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Globalization seems to be looked on as an unmitigated “good” by economists. Unfortunately, economists seem to be guided by their badly flawed models; they miss real-world problems. In ...
Thanks to TV, tourism and other aspects of globalization, though, people in less affluent societies know about our lifestyle, and of course they aspire to it. Vigorous debates are going on today ...
Consider two aspects of globalization: first, planes exploding as they slam into the World Trade Center, and second, the emission of carbon dioxide from the exhaust of gas-guzzling sport-utility ...
Some aspects of globalization are negative. Terrorists strike targets around the world. Criminals transport weapons and drugs from one country to another. Cyber criminals target businesses and ...
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The effect of globalization on the prices of consumer goodsGlobalization has become a defining feature of the modern economy, characterized by the interconnectedness of markets and the international flow of goods, services, and capital. At the heart of ...
An aspect of globalization that can be damaging is that it drives demand for certain exports that cause imbalances in the country’s economic development. Nigeria has heavily invested in its oil ...
True, there were other aspects of globalization that bore little relation to market capitalism. The globalization of science and information broadened access to knowledge in unprecedented ways.
(Kevin Frayer/Getty Images) Globalization lives. A fascinating but little-noted aspect of the recent financial turmoil is how much it’s been an international event. It started with doubts about ...
The first commentary focuses on “such aspects of globalization as the prison industry, divisions of labor, and world trade.” The second explores “economic liberalization for women,” the pi ...
but all you might need to do is to look at your coffee, your phone, your food, your car, and just about every aspect of our modern lives — all fueled by globalization.
These two crises demonstrate the woeful inadequacy of efforts to address the problematic aspects of globalization. The so-called international community has again shown itself to be anything but a ...
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