Globalization
in sentence
2352 examples of Globalization in a sentence
Indeed, the two combine to produce a neatly perverse analysis:
globalization
is bad because it gives our race’s jobs to other races in developing nations.
In the last few decades of rapid globalization, nationalism never really left, but it did take a backseat to hopes of greater economic prosperity.
Yet the recent backlash against
globalization
– triggered not only by economic insecurity and inequality, but also by fears of social and demographic change – has brought a resurgence of old-fashioned ethnic nationalism.
He has reached out to workers who feel betrayed by the “system” and threatened by
globalization
and new technologies; and to teachers and health-care professionals who recognize that public education and health-care services need deep reforms to sustain the social solidarity that they underpinned in the past.
And he views
globalization
as a good thing, but understands that it must be managed through durable, efficient international agreements and institutions.
This much is clear: addressing the plight of the world's poorest countries and providing the global public goods needed in this age of
globalization
requires us to explore innovative ways of raising the necessary financing.
Policymakers need to shed received wisdom and forget useless dichotomies such as “markets versus government” or “nation-state versus globalization.”
Developing-country workers took advantage of the bargaining power that
globalization
afforded them to gain resources for their own consumption.
Put another way,
globalization
lowered the wages of low-skill advanced-country workers because others would perform their jobs more cheaply, and then consume the value that they had created.
A lot of public attention and worry nowadays surrounds the new risks that
globalization
and information technology create for our wages and livelihoods.
But if weak productivity growth persists – and with it subpar growth in wages and living standards – the recent populist backlash against free trade, globalization, migration, and market-oriented policies is likely to strengthen.
Trade economists study the implications of
globalization
on inequality within and across countries.
As a result, economists are rarely viewed as honest brokers in the public debate about
globalization.
It is also possible to see in the politics of both parties mounting concern about
globalization.
Of course, political protests have been global for decades, as past marches against the Vietnam War, nuclear weapons, and
globalization
itself demonstrated.
Sorting out the Debate on GlobalizationCAMBRIDGE: Confusion reigns supreme in the heated debate on
globalization.
For some,
globalization
is the road to prosperity for poor countries, and it certainly seems that countries such as Singapore, Taiwan, Korea, Chile and a few others have gotten much richer in the past 25 years through an economic strategy based on export growth and participation in the global economy.
For others,
globalization
is a curse under which poor countries are bound to fall further and further behind.
The answer, of course, is that life is more complicated than the contrasting positions of
globalization
as panacea or curse.
For some,
globalization
is a pretty reliable ticket to success; for others, it will have little effect by itself, since the most pressing social and economic crises hitting those countries can’t be solved by free trade or market reforms alone.
These countries are not much helped by
globalization.
For them,
globalization
is not a curse, but it is hardly a solution.
A full development strategy therefore requires a combination of
globalization
with sufficient public investment.
Many of the protesters at the IMF, World Bank, and WTO meetings have been ill informed about the potential benefits of world markets, but they have been absolutely right about the politics of
globalization.
Many countries are clearly not benefiting from globalization, and are falling further and further behind into extreme poverty.
We therefore need a new strategy for
globalization
that ensures that much more of the world will benefit from the expansion of world markets.
Just tens of dollars per person per year would generate tens of billions of dollars of increased foreign assistance and make a profound difference in the quality of life, and in the benefits of globalization, for the world’s poorest people.
But now the backlash against
globalization
– and the freer movement of goods, services, capital, labor, and technology that came with it – has arrived.
These forces loathe the alphabet soup of supra-national governance institutions – the EU, the UN, the WTO, and the IMF, among others – that
globalization
requires.
Even the Internet, the epitome of
globalization
for the past two decades, is at risk of being balkanized as more authoritarian countries – including China, Iran, Turkey, and Russia – seek to restrict access to social media and crack down on free expression.
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