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Globalization in sentence

2352 examples of Globalization in a sentence

Today’s backlash against trade and globalization should be viewed in the context of what, as we know from experience, could come next.
Such is the outcome of globalization, i.e., the mutual dependence of 6.5 billion people in a single global economy and system of states.
Even leaving aside other important dimensions of the issue – such as fear of globalization, growing ethical doubts about contemporary technologies, and concerns about the environmental consequences of growth – redefining progress is a challenge of daunting magnitude.
The renewed patriotism seen in many places – a response to the unfairness and dislocation that globalization can generate – must be reconciled with human solidarity, respect for diversity, and the ability to work across national borders.
Those who think that globalization, technology, and the market economy will solve the world’s problems seemed subdued.
With globalization, it would be natural to extend such principles to the international arena, making it irrelevant whether a producer is domestic or foreign when judging whether he is engaged in an unfair trade practice.
Indeed, the great paradox of the current era of globalization is that the quest for homogeneity has been accompanied by a longing for ethnic and religious roots.
The American working class wants someone to pay attention to the fact that their jobs have been displaced by technology and globalization.
While immigration and globalization are often blamed, the real culprits are chronic slow growth and technological innovation.
In a volatile, “post-truth” media environment, blaming the government or insisting that globalization is good will likely backfire.
Clinton’s New Democrats and Tony Blair’s New Labour acted as cheerleaders for globalization.
The beneficiaries of globalization are typically those countries that complemented it with a strategy to promote new activities, policies that favored the real economy over finance, and sequential reforms that emphasized high-productivity employment.
But that affirmation also represents Hollande’s main challenge: ensuring that this remains true in the context of twenty-first-century globalization.
But globalization itself is not in retreat.
For example, while the United States may have been at a disadvantage in a world where low labor costs were paramount in global manufacturing value chains, digital globalization plays directly to its strengths in technology and innovation.
On its face, this shift to digital globalization would seem to work against developing countries that have large pools of low-cost labor but inadequate infrastructure and education systems.
Lagging countries that fail to promote gender equality, invest in education, and adopt broader governance and regulatory reforms risk falling even further behind in reaping the significant benefits of globalization.
Twenty-first-century globalization, driven by digitization and rapid changes in competitive advantage, can disrupt local industries, companies, and communities and cause job loss, even as it spurs greater productivity, boosts overall employment, and generates economy-wide gains.
Ironically, the political backlash against globalization is gaining momentum in many places even as digitization increases the opportunities and economic benefits that globalization has to offer.
The Real Problem with Free TradeNEW DELHI – For most critics of globalization, trade is the villain, responsible for deepening inequality and rising economic insecurity among workers.
The upshot of this system is that many developing countries that should have benefited from the globalization of value chains have remained confined to low-productivity activities that yield only limited economic value and do not even foster wider technological upgrading.
The risk that these CEOs seemed most concerned about is the populist backlash against the kind of globalization that they have shaped – and from which they have benefited immensely.
Their vote was a protest against globalization, a rejection of the contemporary world, with its distant and incomprehensible governing mechanisms.
We may live in an era of globalization, but much of the world is increasingly focused on limiting the free movement of people.
With the coming of globalization, seed companies were allowed to sell seeds for which the companies had certified their safety.
As Chinese President Xi Jinping – now the default champion of globalization – pointed out at Davos this year, “Whether you like it or not, the global economy is the big ocean from which you cannot escape.”
Marx was certainly a perceptive analyst of the nineteenth century’s version of globalization.
Gone are the confident assertions that globalization benefits everyone: we must, the elites now concede, accept that globalization produces both winners and losers.
But the correct response is not to halt or reverse globalization; it is to ensure that the losers are compensated.
The new consensus is stated succinctly by Nouriel Roubini: the backlash against globalization “can be contained and managed through policies that compensate workers for its collateral damage and costs,” he argues.
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