Globalization
in sentence
2352 examples of Globalization in a sentence
The Rise of the BRICsPRINCETON -- The winners of the great
globalization
push of the 1990’s were small states such as New Zealand, Chile, Dubai, Finland, Ireland, the Baltic Republics, Slovenia, and Slovakia.
In the world of pure globalization, small states do best, because they are more flexible and can adapt more easily to rapidly changing markets.
On the international stage, large states try to make international rules, and often build their domestic legitimacy on their claims to be able to shape a larger world: they think in terms of what French thinkers call “harnessing globalization.”
They have their own problems, but at the same time they are likely to behave more like traditional big states, and will try to shape
globalization
rather than simply accepting it as an inevitable process.
For starters, by lowering trade and investment barriers,
globalization
has created a sort of winner-take-all environment, in which the most technologically advanced actors have gained market share through economies of scale.
Some crucial changes in the political economy of Western capitalism in the 1980’s can also be viewed in this light: the rise of neoliberal ideology, the growing inequality of wealth and incomes, the increase in structural unemployment, the growth of financial services, globalization, the invention of post-Cold War threats to sustain military spending, and so on.
The Korean state's inability to supervise and manage the impact of financial globalization, made worse not better since the civilian Kim Young Sam assumed power in 1993, is the direct cause of crisis.
Fearing opposition, the government failed to restructure the economy to meet challenges of
globalization.
No matter the depth of reform, the role of the state in managing globalization, and the continuing Confucian disciplines, are likely to remain as vital as ever.
The dualistic nature of developing societies has become more accentuated as a result of
globalization.
For these countries,
globalization
is a mixed blessing.
The natural-resource industries that
globalization
promotes have limited capacity to absorb employment out of traditional sectors.
Today ought to be a golden age for center-right parties: Communists and Socialists have self-destructed, free markets are spreading as inexorably as globalization, and prosperity beckons.
EMDCs might increasingly insulate themselves by erecting walls to foreign capital and closing themselves off from world markets: a reversal of
globalization.
Moreover,
globalization
means that the US capital market’s failure spreads misery around the world.
It exposes some real issues of social equity and hostility to
globalization
that need to be addressed.
When those left behind by
globalization
and London’s Big Bang complained that immigrants were making it even harder to find jobs, they were too easily dismissed as racists.
That, combined with slow progress on financial-sector reform, makes it likely that risk-aversion will prevail, which could slow, if not reverse, financial globalization, and probably lead to slower growth in many countries.
China has been an enormous beneficiary of this system, and its rise would have been unthinkable without the US-led free-trade system and
globalization
process, access to US markets, and global shipping lanes secured by the US Navy.
Sometimes people are so confident about the robustness of
globalization
that they assume that it can't be reversed: but this is exactly what each round of financial and economic turbulence threatens.
The conventional wisdom still stands: underlying Trump’s election was the median household’s perception that it had been left behind by
globalization
and technological change, with the gains from those developments having gone to the rich instead.
Yet, in a letter published soon after by the same magazine, Justin Forsyth of Oxfam claimed that “..current patterns of growth and
globalization
are widening income disparities and hence acting as a brake on poverty reduction.”
An increasing number of Latin American countries have elected left-wing presidents who criticize market reforms and
globalization.
The EU proved over the last few decades that it could be a force for
globalization
– tearing down barriers between peoples and nations.
This would also be unrealistic, because in the current age of globalization, any claims to democracy would be exposed as obviously false.
Finally, at the international level, the
globalization
of tertiary education has become evident in rising flows of students between high-income, emerging-market, and poorer countries; in ever-improving Internet-based access to knowledge; and in the proliferation of global institutional partnerships.
Belonging to a particular cultural group is merely a pretext for battles between the winners and losers of
globalization.
In fact, judging by Trump’s performance at the recent G7 summit in Sicily, we can expect to see him continue his attack on
globalization
at the G20 summit in Hamburg this week.
Few countries have embraced
globalization
more wholeheartedly than Mexico, which is now one of the most open economies in the world.
Globalization
and the Beautiful GameCambridge – How does
globalization
reshape wealth and opportunity around the world?
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