Global Economies
GLOBAL ECONOMIES
Global Economies: The New Paradigm of Trans-Global Industry and Commerce
Submitted in Partial Fulfillment of the Degree of PhD in International Business and Program Management
1 Kelly Eugene Higgins I.D.: UD17818BIN25641 Atlantic International University, Honolulu, HI 8 June 2013
GLOBAL ECONOMIES Part 1 Reflection Despite the attempted global empires that have existed and flourished to greater or lesser extents throughout the history of human civilization, the creation of multinational and multicultural economies generated by those empires was a secondary effect of the consolidation of territorial leadership. The increased economic prosperity that common currencies and trade regulations within such past empires fostered, however, has shown that despite the inefficiencies, folly and occasional downright brutality or genocide that may be fostered by an empire seeking world dominance, the effect of a global economy is desirable without the connection to global political dominance. Internationally traded commodities have emulated a global economy in past history, such as silk and spices from the far east or gold from the new world, but the modern phenomenon of a global economy based solely on international flow of non-hard currencies is a much more modern occurrence. Particularly, it has been a growth trend in the re-making of the world since the conclusion of hostilities in the Second World War. European nations, victors and vanquished alike were greatly damaged by the conduct of the war and desperate both to rebuild their infrastructures and economies as well as insure that the world they were remaking would take extreme caution to organize itself such as to avoid ever entering such a global conflict again. Of course, the advent of the cold war, and in many ways there were actually two cold wars. One between the NATO powers and the Soviet Union’s totalitarian communism in Europe and the other between the United states and a few
Global Economies: The New Paradigm of Trans-Global Industry and Commerce
Submitted in Partial Fulfillment of the Degree of PhD in International Business and Program Management
1 Kelly Eugene Higgins I.D.: UD17818BIN25641 Atlantic International University, Honolulu, HI 8 June 2013
GLOBAL ECONOMIES Part 1 Reflection Despite the attempted global empires that have existed and flourished to greater or lesser extents throughout the history of human civilization, the creation of multinational and multicultural economies generated by those empires was a secondary effect of the consolidation of territorial leadership. The increased economic prosperity that common currencies and trade regulations within such past empires fostered, however, has shown that despite the inefficiencies, folly and occasional downright brutality or genocide that may be fostered by an empire seeking world dominance, the effect of a global economy is desirable without the connection to global political dominance. Internationally traded commodities have emulated a global economy in past history, such as silk and spices from the far east or gold from the new world, but the modern phenomenon of a global economy based solely on international flow of non-hard currencies is a much more modern occurrence. Particularly, it has been a growth trend in the re-making of the world since the conclusion of hostilities in the Second World War. European nations, victors and vanquished alike were greatly damaged by the conduct of the war and desperate both to rebuild their infrastructures and economies as well as insure that the world they were remaking would take extreme caution to organize itself such as to avoid ever entering such a global conflict again. Of course, the advent of the cold war, and in many ways there were actually two cold wars. One between the NATO powers and the Soviet Union’s totalitarian communism in Europe and the other between the United states and a few
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