Research Paper on "How Will Today's Global Economy Affect My Future?"

Research Paper 4 pages (1211 words) Sources: 4

[EXCERPT] . . . .

Global Economy Affect My Future

The continual uncertainty of global economies presents exceptional opportunities for those prepared to move quickly, with intelligence and insight, to accomplish their goals and objectives. There is an abundance of negativity and doom surrounding the future of global economies (Quiggin, 355). What's missing is a roadmap, a compass, of how to better navigate economic uncertainty by relying more than ever on insight, intelligence, knowedlge and a passion to continually improve and learn over time. From a personal standpoint of studying forensic science during my academic career, it becomes increasingly clear that the only assurance and employment guarantees are not going to emanate from organizations or institutions, they must begin with my commitment to always improve, continually learn and stay current. The intent of this paper is to define how the global economy will impact my future at a personal level.

A Call To Lifelong Learning Disguised as Market Turbulence

This year, 2011, began to showed just how fragile the global economy is, and how quick citizens of many nations are to take to the streets and make their voice heard. From the Arab Spring that led to Egypt creating their own democracy to the Occupy Wall Street movement in the United States, the unifying theme of all these events is citizens' dissatisfaction with the distribution of income and wealth. Aside from the political arguments for or against these movements, they do bring into bold relief just how critical it is for each person to take total responsibility for their learning and earning potential today, not wait for any institution or government to help them. The global economy is more turbulent than ever with the balance of economic power in question. The U.S. has a very slow GDP growth rate of below 3% while China is achieving a 10%+ growth rate on GDP

(Dees, Saint-guilhem, 473). For U.S. consumers this translates into much higher levels of inflation and uncertainly of future economic growth. For the Chinese, the overall direction of their country to being the global manufacturing and production leader, which will mean that the basic production management and manufacturing skills will be in the most demand. In the U.S., the pockets of economic growth will increasingly demand a very high level of specialization and knowledge. What this means for the average American is that insight, intelligence, a passion for knowledge and learning has never been more crucial to sustaining and growing their incomes. The popular media continues to hail the advances in China and India with regard to those nations advancing with science and math (Ramirez, et.al.). Some Americans are starting to give up and cede the global leadership role in these science areas of these emerging nations. Yet if they could only see that excelling in math, science and the other physical sciences and more challenging academic disciplines is actually a path to earning a decent salary and earning something the majority fo the world doesn't have -- and that is freedom to have a life they want. One of the main factors in choosing a career in forensic science was that it allow me to continually excel in an area of advanced sciences I find fascinating and will have the passion to continually excel at.

The global economic condition easily inspires fear and anxiety in students especially who are attempting to get their first career positions. The unkind comparisons of American students to their Chinese and Indian counterparts doesn't help to inspire Americans to have confidence in their abilities either (Ramirez, et.al.). Yet instead of taking a negative perspective of their futures, American students need to… READ MORE

How to Reference "How Will Today's Global Economy Affect My Future?" Research Paper in a Bibliography

Related Research Papers:

Global Corporate Finance Term Paper

Global Corporate Finance

With the breakdown of the Soviet Union and the apparition of new states on the world map, correlated with strong economic developments in countries formerly categorized as… read more

Term Paper 7 pages (1983 words) Sources: 4 Style: APA Topic: Economics / Finance / Banking

---

Global Warming. The Reality Thesis

global warming. The reality of global warming has raised alarm bells as well as intensive debate in many sectors of contemporary society. The implications of global warming and climate change… read more

Thesis 10 pages (3440 words) Sources: 3 Style: MLA Topic: Weather / Climate / Meteorology

---

Challenges to Managing Multi Cultural Teams Thesis

ABSTRACT

When an individual does not effectively resolve challenges that arise when managing a multi-cultural team, the team's effectiveness, as well as needed advancements, may be compromised. This research paper,… read more

Thesis 11 pages (3127 words) Sources: 12 Style: APA Topic: Management / Organizations

---

College Worth It?' Weighs on Local Students Research Paper

college worth it?' weighs on local students.

The Press Democrat. Jeremy Hay, May 18, 2013.

Ever since the post-Second World War era, a college education has been the traditional path… read more

Research Paper 9 pages (2549 words) Sources: 9 Topic: Education / Teaching / Learning

---

Global Warming: All Hyped Up With Nowhere Term Paper

Global Warming: All Hyped Up With Nowhere to Go

Flow of Information

What is global warming?

Those who believe it

Those who don't believe it

Global warming discussions have been… read more

Term Paper 20 pages (5455 words) Sources: 10 Topic: Weather / Climate / Meteorology

---

View 100+ more related papers  >>