Globalization
in sentence
2352 examples of Globalization in a sentence
Karl Marx oversold socialism, but he was right in claiming that globalization, unfettered financial capitalism, and redistribution of income and wealth from labor to capital could lead capitalism to self-destruct.
Calling the Protectionists’ BluffBRUSSELS – Most reports about
globalization
in recent years have focused on its problems, such as declining levels of trade and the abandonment of “mega-regional” trade agreements.
A US that moves toward isolationist nationalism will remain the world’s most powerful country by a wide margin; but it will no longer guarantee Western countries’ security or defend an international order based on free trade and
globalization.
At the same time, public spending will likely have to increase to meet the demands of those left behind in the era of
globalization
and digital technologies.
To explain the rise in inequality that began in the 1980s and has accelerated since the turn of the century, many have pointed out that indicators of globalization, such as the trade-to-GDP ratio, have also risen since 1980.
The global trade-to-GDP ratio peaked in 2008 at 61%, after a 35-year climb, falling back to 56% by 2016 – at precisely the time when fear of
globalization
reached political fever pitch.
Critics of
globalization
latched onto these newer economic theories, claiming that they demanded a rethinking of the traditional case for free trade.
Iran’s initiatives to America, indeed, indicate that it wants to be part of today’s globalization, not isolated within a brooding Islamic bloc.
Rules for a Wired WorldNEW YORK: We hear much about the "new economy", based on networking and
globalization.
The many uncertainties they face include concerns about excessive regulation, burdensome corporate taxation, high debt levels, erratic policymaking, the political backlash against globalization, and doubts that consumer spending outside (or even within) the United States will last.
Fortunately, because of globalization, China’s rise is in everyone’s interest, as is the rise of other emerging economies.
All of this suggests that sovereignty must be redefined if states are to cope with
globalization.
At its core,
globalization
entails the increasing volume, velocity, and importance of flows – within and across borders – of people, ideas, greenhouse gases, goods, dollars, drugs, viruses, emails, weapons, and a good deal else, challenging one of sovereignty’s fundamental principles: the ability to control what crosses borders in either direction.
The goal should be to redefine sovereignty for the era of globalization, to find a balance between a world of fully sovereign states and an international system of either world government or anarchy.
The Retreat of the RenminbiNEW YORK – “The
globalization
of the yuan seems remorseless and unstoppable,” pronounced The Economist in April 2014.
The fourth factor is the reversal of
globalization
itself.
The
globalization
of the RMB is no longer “remorseless and unstoppable.”
Criminal networks distort the most important sources of change: globalization, technology, open markets, regional cooperation, and democracy.
The new focus on the need to tame the power of finance is largely a consequence of
globalization.
But no country today can remain isolated from globalization, tame it, or lead it alone.
Supporting the Developing World’s Health InnovatorsDHAKA – In 2012, the London Declaration on Neglected Tropical Diseases signaled a bold new vision for international cooperation, in which networking and
globalization
could underpin efforts in the global South to eradicate deadly diseases that disproportionately affect the poorest communities.
But the remarkable underlying truth is that each new government endorsed the direction of
globalization
and market reforms, so much so that the basic reform direction is now a national consensus of virtually every major party.
Aside from the great damage caused by unequal bargaining power outside of the multilateral framework, the path of bilateral negotiations threatens to remove the focus from universal outcomes, which are the bedrock of
globalization.
The threat to the
globalization
process may not be immediately apparent, but it is very real.
WASHINGTON, DC – For three decades, financial
globalization
had seemed inevitable.
Retrenchment of these sources of financial
globalization
is to be welcomed.
Once in the vanguard of financial globalization, European countries are now turning inward.
So, is it possible to “reset” financial
globalization
while avoiding the excesses of the past?
Given that Europe led the recent rise and fall of financial globalization, any effort to reset the system should focus on measures to restore confidence and put European financial integration back on track.
Until recently,
globalization
unfolded against the background of a global boom; now we are experiencing a global bear market.
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