Globalization
in sentence
2352 examples of Globalization in a sentence
A second lesson that I learned is also useful for the EU, which finds itself in a world in which new powers are emerging and where all actors from Manila to Algiers, from Doha to Libreville, must deal with the challenges of
globalization
and interdependence on a daily basis.
There have been large structural shifts in the world economy (e.g., trade and financial globalization) as well as in individual economies (such as the decline in trade union power).
Indeed, almost every period of
globalization
and prosperity has been accompanied by symbiotic imbalances.
Against the backdrop of rapid globalization, the individual risks and costs of moving internationally will continue to fall.
For starters, the post-1992 reforms coincided with a surge of globalization, which provided China with massive capital inflows (about $1 trillion in foreign direct investment since 1992), a slew of new technologies, and virtually unimpeded access to Western consumer markets.
Many of the agitators’ bugbears are indeed worthy of criticism: the European Union’s opacity, the duplicitousness and greed of Wall Street bankers, the reluctance to tackle problems caused by mass immigration, the lack of concern for those hurt by economic
globalization.
In the new political geography, China, Russia, India, and others see each of these challenges as opportunities to shape the future of
globalization
on their own terms.
Those who happen to live and work in traditional manufacturing districts caught in the turmoil of
globalization
are multiple losers: their jobs, their housing wealth, and the fortunes of their children and relatives are all highly correlated.
The Retreat of Global DemocracyA nasty, unintended side-effect of
globalization
is its corrosive effect on democracy.
Even if individual countries are becoming more democratic, it seems, the sum of global democracy is shrinking thanks in no small part to
globalization.
But
globalization
means that nations and peoples can exert an asymmetric influence.
Thanks to globalization, however, dominant nations have a variety of new tools with which to influence other countries short of war.
Experts are accused of being biased, not necessarily because they are captured by special interests, but because, as a profession, they support the mobility of labor across borders, trade openness, and
globalization
more generally.
Defeating populism will require leaders to acknowledge the people left behind as a result of globalization, but also to dispel the myth that there is a quick fix, or that
globalization
can simply be reversed.
If the EU is going to quell the revolt against globalization, free trade, and open societies, it will need more leaders and fewer managers.
Here, too, the right choice is clear: EU leaders should offer Europeans a new social contract, based on the understanding that people’s legitimate fears about
globalization
should be met with a collective, progressive European response.
The EU has been a major force behind globalization, and only the EU has the power to help manage the consequences.
Even without crisis-related imbalances, structural flexibility in all economies is necessary to adapt to the shifts caused by
globalization
and the labor-saving and skill-biased technological shifts associated with the rising value of digital capital.
Indeed, that is the true meaning of
globalization.
These issues represent the dark side of
globalization.
But, in the early 2000’s,
globalization
triggered the “second unfreezing” by facilitating rapid economic growth in Asian countries that, for two centuries, had been constrained by Western dominance, Cold War rules and institutions, and rampant poverty.
But, resting on the laurels of the EU’s founders, successive European leaders largely failed to perceive the competitive challenges posed by
globalization.
The AKP’s support came from both the winners and losers of globalization, from conservative middle Anatolia and cosmopolitan Istanbul, from the nationalist Black Sea region and the predominantly Kurdish Southeast.
Globalization
has lifted millions of people out of extreme poverty, but has left them exposed to the non-communicable diseases of the post-industrial age – from diabetes to heart disease – in countries that lack the resources to treat them.
Its the Size of the Market, not the Country that CountsROME: Talk of globalization, of a global economy, is unavoidable.
Globalization
allowed small postcommunist countries (say, the Baltics) to exist and begin to prosper, at least relatively.
Concerns about currency appreciation damaging export competitiveness would be assuaged, as
globalization
and artificial intelligence continue to create competition for workers.
As a result, the subsequent spurt of
globalization
has proceeded with no one steering the wheel - and thus with no means to implement new thinking for a better world.
For the UK’s Brexiteers, the borderless world that the EU, with its commitment to globalization, represents is destroying the nation-state, which better protected their interests.
Trump paints a bleak picture of life in the US today, blaming
globalization
(specifically, immigration) and the “establishment” leaders who have advanced it for the struggles of ordinary American workers.
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