Globalization
in sentence
2352 examples of Globalization in a sentence
The forces of
globalization
may have aggravated these trends, but the point so often lost in the debate – and dismissed by so many on all sides – is that trade agreements are meant to tame the forces of globalization, not accelerate them.
With its systemic negative effects on finance, trade, and labor mobility, Brexit marks a major setback for
globalization.
It’s worth recalling that
globalization
did not begin with the current generation.
World War I ended this earlier wave of globalization; and, even with the return to peace, the world never really recovered.
The last nail had been hammered into the coffin of
globalization
even before the outbreak of World War II.
The global financial crisis dealt a significant blow to globalization, especially in terms of trade and finance.
It was the first Asian country to encounter the forces of globalization, master them, and then make them serve its own interests.
But in the post-World War II period, Japan again used the forces of
globalization
to reinvent itself as an economic superpower that became the envy of the world.
The liberal vision also includes a major Japanese role in stabilizing
globalization
by supporting international trade and monetary institutions; alleviating global poverty by increasing overseas development assistance, particularly to Africa; helping to develop instruments for conflict prevention and management such as the United Nations Peace-building Commission; and participating in UN peacekeeping operations.
As one Japanese liberal commented to me, “this is our third response to
globalization.
But it now lags behind the recovery of output (which is itself modest), because the kind of global political order hospitable to
globalization
is disappearing.
And yet, even as trade relations become increasingly politicized, our leaders continue to urge us to gear up to meet the “challenges of globalization,” and few question the benefits of cost-cutting through automation.
But for any such parliamentary alliance to have democratic legitimacy, it will have to present itself not just as a coalition of likeminded MPs, but as a new political party, with a program to confront realistically the challenges of technological change and
globalization.
The reason can be expressed in one word:
globalization.
Financial globalization, in particular, played havoc with the old rules.
It is that we need to reinvent it for a new century in which the forces of economic
globalization
are much more powerful than before.
It is said that with the
globalization
of finance the world needs a central bank and that the IMF is the natural basis on which to build such a capacity.
After all, it is said that the advent of
globalization
has rendered distinct national moneys dependent, if not powerless.
CAMBRIDGE: A pivotal question to be debated in this year’s US presidential election is whether American prosperity resulted from Clinton Administration policies or from deeper changes arising from new technology and
globalization.
But two “mega-trends” seem clear: the broadest and deepest wave of
globalization
the world has ever seen, and the rise of new world players from Asia and elsewhere.
Asia and Europe have been well served by economic
globalization.
Europe has capitalized on
globalization
to consolidate its position as the world’s major economy and trader.
But
globalization
also increases competition and exposes weaknesses.
The economic crisis has exacerbated the perceived downside of
globalization.
What is happening is that
globalization
has split up value chains, allowing trade to move from words to syllables.
Globalization
allows these different functions to be carried out in different places, thereby allowing countries to participate earlier, when they still have few locally available capabilities, which can then be expanded over time.
But the need for some kind of continuous learning has become even more obvious today, in a world driven by the forces of
globalization.
On the effects of the
globalization
of trade in goods and services, the discussion emphasized the costs to domestic employment, wages, and inequality.
To be sure, powerful economic forces – including China’s rise, globalization, high inequality, and soaring property prices – have buffeted Hong Kong since 1997, undermining the city’s competitiveness and contributing to social discontent.
The roots of Western malaise can be traced back to the end of the Cold War, when a bipolar world order gave way to economic globalization, allowing for the emergence of new powers such as China.
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