Globalization has increased tremendously as a result of technological improvements and, more importantly, dramatic changes in the global political climate. On the surface, one might assume that there are financial implications of such a shift. What might these be? What effects has globalization had on government organizations? This week, you consider the financial implications of globalization to government organizations. You also reflect on your learning in this course.

Required Readings

Mikesell, J. L. (2018).
Fiscal administration: Analysis and applications for the public sector (10th ed.). Boston, MA: Wadsworth.

• Chapter 2, “The Logic of the Budget Process” (pp. 44-97)

St. John, E. P. (2013). Social justice & globalization.
Harvard International Review,
35(1), 45–49.

Retrieved from the Walden Library databases.

Yale Center for the Study of Globalization. (2013). Retrieved from
https://ycsg.yale.edu/

Discussion 1: Financial Effects of Globalization

In recent decades, the emergence of global economic, political, environmental, and cultural interconnections has greatly impacted people, companies, and nations regionally and in different parts of the world. Consider, for instance, the following mission statement: “Partnerships International, Inc. periodically brings together industry and government in a collegial and informative setting in order to enhance the U.S.’s abilities and presence throughout the global marketplace, and to promote our continuous growth and development in that competitive, demanding and dynamic environment” (Partnerships International, Inc., 2014). There are financial implications associated with the emergence of global partnerships and globalization in general. In this Discussion, you consider some of these.

With these thoughts in mind:

By Day 3

Post an explanation of the financial benefits and limitations of global partnerships. Provide specific evidence of one positive or one negative impact of globalization on a government organization.

Be sure to support your posting and responses with specific references to the Learning Resources.

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