Browsing by Author "Akullu, Stella"

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    (Neo)-Colonialism, globalised modernisation and global energy and environment: A review of available opportunities and their threats to globalisation
    (International Journal of Social Science and Humanities Research, 2021) Adoko, Tom; Agech, Patrick; Ekwang, Daniel; Eron, Gilbert; Akullu, Stella; Nakiru, Roselyn; Mwesigwa, David
    This review looks at three issues which are key to the process of globalisation, namely; colonialism, modernization, energy and environment. The benefits of globalised colonialism, though very weak, may include a few of the following, viz: Increasing knowledge sharing, research, and skills; providing platforms for mutual support, and benefits to synergize at various levels; encouraging multi-cultural contributions at different levels; fostering global citizenship for greater harmony; promoting multiculturalism and acceptance to cultural diversity; facilitating multi ways communications and interactions; promoting self-employment, digital entrepreneurship, and outreach; and giving voice to everyone by promoting common language. On the contrary, the notable negative impacts of globalised colonialism include: increasing the technological gaps and digital divides; creating more legitimate opportunities for electronic colonialism; exploiting local resources and destroying local/ indigenous cultures; increasing inequalities, conflicts, and clashes; promoting cultural imperialism; strengthening a symmetrical communication, facilitating haves; contributing to jobless growth and promoting outsourcing; and, it is promoting voiceless growth and language imperialism. It important to note that energy is a driving factor in the world economic development, World energy consumption contributes to pollution and environmental deterioration and global house emissions which therefore calls upon world economist and politicians to set environmental regulations. It’s also crucial to transform the current energy systems with a transition to renewable source and their efficient use. For example, globalized modernization has today has become a major sort of debate among academicians, policy makers and NGOs. Finally, our review notes the various merits of globalized modernization over weighs its demerit hence digital migration and modernization should be embraced by all.
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    Structuring the Global Economy: A Review
    (International Journal of Social Science and Humanities Research, 2021) Ongom, Emmanuel; Otim, Emmanuel Clement; Ogwal, Jimmy; Omonya, Mapius; Nakiru, Roselyn; Akullu, Stella; Owa, Kenneth; Onyek, Patrick; Ogwal, Patrick; Aceng, Fiona; Mwesigwa, David
    This study covers a review of two global issues, namely; global inflation and labour issues and the emerging global markets. The two are so significant that their impact on the overall global economy is significant in a number of aspects as presented in the text. Our review suggests that inflation will make borrowers better off and lenders worse off. Inflation reduces the value of savings, especially if the savings are in the form of cash or bank account with a very low – interest rate. Too much inflation is bad for the economy while too little also is harmful. So, the middle ground of 2% per year is good, higher inflation harm savers because it erodes purchasing power of money saved though this is good for borrowers because it adjusts the value of their outstanding debts. Therefore, globalization requires increasingly integrated and holistic approaches, taking into account the changes in the world of work and the advent of new risks and opportunities merging the traditional technical and medical with the social, psychological, economical and legal areas. To protect and enhance the health of people in the workplace in the worldwide economy, practical strategies have to be worked out to make decent work become reality. To achieve the goals of the core labour standards, we must utilize a three-pillar strategy. The three key aspects of this strategy are national and international organizations such as the ILO and the WHO, corporations, and public-private partnerships. Much of the responsibility for promoting a health in the workplace lies with the companies themselves; this calls for a healthy workplace within the company. The outcomes are vital to both academics and global policy makers and analysts.