Globalization
in sentence
2352 examples of Globalization in a sentence
Along with globalization, this has made it very difficult for newcomers to break into world markets for manufacturing in a big way and replicate the experience of Asia’s manufacturing superstars.
In developed countries,
globalization
and automation have already produced significant shifts in labor markets and income distribution.
While the benefits of
globalization
have been enormous, they have been unevenly spread.
Attitudes toward
globalization
and digital technology also tend to be more positive in high-growth developing countries like India and China, where progress is highly visible and digital technologies look more like growth engines than threats.
This implies the continued
globalization
of finance, which will be essential to allocate money from capital-rich regions to their poor, capital-scarce counterparts, as well as to develop local capital markets that can facilitate capital formation and protect countries from the vagaries of global sentiment.
Recently, the US National Intelligence Council published four widely different scenarios for the world in 2020: Davos World, in which economic
globalization
continues, but with a more Asian face;Pax Americana, where the US continues to dominate the global order;New Caliphate, where Islamic religious identity challenges the dominance of western norms; and Cycle of Fear, in which non-state forces create shocks to security that produce Orwellian societies.
While the largest number of Muslims live in Asia, they are influenced by the heart of this struggle in the Middle East, an area that has lagged behind the rest of the world in globalization, openness, institutions, and democratization.
The dynamic process of
globalization
has resulted in unprecedented levels of growth and interdependence.
This process became known as
globalization
only after China and India joined in during the 1980s, but it had started long before.
It was globalization, after all, that created what in France became known as Les Trente Glorieuses – the 30 glorious years of rapidly rising living standards following the end of WWII.
Le Pen and her fellow populists claim that
globalization
was either an act of foolish generosity that helped the rest of the world at the expense of the nation, or a phenomenon that benefited only the elites and not ordinary people.
The patriotic choice – the national interest – has always consisted in crafting domestic policies that best take advantage of
globalization.
Many on the left rightly disdain the easy surrender of others on their side to the premise that
globalization
has rendered the nation-state irrelevant.
Free competition produces more wealth than state control;
globalization
prevents states from abusing their power and offers a degree of freedom that no state could provide.
But
globalization
has its downside: financial markets are unstable; free competition creates and reinforces inequalities nationally and internationally; collective interests, from preservation of peace to human rights and environmental protection, receive short shrift.
To enjoy
globalization'
s benefits we must address these shortcomings on an international scale.
Above all, they fear globalization, which, in their view, has brought the menacing “other” into their daily lives and undermined their livelihoods, while benefiting only the elites.
This is all the more important today, because the
globalization
of value chains is delocalizing supplier-customer relations.
The origins of the Great War include a fascinating precedent concerning how financial
globalization
can become the equivalent of a national arms race, thereby increasing the vulnerability of the international order.
How to Boost Foreign InvestmentMADRID – Economic globalization, together with a rebalancing of power between the world’s north and south, has made developing countries, and many companies within them, key global economic actors.
In the years preceding the financial crisis, increasing
globalization
and technological advances made it much easier for central banks to deliver both solid growth and low inflation.
After all, it was the Republicans who had blocked assistance to those losing their jobs as a result of the
globalization
they pushed assiduously.
At the same time, the new model that emerges will still have to account for major forces that sustained the old model, especially the forces of
globalization
and technological innovation that voter resistance will not stop.
Savvy investors will look for companies that can withstand the current populist revolt against
globalization
and take advantage of incipient economic and technological trends.
Whatever the problems in the financial system, the massive improvements over the years in technology, productivity, and social progress – the real fundamentals – are a genuine testament to the power of
globalization
as a force for good.
It would be absurd to condemn, as some do,
globalization
as the main and only culprit in the erosion of traditional sources of support for the poor.
But
globalization
makes the weakest among us more visible, and therefore makes the absence of social justice more unacceptable.
They must unite societies divided by powerful global forces, such as
globalization
and rapid technological innovation.
Today’s conventional wisdom links the emergence of populist movements around the world, including the election of President Donald Trump in the US, to the people who have missed out on the benefits of
globalization.
She has railed against immigration, Islam, globalization, multiculturalism, NATO, the elites, the “system,” the markets, the media, and, above all, the European Union – the monster supposedly responsible for all of France’s ills.
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