This document discusses various taxes in India and provides an overview of the Goods and Services Tax (GST). It states that currently, excise duty is levied by the central government on manufacturing, service tax is levied by the central government on services, VAT is levied by state governments, and CST is levied by state governments for inter-state sales. It then explains that GST is a comprehensive tax levied on the production and trading of goods as well as the provision of services, with the goal of eliminating cascading taxes and reducing tax evasion. Finally, it briefly discusses the expected impact of GST on various sectors such as telecom, banking, automobiles, media, pharmaceuticals, and real
This presentation discusses India's proposed Goods and Services Tax (GST). It provides examples of how GST would be calculated at different stages of production and distribution under the proposed model. The proposed GST rates are outlined for goods, services, and essential goods. International examples of GST rates in other countries are shown. The benefits of implementing GST in India are described, including simplifying the current indirect tax structure. Potential impacts of GST on the banking and insurance sectors are discussed. Some flaws of the proposed GST model are also noted, such as local dealers having to pay both central and state GST.
HMRC issued a brief setting out its unchanged policy on VAT recovery by holding companies, requiring a direct link between input VAT and taxable supplies. HMRC has also revised its guidance on VAT and holding companies. With less than a week until October 1st, HMRC still has not published information on registering for the Mini-One-Stop-Shop (MOSS) system for collecting VAT on digital services supplied to EU customers, which takes effect January 1st, 2015. Businesses need to register under MOSS well before this date.
The transfer of a business between legal entities is generally treated as the 'transfer of a going concern' (TOGC). In such cases, the transfer is ignored for VAT purposes as if there is no supply when the assets are transferred.
Hitherto, HMRC did not accept that the transfer of a business in or out of a VAT group could qualify as a TOGC where the business was conducted solely within the VAT group.
The case of Intelligent Managed Services Ltd challenged that view at the Upper Tribunal and the company was successful in its appeal.
The document provides an overview of the Goods and Services Tax (GST) system that is being implemented in India. It discusses how GST will replace multiple existing indirect taxes and create a single, unified tax system. Under GST, tax will be charged on value addition at each stage of production and distribution. This is expected to benefit customers through lower prices, businesses through cost reductions and efficiency gains, and the government through improved tax collection and compliance. The document also provides examples of how GST will work for intra-state and inter-state transactions.
Goods transport agencies providing transportation of goods by road are required to register under GST if their annual turnover exceeds 20 lakh rupees. They must generate an e-way bill for movement of goods valued over 50,000 rupees and maintain records like consignment notes as proof of transport. Transportation charges attract a 5% GST rate without input tax credit or 18% with full input tax credit. Registered transporters must file regular returns detailing supplies and pay tax amounts by specified due dates.
GTA refers to a goods transport agency that provides transportation of goods by road and issues a consignment note. A GTA must register under GST if its annual aggregate turnover exceeds Rs. 20 lakhs, except when exclusively transporting goods where the recipient is liable to pay tax under reverse charge. The recipient is liable to pay tax under reverse charge for certain specified persons. A GTA can opt for a 12% GST rate with input tax credit or a 5% rate without input tax credit, where the option must be chosen at the start of the financial year. The place of supply for GTA services is either the location of the recipient if registered, or where the goods are handed over if the recipient is
This document discusses various taxes in India and provides an overview of the Goods and Services Tax (GST). It states that currently, excise duty is levied by the central government on manufacturing, service tax is levied by the central government on services, VAT is levied by state governments, and CST is levied by state governments for inter-state sales. It then explains that GST is a comprehensive tax levied on the production and trading of goods as well as the provision of services, with the goal of eliminating cascading taxes and reducing tax evasion. Finally, it briefly discusses the expected impact of GST on various sectors such as telecom, banking, automobiles, media, pharmaceuticals, and real
This presentation discusses India's proposed Goods and Services Tax (GST). It provides examples of how GST would be calculated at different stages of production and distribution under the proposed model. The proposed GST rates are outlined for goods, services, and essential goods. International examples of GST rates in other countries are shown. The benefits of implementing GST in India are described, including simplifying the current indirect tax structure. Potential impacts of GST on the banking and insurance sectors are discussed. Some flaws of the proposed GST model are also noted, such as local dealers having to pay both central and state GST.
HMRC issued a brief setting out its unchanged policy on VAT recovery by holding companies, requiring a direct link between input VAT and taxable supplies. HMRC has also revised its guidance on VAT and holding companies. With less than a week until October 1st, HMRC still has not published information on registering for the Mini-One-Stop-Shop (MOSS) system for collecting VAT on digital services supplied to EU customers, which takes effect January 1st, 2015. Businesses need to register under MOSS well before this date.
The transfer of a business between legal entities is generally treated as the 'transfer of a going concern' (TOGC). In such cases, the transfer is ignored for VAT purposes as if there is no supply when the assets are transferred.
Hitherto, HMRC did not accept that the transfer of a business in or out of a VAT group could qualify as a TOGC where the business was conducted solely within the VAT group.
The case of Intelligent Managed Services Ltd challenged that view at the Upper Tribunal and the company was successful in its appeal.
The document provides an overview of the Goods and Services Tax (GST) system that is being implemented in India. It discusses how GST will replace multiple existing indirect taxes and create a single, unified tax system. Under GST, tax will be charged on value addition at each stage of production and distribution. This is expected to benefit customers through lower prices, businesses through cost reductions and efficiency gains, and the government through improved tax collection and compliance. The document also provides examples of how GST will work for intra-state and inter-state transactions.
Goods transport agencies providing transportation of goods by road are required to register under GST if their annual turnover exceeds 20 lakh rupees. They must generate an e-way bill for movement of goods valued over 50,000 rupees and maintain records like consignment notes as proof of transport. Transportation charges attract a 5% GST rate without input tax credit or 18% with full input tax credit. Registered transporters must file regular returns detailing supplies and pay tax amounts by specified due dates.
GTA refers to a goods transport agency that provides transportation of goods by road and issues a consignment note. A GTA must register under GST if its annual aggregate turnover exceeds Rs. 20 lakhs, except when exclusively transporting goods where the recipient is liable to pay tax under reverse charge. The recipient is liable to pay tax under reverse charge for certain specified persons. A GTA can opt for a 12% GST rate with input tax credit or a 5% rate without input tax credit, where the option must be chosen at the start of the financial year. The place of supply for GTA services is either the location of the recipient if registered, or where the goods are handed over if the recipient is
The Court of Appeal ruled that HMRC has the power to offset a previous overclaim of input tax against an overpayment of output tax, even if the normal time limits would bar it. The case involved Birmingham Hippodrome Theatre, which had incorrectly accounted for and paid output tax on exempt box office receipts between 2000-2001. It also claimed input tax on refurbishment works. The Court ruled that HMRC could offset the input tax claimed in error against the theatre's claim for repayment of overpaid output tax, as both errors stemmed from the same original mistake regarding the VAT treatment of box office receipts. This outcome prevents unjust enrichment of the theatre by putting it in the position it would have been in had VAT
The document discusses the impact of the Goods and Services Tax (GST) on India's logistics sector. It notes that GST will eliminate the tax-on-tax regime and make tax a non-factor in supply chain decisions. This will allow companies to consolidate warehouses across states, reducing costs. The logistics sector is estimated to see a 10-15% reduction in costs. Companies will need to redesign distribution networks and adapt pricing, warehousing, and purchasing strategies to take advantage of the opportunities presented by GST.
The finance minister presented the budget for the seventh time. Some key points from the budget include:
1) Income tax exemption limit was raised to Rs. 2 lakh and tax rates were set from 10-30% for different income brackets.
2) Interest up to Rs. 10,000 from savings accounts will be tax exempt.
3) The age limit for senior citizen tax benefits was reduced to 60 from 65.
4) Service tax rate was increased from 10.3% to 12.3%.
This document provides an overview of the Goods and Services Tax (GST) implemented in India. It discusses key aspects of GST including:
- GST unifies multiple indirect taxes into a single tax applied to the manufacture and sale of goods and the provision of services.
- It consists of three types of taxes - Central GST, State GST, and Integrated GST for inter-state transactions.
- GST subsumes many central and state taxes such as excise duty, VAT, service tax, etc.
- Under GST, taxes will be levied at both the central and state level for intra-state transactions, while inter-state transactions will be taxed under
Summarised and Simplified Presentation on GST.Suitable for school/college projects and various vocational courses like CA ITT training programmes.
Summaried presenation covering broad aspects of NEED FOR GST,GST DEFINITION AND SCOPE OF GST IN TERMS OF SUPPLY AND TAXABLE PERSONS.
Source:INTERNETN
This document summarizes the changes to EU VAT regulations for digital services that will take effect on January 1, 2015. Under the new rules, VAT will be collected based on the location of the consumer rather than the service provider. This will require e-commerce merchants to identify each customer's country, apply the correct local VAT rate, and remit VAT payments through a new Mini One Stop Shop system. Non-compliance could result in fines, legal restrictions, or an inability to expand business into other EU countries. Merchants are advised to start planning now to understand how these changes may impact their business.
The document summarizes changes to the place of supply rules for telecommunications, broadcasting, and electronic services that take effect on January 1, 2015. Specifically, the place of supply will be determined by where the business customer is established rather than the supplier's location. Suppliers must implement systems to capture customer location data and comply with the tax rules in each European Union member state where they have customers. Businesses affected by these changes have significant work to do before the January 2015 deadline to update their systems and processes.
GST (Goods and Services Tax) will replace existing indirect taxes in India. It will combine taxes levied by central and state governments. GST is expected to simplify and standardize the tax system while reducing costs for businesses. The tax is levied at each stage of supply but businesses can claim credits for taxes paid on previous purchases. This allows fair pricing while reducing instances of double taxation. The GST rate in India is still being decided but will likely have multiple slabs for essential and luxury goods.
This document analyzes the actual and projected revenue impact of ISMS (International Short Message Service) on a mobile operator for the months of June and July.
For June: In the actual scenario, revenue was $217.42 while expenditure was $369.47, resulting in a 70% higher expenditure than revenue. Projections estimated revenue of $420.23 and expenditure of $393.14, resulting in 6% higher revenue.
For July: The actual scenario showed revenue of $119.01 and expenditure of $397.24, resulting in 234% higher expenditure. Projections estimated revenue of $321.72 and expenditure of $420.11, reducing the expenditure difference to 31%.
Ex
Marketing research involves identifying problems or opportunities, collecting data through various methods, analyzing the information, and disseminating the results to aid in decision making. There are two main types: problem identification research looks at potential future issues, like market trends or forecasts, while problem solving research addresses existing problems or opportunities, such as improving segmentation, products, pricing, or distribution strategies.
This document discusses various digital marketing tools, including search engine optimization, search engine marketing, content marketing, video marketing, email marketing, social media marketing, ephemeral marketing, remarketing, influencer marketing, online PR, and marketing automation. It provides brief definitions and explanations of each tool, highlighting their uses in promoting products, services, and brands online through both organic and paid methods.
The document outlines different types of customer needs: stated needs are what customers explicitly ask for, real needs cover what stated needs actually represent, unstated needs are what customers expect but do not request, delight needs would please customers if provided unexpectedly, and secret needs are those customers do not express.
Marketing involves creating products and services with value for customers, communicating information about those offerings to potential buyers, and distributing and exchanging them at an established price. The goal of marketing is to match what companies can provide with what customers want to buy.
The 4A's of Marketing document outlines four key factors - Acceptability, Affordability, Accessibility, and Awareness - that determine customer value from a product or service. Acceptability refers to a product meeting customer needs and expectations. Affordability means customers can afford and are willing to pay for a product. Accessibility is when customers can easily buy and use a product. Awareness is when customers have enough information about a product's features, benefits, and brand.
Neeti Gupta is a data scientist with over 5 years of experience in machine learning and artificial intelligence. She has a PhD in Computer Science from Stanford University where she focused on natural language processing. Her research interests include deep learning, computer vision, and reinforcement learning.
Neeti Gupta is a student at the University of Delhi studying computer science. She is passionate about coding and hopes to one day work as a software engineer at a major tech company. In her spare time, Neeti enjoys reading, playing basketball, and spending time with friends and family.
This document outlines four management approaches: the classical approach focuses on cutting costs and increasing profits with no concern for employees; the quantitative approach takes a systems view and uses numbers/statistics; the behavioural approach considers the importance of humans; and the contemporary approach acts according to the situation and is contingent on factors.
This document provides guidance on preparing for and having a successful job interview. It outlines the steps to take before, during, and after an interview including doing research on the company and job, practicing answers to common questions, dressing professionally, maintaining good body language and communication, and following up after the interview. The key messages are to present yourself with confidence, prepare thoroughly by researching the opportunity and practicing your responses, and make a strong first impression through your appearance, demeanor and how you conduct yourself.
The Court of Appeal ruled that HMRC has the power to offset a previous overclaim of input tax against an overpayment of output tax, even if the normal time limits would bar it. The case involved Birmingham Hippodrome Theatre, which had incorrectly accounted for and paid output tax on exempt box office receipts between 2000-2001. It also claimed input tax on refurbishment works. The Court ruled that HMRC could offset the input tax claimed in error against the theatre's claim for repayment of overpaid output tax, as both errors stemmed from the same original mistake regarding the VAT treatment of box office receipts. This outcome prevents unjust enrichment of the theatre by putting it in the position it would have been in had VAT
The document discusses the impact of the Goods and Services Tax (GST) on India's logistics sector. It notes that GST will eliminate the tax-on-tax regime and make tax a non-factor in supply chain decisions. This will allow companies to consolidate warehouses across states, reducing costs. The logistics sector is estimated to see a 10-15% reduction in costs. Companies will need to redesign distribution networks and adapt pricing, warehousing, and purchasing strategies to take advantage of the opportunities presented by GST.
The finance minister presented the budget for the seventh time. Some key points from the budget include:
1) Income tax exemption limit was raised to Rs. 2 lakh and tax rates were set from 10-30% for different income brackets.
2) Interest up to Rs. 10,000 from savings accounts will be tax exempt.
3) The age limit for senior citizen tax benefits was reduced to 60 from 65.
4) Service tax rate was increased from 10.3% to 12.3%.
This document provides an overview of the Goods and Services Tax (GST) implemented in India. It discusses key aspects of GST including:
- GST unifies multiple indirect taxes into a single tax applied to the manufacture and sale of goods and the provision of services.
- It consists of three types of taxes - Central GST, State GST, and Integrated GST for inter-state transactions.
- GST subsumes many central and state taxes such as excise duty, VAT, service tax, etc.
- Under GST, taxes will be levied at both the central and state level for intra-state transactions, while inter-state transactions will be taxed under
Summarised and Simplified Presentation on GST.Suitable for school/college projects and various vocational courses like CA ITT training programmes.
Summaried presenation covering broad aspects of NEED FOR GST,GST DEFINITION AND SCOPE OF GST IN TERMS OF SUPPLY AND TAXABLE PERSONS.
Source:INTERNETN
This document summarizes the changes to EU VAT regulations for digital services that will take effect on January 1, 2015. Under the new rules, VAT will be collected based on the location of the consumer rather than the service provider. This will require e-commerce merchants to identify each customer's country, apply the correct local VAT rate, and remit VAT payments through a new Mini One Stop Shop system. Non-compliance could result in fines, legal restrictions, or an inability to expand business into other EU countries. Merchants are advised to start planning now to understand how these changes may impact their business.
The document summarizes changes to the place of supply rules for telecommunications, broadcasting, and electronic services that take effect on January 1, 2015. Specifically, the place of supply will be determined by where the business customer is established rather than the supplier's location. Suppliers must implement systems to capture customer location data and comply with the tax rules in each European Union member state where they have customers. Businesses affected by these changes have significant work to do before the January 2015 deadline to update their systems and processes.
GST (Goods and Services Tax) will replace existing indirect taxes in India. It will combine taxes levied by central and state governments. GST is expected to simplify and standardize the tax system while reducing costs for businesses. The tax is levied at each stage of supply but businesses can claim credits for taxes paid on previous purchases. This allows fair pricing while reducing instances of double taxation. The GST rate in India is still being decided but will likely have multiple slabs for essential and luxury goods.
This document analyzes the actual and projected revenue impact of ISMS (International Short Message Service) on a mobile operator for the months of June and July.
For June: In the actual scenario, revenue was $217.42 while expenditure was $369.47, resulting in a 70% higher expenditure than revenue. Projections estimated revenue of $420.23 and expenditure of $393.14, resulting in 6% higher revenue.
For July: The actual scenario showed revenue of $119.01 and expenditure of $397.24, resulting in 234% higher expenditure. Projections estimated revenue of $321.72 and expenditure of $420.11, reducing the expenditure difference to 31%.
Ex
Marketing research involves identifying problems or opportunities, collecting data through various methods, analyzing the information, and disseminating the results to aid in decision making. There are two main types: problem identification research looks at potential future issues, like market trends or forecasts, while problem solving research addresses existing problems or opportunities, such as improving segmentation, products, pricing, or distribution strategies.
This document discusses various digital marketing tools, including search engine optimization, search engine marketing, content marketing, video marketing, email marketing, social media marketing, ephemeral marketing, remarketing, influencer marketing, online PR, and marketing automation. It provides brief definitions and explanations of each tool, highlighting their uses in promoting products, services, and brands online through both organic and paid methods.
The document outlines different types of customer needs: stated needs are what customers explicitly ask for, real needs cover what stated needs actually represent, unstated needs are what customers expect but do not request, delight needs would please customers if provided unexpectedly, and secret needs are those customers do not express.
Marketing involves creating products and services with value for customers, communicating information about those offerings to potential buyers, and distributing and exchanging them at an established price. The goal of marketing is to match what companies can provide with what customers want to buy.
The 4A's of Marketing document outlines four key factors - Acceptability, Affordability, Accessibility, and Awareness - that determine customer value from a product or service. Acceptability refers to a product meeting customer needs and expectations. Affordability means customers can afford and are willing to pay for a product. Accessibility is when customers can easily buy and use a product. Awareness is when customers have enough information about a product's features, benefits, and brand.
Neeti Gupta is a data scientist with over 5 years of experience in machine learning and artificial intelligence. She has a PhD in Computer Science from Stanford University where she focused on natural language processing. Her research interests include deep learning, computer vision, and reinforcement learning.
Neeti Gupta is a student at the University of Delhi studying computer science. She is passionate about coding and hopes to one day work as a software engineer at a major tech company. In her spare time, Neeti enjoys reading, playing basketball, and spending time with friends and family.
This document outlines four management approaches: the classical approach focuses on cutting costs and increasing profits with no concern for employees; the quantitative approach takes a systems view and uses numbers/statistics; the behavioural approach considers the importance of humans; and the contemporary approach acts according to the situation and is contingent on factors.
This document provides guidance on preparing for and having a successful job interview. It outlines the steps to take before, during, and after an interview including doing research on the company and job, practicing answers to common questions, dressing professionally, maintaining good body language and communication, and following up after the interview. The key messages are to present yourself with confidence, prepare thoroughly by researching the opportunity and practicing your responses, and make a strong first impression through your appearance, demeanor and how you conduct yourself.
Neeti Gupta is a data scientist with over 5 years of experience in machine learning and artificial intelligence. She has a PhD in Computer Science from Stanford University where she focused on natural language processing. Her research interests include deep learning, computer vision, and recommender systems.
Neeti Gupta is a senior data scientist at Anthropic, where she works on AI safety research projects. She has a PhD in computer science from Stanford University, where her research focused on deep reinforcement learning. Prior to joining Anthropic, Neeti worked as a research scientist at OpenAI on self-supervised learning and representation learning.
Neeti Gupta is a senior data scientist at Anthropic, where she works on AI safety research projects. She has a PhD in computer science from Stanford University and over 5 years of experience applying machine learning to natural language processing tasks. Her research interests include model robustness, interpretability, and developing beneficial AI.
Five things you need to manage at work for being successfulNeeti Naag
The presentation covers time management, expectation management, boss management, coworker management and self-brand management to be successful in life. Learning to manage these five things will make your life comfortable and your office life smooth
Networking involves using personal social networks like Facebook and Snapchat, global networks like Twitter and YouTube, and professional networks like LinkedIn and Xing. When networking online, be careful about what you post, share, and write comments about.
This document discusses cultural baggage and understanding differences in closeness, touch, eye contact, time value, and communication between cultures. It emphasizes understanding yourself, being aware of differences, and accepting cultural differences to reduce culture shock.
An accounting information system (AIS) refers to tools and systems designed for the collection and display of accounting information so accountants and executives can make informed decisions.
Dr. Alyce Su Cover Story - China's Investment Leadermsthrill
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
Fabular Frames and the Four Ratio ProblemMajid Iqbal
Digital, interactive art showing the struggle of a society in providing for its present population while also saving planetary resources for future generations. Spread across several frames, the art is actually the rendering of real and speculative data. The stereographic projections change shape in response to prompts and provocations. Visitors interact with the model through speculative statements about how to increase savings across communities, regions, ecosystems and environments. Their fabulations combined with random noise, i.e. factors beyond control, have a dramatic effect on the societal transition. Things get better. Things get worse. The aim is to give visitors a new grasp and feel of the ongoing struggles in democracies around the world.
Stunning art in the small multiples format brings out the spatiotemporal nature of societal transitions, against backdrop issues such as energy, housing, waste, farmland and forest. In each frame we see hopeful and frightful interplays between spending and saving. Problems emerge when one of the two parts of the existential anaglyph rapidly shrinks like Arctic ice, as factors cross thresholds. Ecological wealth and intergenerational equity areFour at stake. Not enough spending could mean economic stress, social unrest and political conflict. Not enough saving and there will be climate breakdown and ‘bankruptcy’. So where does speculative design start and the gambling and betting end? Behind each fabular frame is a four ratio problem. Each ratio reflects the level of sacrifice and self-restraint a society is willing to accept, against promises of prosperity and freedom. Some values seem to stabilise a frame while others cause collapse. Get the ratios right and we can have it all. Get them wrong and things get more desperate.
OJP data from firms like Vicinity Jobs have emerged as a complement to traditional sources of labour demand data, such as the Job Vacancy and Wages Survey (JVWS). Ibrahim Abuallail, PhD Candidate, University of Ottawa, presented research relating to bias in OJPs and a proposed approach to effectively adjust OJP data to complement existing official data (such as from the JVWS) and improve the measurement of labour demand.
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck mari...Donc Test
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
Discover the Future of Dogecoin with Our Comprehensive Guidance36 Crypto
Learn in-depth about Dogecoin's trajectory and stay informed with 36crypto's essential and up-to-date information about the crypto space.
Our presentation delves into Dogecoin's potential future, exploring whether it's destined to skyrocket to the moon or face a downward spiral. In addition, it highlights invaluable insights. Don't miss out on this opportunity to enhance your crypto understanding!
https://36crypto.com/the-future-of-dogecoin-how-high-can-this-cryptocurrency-reach/
In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.
New Visa Rules for Tourists and Students in Thailand | Amit Kakkar Easy VisaAmit Kakkar
Discover essential details about Thailand's recent visa policy changes, tailored for tourists and students. Amit Kakkar Easy Visa provides a comprehensive overview of new requirements, application processes, and tips to ensure a smooth transition for all travelers.
[4:55 p.m.] Bryan Oates
OJPs are becoming a critical resource for policy-makers and researchers who study the labour market. LMIC continues to work with Vicinity Jobs’ data on OJPs, which can be explored in our Canadian Job Trends Dashboard. Valuable insights have been gained through our analysis of OJP data, including LMIC research lead
Suzanne Spiteri’s recent report on improving the quality and accessibility of job postings to reduce employment barriers for neurodivergent people.
Decoding job postings: Improving accessibility for neurodivergent job seekers
Improving the quality and accessibility of job postings is one way to reduce employment barriers for neurodivergent people.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.