Globalization
in sentence
2352 examples of Globalization in a sentence
The New/Old Politics of GlobalizationDebates and protests about
globalization
have been muted since last September's terrorist attacks.
Indeed, protests about
globalization
seem likely to return with more normal times.
What had before 1914 been safety nets against excessive
globalization
became after the WWI gigantic snares which strangled the world economy.
The most remarkable characteristic of
globalization
backlashes is how they create an odd alliance of right and left.
For these groups,
globalization
amounted to redistribution.
"There is," he wrote in an echo of today's
globalization
debates, "a certain situation of capitalistically disorganized economies, in which the higher culture is not victorious but rather loses in the existential fight with lower cultures."
In the center - beleaguered by the anti-global reactions of left and right - a liberal commercial elite saw the products of economic opening or
globalization
as wholly beneficial.
The old triple polarization only returned with the new wave of
globalization.
In the modern center is something similar to the endangered liberal order of late 19th century Europe: the political movement of an elite that espouses
globalization
because it benefits from it.
The costs of globalization, and the resentments that it generates, are too obvious.
If repeated, this pattern may erode confidence in financial markets and regulators, which could well lead to heavy-handed regulation, the expansion of the state, and retrenchment from
globalization.
Dani Rodrik of Harvard University issued a pointed rebuke to those who assume that today’s populism can be addressed simply with better social programs, rather than with a more comprehensive revision of the rules of
globalization
itself.
Free Trade’s Diminishing ReturnsKUALA LUMPUR/MOSCOW – In its May 2010 “Global Survey,” McKinsey & Company reported that, “the core drivers of
globalization
are alive and well.”
Flat or Falling Incomes in Advanced Economies,” the McKinsey Global Institute asserts that developed countries should not expect further gains from the process of
globalization.
The years since 2005 have shown
globalization
to be a double-edged sword, and even conservative politicians worldwide have stopped cheerleading for it.
Trump’s base of support comprises white working-class voters who feel that
globalization
has destroyed their prospects for economic success and security.
The main item on the agenda now is to design better social insurance, in order to minimize the pain from reallocation, be it from deregulation, technological progress, or
globalization.
They can try to stop product market reforms altogether and, by the same token, try to stop trade liberalization and
globalization.
At the same time, the information society and
globalization
have made ours a more insecure world, where we experience risks that politics-as-usual has been unable to address.
With the breakdown of the Bretton Woods system in 1971, the world embarked on a bold new adventure in
globalization.
On the contrary, it predicts that
globalization
will generate winners and losers, and decades of experience have borne that out.
But for Westerners whose primary source of income is the sale of their unskilled labor to the marketplace, the era of
globalization
has coincided with decades of wage stagnation.
When they promote
globalization
as a universal leveler, they are generally not thinking about the welfare of unskilled Chinese workers so much as their own self-interest.
But while
globalization
has narrowed the gap between rich and poor countries, the gap between the rich and the poor within Western democracies has widened, owing to stagnant growth in median income.
These findings should not come as a surprise: it is well-known that rapid technological change and
globalization
have contributed immensely to the creation of a winner-take-all economy, in which those with a first-mover advantage accrue a disproportionate share of the benefits of growth.
The backlash against
globalization
– and, in some cases, against capitalism itself – demands economic policies that not only address problematic distributional effects, but also preempt them.
Do we view
globalization
– with technology, communication, migration, and travel pushing us closer together – as something to be embraced but made to work fairly, or as a threat to our traditional way of life that must be resisted?
The first ignores the essence of the problem; the second undermines faith, which still has a hugely important role to play in civilizing
globalization
and infusing it with spirit.
Given the high degree of trade and financial
globalization
that now characterizes the world economy, there is no doubt that the slowdown in the advanced economies, which account for two-thirds of global GDP, will undermine emerging-country growth.
By advancing
globalization
– by forcing ever-more openness down the people’s throat – they have accumulated massive wealth, which they then protect through tax avoidance, offshoring, and other schemes.
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