Globalization: The Americanization of the World? Books to be discussed: Andrew J. Bacevich‚ American Empire: The Realities and Consequences of U.S. Diplomacy (Harvard University Press‚ 2002). Joseph E. Stiglitz‚ Making Globalization Work (Norton‚ 2007). James L. Watson‚ ed.‚ Golden Arches East: McDonald’s in East Asia (2nd edition‚ Stanford University Press‚ 2007). Robert McCrum‚ Globish: How the English Language Became the World’s Language (Norton‚ 2010). Fareed Zakaria‚ The Post-American World
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I SN ’T F LAT hasboundpeople‚countries‚ andmarketscloserthanever‚ Globalization ofa b)goneera-or sowe’retold. nationalborders relics But a close rendering lookat thedata reveals a worldthat’s as integrated as theone justa fraction we thought we knew.Infact‚more than90 percent of allphonecalls‚Web and investment is local.What’smore‚eventhissmalllevelof traffic‚ couldstillslipaway. IBy Pankaj Ghemawat globalization I deas will spread faster‚leaping borders. Poor countrieswill have immediateaccess
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claims in his book titled‚ ‘The World Is Flat: A Brief History of the Twenty-First Century ’(2005)‚ that globalization and technology has flattened the world to a ‘level playing field’. He analyses the ten ‘flatteners’ or events that happened over a period of around ten years to make the world go flat. The first flattener‚ that Friedman writes about‚ was the Fall of the Berlin Wall in 1989 and end of the Cold War‚ that brought forward the idea of a globalized world‚ where people from either side of
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In chapter 15‚ as the world became flat‚ some parts of the world remained unflat because they could not participate in the flattening process. The unflat world consisted of developing nations while the flat world consisted of developed nations. Since the unflat world could not participate‚ it has kept them unadvanced‚ stagnant‚ and deprived. Rural Africa‚ China‚ India‚ and Latin America were left behind because their nations were plagued with diseases due to their broken government system being unable
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Friedman: Globalization of the World Economy Declining trade and investment barriers‚ advancements in technology‚ economic dominance amongst Western international businesses‚ and the world’s changing foreign direct investment picture‚ have all contributed to the current state of our world’s economy. Although the United States still accounts for more than twenty percent of the worlds GDP‚ their economic dominance has declined dramatically due to these contributing factors. This shift in our
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The twenty-first century‚ largely dubbed as the “Age of Technology” and also the “Era of Globalization‚” has brought on the feasibility of an interconnected world. Globalization is considered to be the unavoidable wave of the future. A few texts from Kwame Anthony Appiah‚ Marshall Poe‚ and Thomas L. Friedman further elaborate on a few important aspects of globalization. Technology‚ a major part of globalization‚ has allowed humans to create the Internet‚ bringing along many benefits and drawbacks to
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The video discussion‚ Tom Freedman‚ The World is Flat‚ is about Tom Freedman’s experience of how he learned the world is flat. By this‚ he means that anyone can send their own content to anyone in the world‚ basically for free. Tom believes the global economic playing field is being leveled. He believes this happened by three great eras of globalization. The first‚ globalization 1.0 started in 1492 and lasted until early 1800’s where the world shrunk from large to medium. The Spanish explored the
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The World is Flat: The Great Sorting Out Summary In this chapter‚ Thomas Friedman looks at how cultures and societies will have to deal with and adapt to the changes that globalization brings to the way of doing business. It affects whole companies and individuals. He gives the perception of the world is flattening by comparing the Industrial Revolution to the IT Revolution that is happening right now. The flattening process was identified by Karl Marx and Frederich Engels in the Communist Manifesto
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In Thomas Friedman’s The World Is Flat‚ he writes about a so-called “triple convergence.” What Friedman is referring to in this “triple convergence” is the combination of “new players‚” a new “playing field‚” and these two things working together to develop “new processes and habits for horizontal collaboration.” (Friedman 211) Together‚ these three pieces are what Friedman believes is “the most important force shaping global economics and politics in the early twenty-first century.” (Friedman 211)
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“One page reflection on whether we have a borderless world‚ and to the extent w do‚ is it a blessing or otherwise?” Each year‚ the world’s market is growing. The 7 billion human living on Earth is a huge market that every companies in the World want to acquire. . This particular reason makes us tend to a borderless World. But there are still some factors that slow this process‚ like religions‚ cultures‚ laws and so on. In order to increase international trades‚ governments and organizations
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