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WHAT IS THE NECESSITY FOR POST-CONFLICT LIBERIA IN THE Global ` ECONOMIC CULTURAL DYNAMICS? By: Dr. Amos M.D.Sirleaf, Professor, Sociology of Developing.

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Presentation on theme: "WHAT IS THE NECESSITY FOR POST-CONFLICT LIBERIA IN THE Global ` ECONOMIC CULTURAL DYNAMICS? By: Dr. Amos M.D.Sirleaf, Professor, Sociology of Developing."— Presentation transcript:

1 WHAT IS THE NECESSITY FOR POST-CONFLICT LIBERIA IN THE Global ` ECONOMIC CULTURAL DYNAMICS? By: Dr. Amos M.D.Sirleaf, Professor, Sociology of Developing Countries Strayer University November 18, 2007

2 Global culture which would include lifestyles and beliefs brings about integration, understanding, and developments for all people. Global culture can shape the world and lead to positive changes and developments. A case study of post conflict Liberia.

3 Globalization has various aspects which affect the world. “Globalization has various aspects which affect the world in several different ways such as: Cultural - growth of cross-cultural contacts; advent of new categories of consciousness and identities such as Globalism - which embodies cultural diffusion, the desire to consume and enjoy foreign products and ideas, adopt new technology and practices, and participate in a "world culture". (Wikipedia.org (the free encyclopedia)

4 Globalization has various aspects which affect the world. Understanding cultural perspective is very important when entering into international business negotiations. To understand how the international business associations conduct business, also leads to one’s understanding of the cultural characteristics as an essential part of the international business and global cultural negotiation. International trade has become the growth industry for goods and services and generating revenues as part of the market economic from the global cultural dynamics.

5 LIBERIA AND THE GLOBALIZATION Globalization has various aspects which affect the world. Global culture which would include lifestyles and beliefs brings about integration, understanding, and developments for all people. Global culture can shape the world and lead to positive changes and developments. Liberia must therefore revise its constitution to fit global citizenship characteristics in the context of De-Racilization of the Constitution.

6 Global culture can be classified as a socialization that brings about integration or adoption of another culture; which would include lifestyles and beliefs. America came to the forefront of global culture with corporate industries. Social responsibility is now part of the mainstream.

7 The risks that exist in global cultures can be divided. Language plays a part when interacting with a diversity of people from difference cultures. Women and men are in every industry.

8 Global culture which would include lifestyles and beliefs brings about integration, understanding, and developments for all people. Global culture can be classified as a socialization that brings about integration or adoption of another culture; which would include lifestyles, and beliefs. When establishing relationships with people understanding of global issues such as culture values, ethnic values, church, government, economics, and social responsibility comes into play.

9 Global culture can shape the world and lead to positive changes and developments. Different cultures and a diverse population have their own life style, and resources. By finding common ground among a diverse global culture will establish a better understanding, expand one’s horizon, and blurring boundaries. Global culture can shape the world and lead to positive changes and developments. “Global economy is open to both innovation and consumer market power originating in poor countries”.

10 Global culture can be classified as a socialization that brings about integration or adoption of another culture; which would include lifestyles and beliefs. “Businesses must learn to serve poor markets by overcoming those markets’ unique constraints as well as their own antiquated model and misconceptions about the developing world. Ending the economic isolation of poor population and bringing them within the formal global economy will ensure that they also have the opportunity to benefit from globalization.”(Handelman, H. Pages 29, 30)

11 America came to the forefront of global culture with corporate industries. America came to the forefront of global culture with corporate industries like Firestone Rubbert Plantation Companies in Liberia. The new American markets: McDonalds, Starbucks, and Wal-Mart. These industries have migrated over to various countries, like China, Japan, Germany, and India. America culture is gradually integrating over to various countries all over the world. Some would say local culture and tradition are being battered out of existence.

12 Social responsibility is now part of the mainstream. Social responsibility is now part of the mainstream, sharing benefits is showing signs of better business and better integration into various cultures. Ensuring long term success and positive influence in the global corporations includes Mexican labor practices, child labor practices, and code of ethics for suppliers have played. Certain cultures embrace technology and economic growth and other resist them. Work habits between the U.S. and Europe are diverging.

13 The risks that exist in Global Cultures can be divided into groups. The risks that exist in global cultures can be divided into two major groups: Economic risks and Political risk exist in all cultures. There is some risk when companies move their business. Small and mid-size companies hesitate to venture overseas because so much is unfamiliar, the language-the culture. Many look to foreign countries for critical functions like sales and operations. Business leaders must understand the fundamentals that pertain to all markets. “Product related characteristics also may influence the location decision.

14 The risks that exist in global cultures can be divided. The production technology used to manufacture the goods also may affect location decision. Government policies also may play a role in the location decision: (Griffin, RW, Pustay, MW. Pg. 495-496-497) “The Economic risks/exposure deserves close attention from the firm’s highest policy makers because it affects virtually every area of operations, including global production, marketing, and financial planning”. (Griffin, RW, Pustay, MW. pg. 531).

15 Language plays a part when interacting with a diversity of people from difference cultures. Language plays a part when interacting with a diversity of people from difference cultures. “Language organizes the way members of a society think about the world. Language diversity suggests differences in income, work ethic, and educational achievement.

16 Language plays a part when interacting with a diversity of people from difference cultures. Also to conduct business, international business people must be able to communicate”. “In some culture the English language has been adopted as an official language to facilitate communication among diverse groups. Liberia is a case in point.

17 Language plays a part when interacting with a diversity of people from difference cultures. Translators are used as another form of communicating. Mis-communication can occur between people and different cultures. According to the international business environment, culture collection of values, beliefs, behaviors, customs, and attitudes that distinguish and define a society”. (Griffin, RW, Pustay, MW. pg. 627)

18 Language plays a part when interacting with a diversity of people from difference cultures. “The difference in cultures do exists, successful international business people traveling abroad must remember that they are the foreigners and must attempts to behave according to the rules of the culture at hand”. (Griffin, RW, Pustay, MW. pg. 111)

19 Language plays a part when interacting with a diversity of people from difference cultures. International trade with in different cultures is one of the hottest industries of the new millennium. Trade exists because one group or country has a supply of some commodity or merchandise that is in demand by another. Trade between cultures and countries have existed through time. Advances in technology have made international trade more accessible.

20 Language plays a part when interacting with a diversity of people from difference cultures. Materials, labor, capital or technology is an important reason for going international. Business people would seek foreign sources to obtain products or services that are not available locally. International expansion occurs when revenue and profit growth is difficult to generate.

21 Women and men are in every industry. According to the Wall Street Journal written by Barbara Marsh; “In many foreign countries, business is still more of a man’s world than in the U. S., and women face problems being accepted as professionals. This leads to cultural conflicts that can be hard to handle when an American businesswoman is on an unfamiliar turf and doesn’t know the rules.

22 International business experts say that barriers still remain high in many foreign countries. And cultural differences on sex roles often compound the difficulties for American women entrepreneurs. Cultural taboos in conservative countries make doing business unusually challenging for American women. Religious law forbids women from mixing with unrelated men. Some laws request that American businesswomen leave the premises of an officially sponsored trade show–and the women complied”. (Barbara Marsh)

23 Global Culture is an in discriminately necessary tool; it provides understanding and development for all people. Liberia must remain a 21 st century participant. Language plays a part when interacting with a diversity of people from difference cultures. Global cultures can lead to positive changes and will ensure opportunity to benefit from globalization. Economic and Political risk exits in all cultures. By providing social responsibility it will show signs of better businesses and integration into various cultures. The difference cultures consist of culture and ethnic values, church, government, and economics.

24 References Griffin, RW, Pustay, MW. International Business Environment. Upper Saddle River, New Jersey. Fourth Edition 2005. Pages 72, 88, 90, 111, 495-497, 531, 627. Marsh, B. Wall Street Journal. (Eastern edition). New York, N.Y.: Oct 16, 1992. Pg. PAGER.2 Crenshaw A.B. The Washington Post (pre-1997 Fulltext). Washington, D.C. October 3, 1990. Pg. F.01 Handelman, H. Sociology of Developing Countries. Pearson Education, Second Custom Edition 2006. Pages 29, 30. Dr. Sirleaf, A. M.D. Professor of Blacology Research and Development Institute, Inc. Post Conflict Liberia’s Economic:


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