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Globalization in sentence

2352 examples of Globalization in a sentence

US global leadership is therefore bound to shift away from free trade, globalization, and open markets.
But the main question – whether globalization is a good thing, and for whom – remains unanswered.
The essence of globalization – free trade – rests on the theory of comparative advantage, which views international trade as profitable even for a country that can produce every commodity more cheaply (in terms of labor or all resources) than any other country.
Rather than punitively taxing wealth, globalization strengthens the case for shifting to a flat tax on income (or better yet consumption) with a moderately high exemption.
We should recall that the first era of globalization, which reached its peak in the decades before World War I, eventually produced an even more severe political backlash.
Both paths led away from globalization to economic closure (and far worse).
It treats globalization and the rules that sustain it as inexorable and inevitable.
They should no longer hide behind technology or unstoppable globalization, and they must be willing to be bold and entertain large-scale reforms in the way the domestic and global economy are run.
If one lesson of history is the danger of globalization running amok, another is the malleability of capitalism.
It was the New Deal, the welfare state, and controlled globalization (under the Bretton Woods regime) that eventually gave market-oriented societies a new lease on life and produced the post-war boom.
The fawning article was devoted to one Donald Trump, in whom the author found a thousand virtues because of his supposed hostility to “the system,” the likelihood that he would abandon the West’s “liberal orientation,” and his willingness to attack “media power,” “economic globalization,” and “Wall Street’s arrogance” (and that’s not the half of it).
To succeed, he argued, Europe must prove wrong those who believe there is a conflict between globalization and sovereignty.
A truly democracy-enhancing globalization would respect these boundaries.
The conflict between democracy and globalization becomes acute when globalization restricts the domestic articulation of policy preferences without a compensating expansion of democratic space at the regional/global level.
That is where my political trilemma begins to bite: We cannot have globalization, democracy, and national sovereignty simultaneously.
And, judging from the tone of the other candidates, standing up for globalization constitutes electoral suicide in the current political climate.
While globalization has not been the sole (or even the most important) force driving inequality in the advanced economies, it has been a contributor.
Countries that managed to leverage globalization, such as China and Vietnam, employed a mixed strategy of export promotion and a variety of policies that violate current trade rules.
Second, there is nothing in the historical record to suggest that poor countries require very low or zero barriers in the advanced economies in order to benefit greatly from globalization.
This requires placing some sand in the wheels of globalization.
And it is coming to an end at a time when economic populism is replacing technocratic management, often with white males turning to nativism in response to the destruction of their jobs and livelihoods by the impersonal forces of globalization.
Moreover, US schools, particularly at the primary and secondary levels, continue to slip down the global scale, constraining Americans’ ability to benefit from globalization.
Currency policy highlights the limits of financial globalization by crystallizing the tension between domestic agendas and global issues – a tension that both shapes and is shaped by exchange rates.
Until the financial crisis of 2008, Davos never wavered in its cheerleading for democracy, markets, and globalization.
Finally, Davos was about a belief that globalization, abetted by information technology, would not be just an engine of growth, but also a leveler of cultural and historic divisions.
My sense is that the answer will reaffirm that democracy, a market economy, and globalization are the foundations of human progress.
On one hand, power has shifted and become more diffuse, while the mismanagement – and misrepresentation – of globalization has created further uncertainty.
So the EU’s continuing commitment to a philosophy of open trade, globalization, and carbon reduction could be sufficient to prevent a paradigm shift toward protectionism and climate-change denial that seemed almost inevitable with Trump’s election.
For globalization is both a challenge and an opportunity.
As we open ourselves to the wind's of globalization, we must also strengthen the local institutions that foster social ties and identity, such as the family, local and regional communities, religious communities, and the tradition of voluntary worker solidarity - all which have been neglected in recent years.
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