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Globalization in sentence

2352 examples of Globalization in a sentence

The first shock was intensified globalization, which brought a lot of new low-wage competition.
Although globalization is a gradual process, it gained momentum when China decided to play the game.
It has also become clear that, in an era of globalization and interdependence, no state will be able to meet these threats and challenges alone.
While globalization was holding down inflation, the real side of the world economy was exhibiting many unusual trends.
Despite the Cold War (or perhaps because of it), they also re-started the globalization that WWII had brought to a halt.
This globalization process was interrupted during the late 1960s and early 1970s, owing to the Vietnam War, the suspension of the US dollar’s convertibility into gold, the 1973 oil price shock, and the great stagflation.
While this redesigned globalization process helped to fuel growth and development, its effects were uneven, and the financial and economic changes it wrought outpaced legal and ethical adaptation.
In Europe and beyond, GMOs became emblematic of the powerful economic fears that globalization inspires.
Ever since the beginning of the 1990s, when private credit to emerging markets soared to roughly ten times its annual average in 1970-89, the main source of financial contagion has not been moral hazard, but what might best be called globalization hazard.
Whether moral hazard or globalization hazard, more careful credit rationing by investors could be expected to reduce the recurrence of financial crises.
Globalization Marches OnLONDON – In a recent symposium in the Financial Times on globalization’s prospects in 2011, the columnist Gideon Rachman observed that, “When Barack Obama visited India recently, the US President warned his hosts that the debate about globalization has reopened in the West,” and that “a backlash…is forming…and growing in advanced economies.”
The fear of globalization in the West is nothing new.
The fear of globalization, however, began historically in the East, not the West.
Indeed, the West accepted the view that globalization would result (as with trade) in mutual gain, embracing what I called in 1997 the notion of “benign neglect.”
In the case of foreign investment and aid flows, the West went further, viewing them as being motivated by altruism, or “benign intent,” whereas the East regarded globalization in a world of poor and rich nations as implying “malign impact.”
As the benefits of globalization became manifest, and the damage wrought by autarkic policies also became evident, policymakers in the East began to appreciate that their anti-globalization stance had been a mistake.
But then fear of globalization moved to the West.
Given the ironic reversal of globalization fears, Kipling is still right: convergence has continued to elude East and West.
The current crisis did not create the debate about globalization now heard in the West; it only made it slightly more salient.
Yet the crisis may be tilting Western policy outcomes in favor of globalization.
And it is now clear that the biggest winners of globalization are no longer the Europeans or the Americans, but the Asians.
Indeed, rising income and wealth inequality in many emerging markets may eventually lead to a social and political backlash against liberalization and globalization.
There are reasons for people to feel anxious about economic globalization, pan-European bureaucracy, the huge and not always effectively controlled influx of immigrants, and the aggression of radical political Islam.
To be sure, this finding is at odds with all of the eulogies for globalization that one hears these days, and Donald Trump’s decidedly protectionist administration in the US could now send global trade into a long retreat.
But South Korea’s recent data suggest that globalization still has some life left in it, and that 2017 is off to a decent start.
A seismic shift demands that we adapt to a new landscape, and a seismic economic shift is exactly what Japan has undergone in recent decades, driven by the forces of globalization and digitization.
Likewise, because the presence of many cultures creates avenues of connection with other countries, it helps to broaden Americans’ attitudes and views of the world in an era of globalization.
The export portion increased the most – by nearly six-fold, from 6% in 1980 to a pre-crisis peak of 35% in 2007 – as new capacity and infrastructure, low-cost labor, and accession to the World Trade Organization made China the world’s greatest beneficiary of accelerating globalization and surging trade flows.
The Nation-State RebornCAMBRIDGE – One of our era’s foundational myths is that globalization has condemned the nation-state to irrelevance.
Thatcherism plus globalization had many liberating consequences, but the combination also created new social problems, begetting losers as well as winners.
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