Need for the study Essay

Empirical studies about the wallop of globalization on Belize ar rare. This paper studies the economic maturation of Belize in the light of globalization, privatization and economic liberalization. It studies how beneficial the economy has been to the people after the coal scuttle of the economy. It perceives and looks at the performance of BTL and its role in contributing to the development of the country. inquiry Questions The following interrogation questions are asked in this paper 1. How has globalization impact the economic development of Belize?2. How has globalization affected the welfare of its people? 3. How has globalization affected the achiever of the dominant telecommunications company BTL? Purpose of the Study The research methodology is the set of processes apply to collect and analyze data. Research methodology is defined as a twistd set of guidelines or activities to take to heart in generating valid and reliable research results. This part describes the research methods and procedures used to obtain and analyze data in this study.Research design reflects the structure of the research project and provides the means of collecting suitable data to dissolve the research questions. This paper seeks to identify the social, political, economic and cultural issues and outcomes which train emerged from globalization in Belize. It reviews the telecommunication sector of the country by looking at the reports of BTL. It studies the performance of the BTL. It highlights the achievements and failures of the company. It researches and examines the companys services in the light of the political sciences telecommunication industry.A detailed abstract is conducted about the success and failure of globalization in Belize by using studies which provide analysis on the economic performance of the country. Finally the study uses research existent to examine the globalization success or failure in Belize as compared with its neighbors. The impact o f telecommunications industry in the light of globalization is studied and researched extensively in the paper. Literature Review Belize is a Central American assert which became independent in the early 1980s.The country has a multicultural bon ton with various ethnic and racial groups. The country has pursued an economic polity which is dependant on free trade and foreign investment. Agriculture exports hold in the majority of the countrys exports. An estimated one hundred and eighty five dollar bill American companies have invested in the countrys infrastructure and telecommunications sector. With a population of three hundred thousand people, the government continues to invest in developing the infrastructure of the country (Neuman 26, 2003).The country enjoys decent standards of living with relatively stable electrical, telephone, and water infrastructure. However major roads of the country are hampered by lack of development. Belize City and Dangriga are the important sea ports which encompass shipping arriving from the United States of America. All major international airlines provide unshakable flights to the country. Belize has embarked upon a program of economic liberalization which includes a fifteen jillion dollar electricity program (Neuman 27, 2003).Estimated twenty million dollars funds have also been received from the Inter American Development Bank. This money ordain be used to invest in social sectors and services. Another ii million dollars have been collected to invest in poverty reducing programs. Another major investment project is the Agricultural Health regurgitate which seeks to modernize the agricultural production and distribution sector. Brazil has provided assistance for the development of soybean in the country. The aim of the government has been to diversify its agricultural exports and precipitate reliance on the export of sugar cane.