Globalization
in sentence
2352 examples of Globalization in a sentence
I am afraid
globalization
may not survive unless we find new ways to stimulate the global economy.
Blinder also predicted that the flexible, fluid US labor market would adapt better and faster to
globalization
than European labor markets would.
But a preliminary comparison between Europe’s largest economy, Germany, and the US suggests that the former is better equipped to hold its own in the age of
globalization.
Technology and InequalityCAMBRIDGE – Until now, the relentless march of technology and
globalization
has played out hugely in favor of high-skilled labor, helping to fuel record-high levels of income and wealth inequality around the world.
Many commentators seem to believe that the growing gap between rich and poor is an inevitable byproduct of increasing
globalization
and technology.
This is a tempting proposition for many ordinary citizens who find
globalization
complicated and bewildering.
One bloc represents the old troika of liberalization, globalization, and financialization.
Indeed, he regularly put forth ideas- on the dangers of globalization, on the need for global responsibility, on his vision of Europe as a federation of states and regions- before other political leaders dared to do so.
Globalization
allowed the US to suck up the savings of the rest of the world and consume more than it produced, with its current account deficit reaching 6.2% of GNP in 2006.
Many blame rising inequality over the past few decades on foreigners, rather than technology, and it is easy to rally opposition both to immigration and
globalization.
The next president will have to educate Americans about how to deal with a
globalization
process that many find threatening.
In a world of globalization, many people belong to a number of imagined communities – local, regional, national, cosmopolitan – that are overlapping circles sustained by the Internet and inexpensive travel.
By concentrating wealth narrowly,
globalization
produces more threats than opportunities.
Seeing this, many people fear a new dominant class intolerably manipulating
globalization
for its betterment.
It is a bitter paradox, indeed, that the developed democracies use the power of
globalization
to punish us commercially by discriminating against our citizens and exports.
Related to this is the fact that nowadays economic development depends less on a particular country and more on regional integration, which can serve to avoid the negative effects of those financial speculations boosted by
globalization.
So long as a country is subordinated to the uncontrollable force of globalization, its future is in foreign hands.
The great challenge is to increase equality, and for this the State, which
globalization
claims to have overthrown, is vital.
They never did, but we are now seeing a
globalization
of solidarity, of support for cooperative regional patterns and the need to rethink international agencies, and the impracticality of isolation.
To maintain that will, we must fight the fear of going against the prevailing political orthodoxy of an inevitable
globalization.
Globalization
and Its Discontents in 2004The year 2003 was in many ways a disaster for
globalization.
2004 will almost surely be better, for political
globalization
as well as for the global economy.
The WTO talks in Cancun represented the other major failure of
globalization
in 2003.
For them it will be just another instance of having to bear the costs of policy mistakes made in the advanced industrial countries, another instance of
globalization
gone awry.
As
globalization
advances and economies become more tightly integrated, worries about the effects of foreign competition – through trade or through foreign investment – have fueled economic nationalism and protectionist sentiments.
The prosperity of the first age of
globalization
before 1914, for example, resulted from a successful constellation of developments: falling transport and communication costs, the technological breakthroughs of the second industrial revolution, the pacific state of international relations, and Great Britain’s successful management of the gold standard.
Courtesy of what the University of Geneva’s Richard Baldwin calls the “second unbundling” of globalization, the world is awash in the excess supply of increasingly fragmented global supply chains.
Second, today’s
globalization
is inherently asymmetric.
Financial globalization, meaning in essence the freedom to make any desired financial transaction, regardless of the currencies involved and the locations and nationalities of those involved in the transaction, is not an end in itself.
Protection against extreme financial
globalization
is essential for sound economic policy.
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