Globalization
in sentence
2352 examples of Globalization in a sentence
What Macron is trying to do is update France’s economic operating system, shifting from the reparative approach of the past to a preparatory model that can better address the challenges generated by digital technology, globalization, and rapid innovation.
The strategic options confront equally fresh terrain, perhaps similar to when mass media opened a new era of marketing, or
globalization
required radical reshaping of organizational footprints.
However, Hong Kong has some distinguishing features, including a very internationally minded and outward-looking government, owing to our close integration into world markets long before
globalization
became a catchphrase.
Nowadays,
globalization
is inescapable.
But the backlash against economic
globalization
is only half of the story.
There has also been a backlash against cultural
globalization
– encompassing cosmopolitanism, multiculturalism, and secularism – driven by those who seek the comforts of traditional ethnic, religious, or national identity.
The economic and cultural backlashes against
globalization
do not always overlap.
Taken together, the two types of backlash against
globalization
explain why protectionist barriers to the free flow of goods, capital, and labor have been erected even in developed Western countries that long advocated greater openness.
With total economic growth outpacing world trade growth of less than 2.5%,
globalization
has been rolled back decades.
Yet, while
globalization
isn’t perfect, it has pulled millions out of poverty in developing countries like China and India, created new markets for goods made by poor countries, and reduced prices for rich-country consumers.
The student demonstrators in the streets of Paris recently don’t want to become like Chinese and Indians; they reject the logic of
globalization
and refuse to surrender hard-won social guarantees.
Unfortunately, although European leaders recognize the Asian challenge, they have failed to use it as a reality test in the irresistible process of
globalization
and as a call to arms in social and economic terms.
Populist doubts about the wisdom of
globalization
are now rumbling across the Pacific and around the globe.
Imperfect as the EU is, it still represents the best response to
globalization
yet seen among any extended group of countries.
Today, it is the leading critic of Ecuador's "neo-liberal" policies related to
globalization.
Reform coincided with increasing globalization, unleashing forces that restructured not only Chinese industry, but also production processes around the world as China challenged established manufacturers and became part of global supply chains.
The real problem, obviously, is not the EU; it is the failure of the British political class to provide meaningful help to the casualties of
globalization.
The populist backlash against
globalization
in the West will not be stilled by Macron’s victory, and could still lead to protectionism, trade wars, and sharp restrictions to migration.
But with the Trump administration now disengaging from globalization, that seems less and less likely.
Outsourced and Out of WorkThe latest buzzword in the
globalization
debate is outsourcing.
Suddenly Americans - long champions of
globalization
- seem concerned about its adverse effects on their economy.
But there is, I think, an even deeper reason for concerns about outsourcing of, say, hi-tech jobs to India: it destroys the myth - which has been a central tenet of the
globalization
debate in the US and other advanced industrial countries - that workers should not be afraid of
globalization.
First, as America grapples with the challenges of adjusting to globalization, it should be more sensitive to the plight of developing countries, which have far fewer resources to cope.
Many of
globalization'
s advocates continue to claim that the number of jobs outsourced is relatively small.
Putting one's head in the sand and pretending that everyone will benefit from
globalization
is foolish.
The problem with
globalization
today is precisely that a few may benefit and a majority may be worse off, unless government takes an active role in managing and shaping it .
The French perceive Europe as distant, technocratic, and often the Trojan horse of liberal
globalization
and deindustrialization.
Countries were advised to abandon their national development strategies in favor of globalization, market liberalization, and privatization.
An analogous structural transformation, this time not from agriculture to manufacturing, but from manufacturing-led growth to services-led growth, compounded by the need to adjust to globalization, marked the economy in the years before the 2008 crisis.
Mismanaged
globalization
and financialization, as well as tax cuts for the rich – including the cut in capital-gains tax (overwhelmingly benefiting those at the very top) during the Clinton and Bush administrations – were major causes of accelerating concentration of income and wealth.
Back
Next
Related words
Economic
Countries
World
Trade
Which
Global
Their
Financial
About
Political
Against
People
While
Growth
Would
Economy
Social
Markets
International
There