowledge of market segments (Enderwick et al, 2020). This also helps to enable the economic growth of the company. On the other hand, technological advances impact particular areas. These particular areas also consist of transport, communications, and information processing. Political realism also plays a crucial role in terms of globalization and regionalization. Political realism also states as inherently acquisitive and self-serving and heading for the inevitable competition of power. Globalization also considered as antithetical to territorial states. It is also important for the company to gain knowledge about global market segments and the values of the products. It is also necessary for the company to escalate various kinds of marketing efforts. Globalization has also consisted of cultural, ecological, economic, and psychological dimensions. These elements are applicable for the company to increase productivity in the market. It also helps to identification, construction, and communication.

Marxism theory is also one of the major parts in terms of globalization. Examining globalization happens due to trans-world connectivity. As a result, there create so many opportunities for the company in the international marketing arena. The result of impulses of capitalist development. The legal and institutional infrastructure is also capable to provide some essential strategies to form the business in the market. This theory also explore identification and investigate meanings. The employees are able to develop weapons and pursue the global campaigns (Chibber et al, 2022). The identification aspects of social relation also bring out as a outcome to increase the nationalism and autonomy. Constructivism theory plays a crucial role in terms of globalization. It is the result to particular forms and dynamic of consciousness. The constructivism also focus on the ways which are “construct” the market segments. The conversation and symbolic exchange also provides the creative and innovative ideas for the world. This also helps for the company to create brand image and brand awareness in the market. The company can increase their productivity to utilize the globalization theory (Zhukov et al, 2020). The main aim of globalization theory is to interpretation of the current events on the international sphere. The company must use this international sphere. This also helps to make a proper structure for marketing and better communication. Globalization theory is important in recent times. It can enable the fundamental distinctions between political and social life. . Due to this globalization, the employees can create a strong work in the market. This also helps the company to increase its business in the market.

Policymakers should understand that governments’ existence is contingent on internally connected competitive and diversified business blocs in which national governments not just continue to trade but then also fairly and fearlessly (Thuy, 2021). Globalization, in the meaning of increased economic interdependence between countries, is a complex phenomenon. Most of the world’s business and investments are owned by a small handful of multinational corporations (MNCs). Indeed, the world’s top 500 MNCs contribute for further than 90% of all “foreign direct investment” (FDI). It is being used as the Pew Research Centre that utilises in following that thus produces for the view of immigrants that thus needs with the source of strength. It is being used as the recent survey that is needed for the US News indicated that they have a majority with the world’s population that thus sees substantial value of global exchange (Smith and Sarabi, 2021).

It is being used as the political features that thus have any political actions to be taken for increasingly eroding confidence with materialism that is undetermined with any such institutions. This tends to be used as such with the significant changes for any social sentiment. It is being used as the shifts to slower the economy that needs local trends for the globalization within the trends to be utilized to have perhaps that thus tends to be slightly to be used at any slower rate (Bürbaumer, 2021). Globalization’s uses and strength with the face for any significant uses for the threats and the highlights to be dug in deeper with the facts with social, economic, political and economic institutions.

5.0 Application of theories with relevant examples

There seem few relevant theories that need to be used for the impact of such features in detailing the procedure with the theories that have such impact. Since the 1980s, the development of the global economic condition has become a key part of using the “International Business” (IB) agenda and indeed the subject of handling globalization has captivated the attention of IB researchers and practitioners alike. Trade relationships, geopolitical boundaries, economic status, human rights, environmental obligations, theology, ethnic, nationality, and resource conservation have all been touched by globalization. The purpose of these features have been used to provide an overview of the current IB research on internationalization and to educate scholars who already are new to the field on which journals and authors to consult while investigating this subject (ReVi, 2020). The scholarly debate to be used in this sector is the regional databases to be considered in using “International Relations” (IR).

The organizations confronted with world politics have brought a new beginning to an ancient concept such as regional identity. In the larger context of both the formation of international liberal connections and the encouragement of globalization movements, regionalism has indeed been investigated in terms of cooperation and communication (Vasileva-Dienes and Schmidt, 2019). Today, however, the idea of regional integration has changed dramatically, with countries and regionalism playing a quasi-autonomous role in determining global policy and tackling a multitude of challenges and sectors that were previously addressed through global multilateral institutions. The scholarly discussion over regional integration and internationalism has shown how the profession of international relations (IR) needs to also be shaken to its core. The main criteria that have been used in the features to be enabled with the reluctance used to broaden with the theoretical features in determining for the ability in growing use complexity of having international politics.

This section of the project represents the application of the theory that can play a crucial role in globalization. Globalization is the method, which can put an impact on a company. Due to this globalization, the company can increase its business growth and business prospects in the international marketing arena. This globalization also allows the company to notice the lower cost. The lower cost is the new innovative way to produce their products. The company must be aware to bring the best quality of materials to form the best products for the customers. Globalization also helps to increase the global competition in the market (Sonsri et al, 2022). This global competition creates a larger variety of consumer products. The lower cost amount of the product is also able to attract more customers. More customers sometimes create revenue for the company. Globalization is sure about the new culture to the customers. New cultures also create more opportunities for the company. The company is also able to gain new trends for business growth.  It is also important for the company to gain knowledge about global market segments and the values of the products. It is also necessary for the company to escalate various kinds of marketing efforts.

The theories are also applicable in various kinds of quantitative and qualitative research. This quantitative and qualitative also impact processes. This theory also allows one to explain the structure and bring out the changes in the company. The theories of globalization also help the company to gain knowledge about the marketing and sales in the market. The globalization theory also states that the company must be aware about the marketing segments. The theory also enhance to identification of the problem and the plan to measure to create revenue for the business. The application theory also helps for the company to enable the stakeholder theory. As a result, this also helps for the company to sales the product with proper execution way. The conversation and symbolic exchange also provides the creative and innovative ideas for the world. This also helps for the company to create brand image and brand awareness in the market. The company can increase their productivity to utilize the globalization theory. In terms of globalization, the company must be able to put the proper communication to other companies. The communication also creates so many opportunities for the company. Globalization has the ability to spread the new technology and provide help to make economies greener and more productive. This also helps to decrease the wage and provide more opportunities for the company. This also helps for the company to form the business in the international marketing arena. Due to the utilization of application theory in globalization, it helps the company to make sure about the business excellence and economic factor for business.

It remains with the relative use of any underdeveloped by the inclusion to have non-Western features that needs theoretical use with the Western use of any culture in losing primacy to world politics. The low level interaction that they between consequence features that thus needed with taking necessary steps to be taken for using more fruitful evolution to be evolving. It needs to be used as a way to deal with the use of global entities in handling the IR framework. Given that social and political phenomena are affected by the social interactions, the complexities of international affairs forces researchers to adopt innovative techniques towards them. However, there seem to be issues when considering regional integration and how much it connects to globalization. This is the quintessential IR stress test, with diverse theoretical methodologies yielding different results and particular policies. Traditional Western various frameworks clearly have a bias grounded in their philosophical and political origins that prevents them from performing a “neutral” investigation of ongoing phenomena. What IR fundamentally needs is a reasonable number of pluralism, which transforms into a methodological perspective that is rather mono directional.

It is the term to be aimed in highlighting by the use of any such complexity that thus depicts the causal factor in influencing the development of various regionalisms. It is being used as the period during the Cold War thus required for the limited autonomous body to be used as such by the development to have an integration process due to such political necessity. It is derived with the use of superpowers to be maintained as such with the factors in detailing such economic and political projects. Regionalism is a universal phenomenon that emerged inside the wake of World War II (Maku et al.2018). Since then, regionalism had developed throughout two different phases: the Cold War era as well as the post-Cold War era. The political and philosophical settings of something like the time have influenced regionalism during each age. Bipolar confrontation and the emergence of regional cooperation characterized the Cold War period. When the relevant features are used for the country and then the level of individual thus increase the facts of globalization of any business.

 It is to be increased, that thus proved usage of group boundaries than preserving features in gaining motivation for cosmopolitan ones. Globalization intensifies challenges that affect everybody and demand large-scale human interaction, such as overharvesting of environmental assets and human-caused global climate change. One theory is also that industrialization triggers reactionary activities that strengthen people’s communal divisions. The focus of large-scale cooperation is thus towards strengthening one’s own regional, ethnic, or geographic group. Globalization, according to the alternative hypothesis, strengthens international views by decreasing the significance of ethnicity, location, and national sovereignty as sources of identification (Maihold and Mühlhöfer, 2021). Globalization, or the increasing interconnectedness of individuals all over the globe, strengthens the organizational boundaries toward which people still believe they belong.

The international trade with online marketing has been enabled with the economic use of prosperity that thus needs with the features of using economists and business leaders. It is being used to enable the recent cause for the developments that is being well known for the series. These developments have been well aware of the contribution for shortening supply chain management to build up such resilience (Salahuddin et al.2020). The Supply chain controlling in enabled conditions to be used in North America have to be traded with the plausible feature that isn’t likely to be used which becomes more regional and virtual use.

6.0 Conclusion

In the above discussion, this content is based on the impact of globalization and regionalization on business, which reflects that the globalization and regionalization would be used as critical features that would be used to relate with the determination of the studies. It requires global changes that thus have political, economic, and the uses of business activities that need to be well aware with the development of having such technology. The critical analysis reflects the most expansive periods of increasing globalization in humanity was ushered in by all the opening of industries, technological advancements, intercultural understanding, and political engagement. As for the information related issues proceed with the regulation that thus have Business growth with the Big tech growing from the use of multilateral action to be used to enhance for the data transfers. It is being increasingly used for trade pacts. This content also discussed relevant theories which are that cooperation with specialized international institutions responsible for the various elements of the process of globalization must function democratically, with transparency, responsibility, neutrality, and compliance with the law. With the latest features to be dealt with for the countries for the advocate in being for the influence those global financial institutions have. And also following the applications of theories which reflect the formation of international liberal connections and the encouragement of globalisation movements, regionalism has indeed been investigated in terms of cooperation and communication.

Reference List

Journals

Alarjani, H.M.F., 2019. An analysis of the role of competitive intelligence (knowledge management and business intelligence) in globalisation of Saudi Arabia ICT firms (Doctoral dissertation).

Alarjani, H.M.F., 2019. An analysis of the role of competitive intelligence (knowledge management and business intelligence) in globalisation of Saudi Arabia ICT firms (Doctoral dissertation).

Ali, S.H.S., Globalisation: The Threatening Tool to the Egyptian Identity and Sense of Nationalism.

Broome, A., 2022. Doing business: how countries gamed the World Bank’s business rankings. British Politics and Policy at LSE.

Bürbaumer, B., 2021. TNC Competitiveness in the Formation of the Single Market: The Role of European Business Revisited. New Political Economy, 26(4), pp.631-645.

Chen, X., Miao, J.T. and Li, X., 2021. The Belt and Road Initiative as Epochal Regionalisation. Routledge.

Chibber, A., 2022. Impact of Globalization on Trade Law. Supremo Amicus, 28, p.142.

Coeurderoy, R. and Yang, X., 2020. A perspective on impact of covid-19 on European business: The risks of de-globalization and the promises of regionalization. Managing a Post-Covid19 Era, 229.

Dedić, S., Nuhanović, A. and Đulić, J., 2021. Research on the importance of performance of business excellence of hotel companies in the time of globalization and regionalization. In BH Ekonomski forum (Vol. 13, No. 2, pp. 61-75).

Drelich-Skulska, B., Domiter, M., Jankowiak, A., Bobowski, S., Brach, J., Klimek, A., Łopacińska, K., Mazurek, S., Michalczyk, J., Michalczyk, W. and Rymarczyk, J., 2018. International Business in the Global World. Publishing House of Wrocław University of Economics.

Enderwick, P. and Buckley, P.J., 2020. Rising regionalization: will the post-COVID-19 world see a retreat from globalization?. Transnational Corporations Journal, 27(2).

Gielens, A. and Kamp, B., ” How will the backshoring trend evolve after the COVID-19 crisis? Towards a new paradigm of regionalisation?.

Hantsovskyi, O., 2020. The impact of digitalization and gadgetization on the development of corporate social responsibility in the evolution conditions from globalization to regionalization. Humanities Studies, (4 (81)), pp.201-215.

Hsu, A., Höhne, N., Kuramochi, T., Vilariño, V. and Sovacool, B.K., 2020. Beyond states: Harnessing sub-national actors for the deep decarbonisation of cities, regions, and businesses. Energy Research & Social Science, 70, p.101738.

Huh, H.S. and Park, C.Y., 2021. A new index of globalisation: Measuring impacts of integration on economic growth and income inequality. The World Economy, 44(2), pp.409-443.

Kataryniuk, I., Pérez, J.J. and Viani, F., 2021. (De-) Globalisation of trade and regionalisation: a survey of the facts and arguments. Banco de Espana Occasional Paper, (2124).

Kaynak, E., 2022. FROM GLOBALIZATION TO REGIONALIZATION IN A TIME OF ECONOMIC, SOCIO-POLITICAL, COMPETITIVE, AND TECHNOLOGICAL UNCERTAINTIES: CURRENT ISSUES AND FUTURE EXPECTATIONS.

KOSTI, M., humanities in a small cOuntry and glObalisatiOn.

Maihold, G. and Mühlhöfer, F., 2021. Supply chain instability threatens security of supplies: options for industry and policymakers.

Maku, O.E., Adesoye, B.A., Babasanya, A.O. and Adelowokan, O.A., 2018. Comparative Analysis of the Impact of Globalisation on Human Welfare in Sub-Saharan Africa. Scientific Journal of Polonia University, 30(5), pp.25-42.

Mazur, B. and Mazur-Małek, M., DIGITALISING AND REGIONALISING SERVICE PROCESSES: THE EMERGENCY TRAVEL DOCUMENT. In 6th International Scientific Symposium “Economics, Business & Finance” (p. 56).

Phan, A.N.Q., 2021. Under the impacts of globalisation: the rising power of English as a foreign language (EFL) and the corresponding response of EFL policy in Vietnam. SN Social Sciences, 1(1), pp.1-16.

Poveglian, M., 2021. Business Regionalization: additional strategies for international competitiveness.

ReVi, V., 2020. Regionalisation: A Better Strategy in a Post-Pandemic World?.

Salahuddin, M., Vink, N., Ralph, N. and Gow, J., 2020. Globalisation, poverty and corruption: Retarding progress in South Africa. Development Southern Africa, 37(4), pp.617-643.

Smith, M. and Sarabi, Y., 2021. Trading patterns within and between regions: an analysis of Gould-Fernandez brokerage roles. arXiv preprint arXiv:2107.01696.

Sonsri, S., 2022. Think New ASEAN: Rethinking Marketing Towards ASEAN Economic Community. Journal of Politics and Governance, 12(1), pp.314-317.

Thuy, Q.P.T., 2021. A SIMPLE GLOBALIZATION INDEX FOR THE PROVINCIAL ADMINISTRATIVE UNITS IN VIETNAM. BUSINESS TRANSFORMATION AND CIRCULAR ECONOMY, p.51.

Ullah, A.A. and Ming Yit Ho, H., 2021. Globalisation and cultures in Southeast Asia: Demise, fragmentation, transformation. Global Society, 35(2), pp.191-206.

Vasileva-Dienes, A. and Schmidt, V.A., 2019. Conceptualising capitalism in the twenty-first century: The BRICs and the European periphery. Contemporary Politics, 25(3), pp.255-275.

Yaya, S., Otu, A. and Labonté, R., 2020. Globalisation in the time of COVID-19: repositioning Africa to meet the immediate and remote challenges. Globalization and Health, 16(1), pp.1-7.

Zamborsky, P., 2020. European Sharpbenders: Meta-regional Strategy and Regionalisation. New Zealand Journal of Research on Europe.

Zhukov, S. and Diugowanets, O., 2020. Multinational Corporations’ International Marketing in the Focus of Global Regionalization Process. Virtual Economics, 3(4), pp.188-210.