Reflection and Application of Concepts Paper: The concepts of globalization and neoliberalism.

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The concepts of globalization and neoliberalism.

Economic globalization refers to the rising interconnectedness of global economic systems due to increased cross-border exchange in goods and services, the inflow of multinational money, and the broad and fast diffusion of innovations. It symbolizes the ongoing development and reciprocal incorporation of commercial borders, and it is an irrevocable tendency for global macroeconomic expansion at the millennium’s approach. The importance of data in all forms of constructive operations and commoditization are the two fundamental propelling factors behind economic globalization. In other phrases, the current fast internationalization of the world’s economic systems is primarily predicated on the fast advancement of scientific knowledge and technology, has occurred from surroundings in that the trading economic framework has been rapidly expanding across the universe, and has been established on the grounds of expanding cross-border division of labor force that has permeated down to the standard of output chain system within businesses of various nations. The growth of sciences and technology has considerably decreased the cost of transport and communications, allowing economic globalization to become a reality. Globalization supporters have stressed the possibility for improved healthcare as a result of increasing commerce and financial development, which leads to less deprivation and higher funding for investment in critical health factors such as health care facilities, training, and gender-equality initiatives (Spiegel, Ostry & Labonte, 2013).

Neoliberalism, also known as neoliberalism, refers to the 20th-century revival of 19th-century principles connected with unrestricted-market economy. This is typically correlated with financial democratization initiatives such as centralization, financialization, internationalization, free markets, deficit diminution, and cutbacks in governmental expenditure in order to enhance the function of the corporate market segment in the economic system and social system; notwithstanding, the delineating characteristics of neoliberalism in both the cautious and libertarian associations, political coalitions, and other research organizations. Because of their focus on the open economy instead of access to healthcare, neoliberal policies cause profound alterations in healthcare institutions worldwide. Because of their higher healthcare demands and poorer financial circumstances, persons with impairments may be disproportionately harmed by such measures (Baru, 2018).

The assumptions about global health.

There is a considerable lot of theoretical ambiguity in the study of neoliberalism and the health sector. A cursory examination reveals that they place a greater emphasis on neoliberalism as a dominant conceptual agenda. Numerous analyses have focused on how neoliberalism policy mechanisms have resulted in the development of marketplaces in the industrial and societal spheres. In the instance of the health system, this has involved reorganizing the government sector by incorporating market concepts and lowering the obstacles to financial flows to reinvest in for profitable operations. The privatization of healthcare facilities was one of the most significant prominent consequences of neoliberal policy. Over time, non-profit organizations began to think and act increasingly like for-profit organizations. This shift in perspective has significant implications for the provision, accessibility, pricing, appropriateness, and effectiveness of health care services. Over the last two centuries, one of the detrimental consequences of globalization in both rich and emerging nations has been the development of accessibility inequities.

Since the introduction of neoliberalism and globalization, the cost of health care has disproportionately impacted the lowest class and laboring populations.  As a result, women ‘s bodies became the primary site of societal regulation, which has severe implications for reproductive decisions and reproduction wellness and liberties. The union of neoliberal, conservative ideologies and theological fundamentalisms has culminated in the regulation of female bodies and resulted in the regression of hard-won health and gendered equality freedoms in various regions of the globe.

Why the concepts and assumptions matter

These concepts matter a lot since they focus on the impact of socioeconomic factors of wellness in causing health inequality and inequities in the United States. Based on a substantial study by a diverse group of scholars, global healthcare specialists, and healthcare professionals, the research examines how wealth and race can have a more substantial effect on one’s medical consequences than heredity or individual conduct (Adeline, 2006). According to Cristine and Smith in the film in sickness and in wealth, the first hour of the program provides a conceptual foundation for comprehending the role of social factors of wellness in the creation of health disparities in the United States. The episode begins with a discussion of the United States’ substandard health statistical data in comparison to other rich and powerful developed nations, followed by research from Michael Marmot’s Whitehall studies, which discovered that medical condition and riches correspond on a constant gradient from impoverished to rich (Unnatural Causes: Is Inequality Making us Sick, n.d.). To explain why this gradient occurs, the study examines the detrimental health impacts of persistent anxiety as well as indications suggesting those on the lowest end of the social range are more vulnerable to destructive stress. These concepts and assumptions matter since they help us to determine how negatively impacted the health sector. It is evident that globalization has resulted in poor service delivery in healthcare centers because wealthy individuals have higher accessibility to these services. However, the improvised individuals have poor access, and to some extent, they are denied their rights to access medical attention.  

How this new knowledge affects my personal and professional actions moving forward.

By gaining an in-depth understanding of the effects of globalization, I will have efficient and practical skills in management and supervision. Globalization, which has increased managerial expertise, has created difficulties for administrators and directors. One of them is the hardship of illness and its treatment. Increased travels and abolishing boundaries, globalization has resulted in an upsurge in viral illnesses like AIDS, SARS, medication susceptibility and noncommunicable illnesses, and chronic disorders. By having practical managerial and supervisory skills, I can utilize this knowledge to reduce the spread of diseases and contagious agents due to open boundaries and open interactions at the global, national, and also at healthcare levels. This knowledge can also help in determining the negatively impacted populations. In developing nations such as Africa, a shortage of nutritious meals and water leads to a significant death percentage and a significant birth percentage, causing the poor to get impoverished and the wealthy to become wealthier (Allan & Mylie, 2015). After determining the disadvantaged populations, I can be able to come up with programs to extend free medical services to them and also to help them with basic needs. I can also utilize this knowledge in bringing to halt discrimination and inequalities in the healthcare system. Encouraging fairness in the healthcare system can help create a healthy community since no one is limited in accessing medical attention, including the marginalized communities.

References

Adeline Falk-Rafael. (2006). Globalization and global health: Toward nursing praxis in the global community. PubMed.

Billie Allan, & Janet Smylie. (2015). First Peoples, second class treatment: The role of racism in the health and well-being of Indigenous Peoples in Canada. The Homeless Hub. https://homelesshub.ca/resource/first-peoples-second-class-treatment-role-racism-health-and-well-being-indigenous-peoples

Jerry M. Spiegel,, Aleck S. Ostry, & Ronald Labonte. (2013, 19). Understanding “Globalization” as a determinant of health determinants: A critical perspective. Taylor & Francis. https://www.tandfonline.com/doi/abs/10.1179/oeh.2004.10.4.360

Rama V. Baru. (2018, October 9). Globalization and neoliberalism as structural drivers of health inequities. Health Research Policy and Systems. https://health-policy-systems.biomedcentral.com/articles/10.1186/s12961-018-0365-2

Unnatural Causes: Is Inequality Making us Sick? (n.d.). UNNATURAL CAUSES | CALIFORNIA NEWSREEL. https://unnaturalcauses.org/episode_descriptions.php?page=2


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