Globalization
in sentence
2352 examples of Globalization in a sentence
In adapting to today’s globalization, German banks, with their multiple roles, have a considerable advantage deriving from the diversification of their earning streams, as compared to institutions more exposed to the inherent volatility of most trading and fee-based advisory income.
Football thus provides a glimpse of how true
globalization
of labor would work.
So wherever
globalization
and full commercialization reign supreme, there is an unmistakable concentration of quality and success.
Globalization
Means WesternizationMUNICH: Does
globalization
produce a world of democracies?
In this respect
globalization
implies, like it or not, Westernization.
True, trade makes any country in the age of globalization, whatever its political ideology, more dependent on all the players in the world wide marketplace.
For many of its emotional critics,
globalization
just means Americanization - the invasion of American mass products and mass culture.
The decisive impact of
globalization
lies elsewhere: it gives a crisis bonus to countries with transparent and accountable political structures.
If you want to weather the crisis of globalization, you better Westernize.
He claimed that
globalization
and mass immigration are destroying jobs, overwhelming public services, compromising French national identity, and breeding terrorists.
But what determines the extent to which countries benefit from financial
globalization?
A recent study by the IMF’s research department, using data from the past 30 years to assess the effects of financial globalization, conveys two messages.
Second, caution has costs: financial openness may itself catalyze improvements in fundamentals that enhance the benefits of
globalization.
But even if capital controls could still fully insulate a country from the forces of financial globalization, such a goal would not be desirable.
Deep down, the crisis is yet another manifestation of what I call “the political trilemma of the world economy”: economic globalization, political democracy, and the nation-state are mutually irreconcilable.
Democracy is compatible with national sovereignty only if we restrict
globalization.
If we push for
globalization
while retaining the nation-state, we must jettison democracy.
And if we want democracy along with globalization, we must shove the nation-state aside and strive for greater international governance.
The first era of globalization, which lasted until 1914, was a success as long as economic and monetary policies remained insulated from domestic political pressures.
The attempt to reconstitute the pre-World War I model of
globalization
collapsed in 1931, when domestic politics forced the British government to choose domestic reflation over the gold standard.
So they contemplated only a “thin” globalization, with capital flows restricted largely to long-term lending and borrowing.
Inequality has risen sharply, spurring many populations to become increasingly disillusioned not just with the specific factors fueling it, but with openness and
globalization
in virtually all its forms, including immigration and free trade.
The principle of non-intervention in a state's internal affairs was never absolute, and
globalization
confronts it with a radical challenge.
In fact, while the pessimists may not like the idea of closer ties with China, the reason it is necessary – economic
globalization
– actually derives from the Washington Consensus principles that they so cherish.
While the forces fueling this trend – in particular,
globalization
and progress in digital technology – will be difficult to counter fully, their adverse effects can be mitigated through redistribution via the tax and social-security systems.
Learning
Globalization
From FootballFootball is not only the world’s most popular sport, but also probably its most globalized profession.
Those imbalances reflect a much broader phenomenon:
globalization.
This does not mean that
globalization
is a bad thing.
But rejecting the EU will not insulate them from the uncertainty resulting from
globalization.
Some have used disenchanting experiences with
globalization
as an excuse for a return to protectionism and the supposedly halcyon days of strong national borders.
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