Sunday, May 25, 2014
Ian Goldin: Navigating Our Global Future
In this interesting video from TEDGlobal 2009, Ian Goldin discusses how globalization is advancing but there is a growing gap between who benefits from this advancement. He states that we need to focus on how to learn from our experience with globalization so far, and prepare to be able to take care of generations in the future. But first, we have to recognize this growing gap so that then we can realize that we are able to improve life for everyone.
When looking at the affects of globalization in Vietnam, they did experience a growing gap between social classes. From looking at research from different sources you can see that globalization allowed most to move out of poverty by them migrating to the bigger cities and getting new jobs that had higher wages. But this left behind those who didn't migrate, those who stayed back in the more rural areas. It is time to think about what to do in order to lessen this gap, how to make it so globalization helps an entire economy rather than just the higher classes.
Monday, May 19, 2014
Guarded Globalization?
Are we entering a new era of globalization? Are the rules and the major players of the game changing?
As I was researching the impacts of globalization for my paper I stumbled upon an interesting article. Ian Bremmer wrote this piece "The New Rules of Globalization" which was published in the Harvard Business Review. He states that we are entering a different phase of globalization called "guarded globalization" where governments of developing nations are skeptical of participating in global business in the aftermath of the global recession. He lists many factors as to why this could be happening, I found the most interesting to be the fact that China now establishes the international business rules rather than follows them. It seems to me like the major players of the global world are changing and not necessarily for the better. Developing countries now feel as if their are new costs and risk associated with globalization, and there seems to be an uncertainty of the future attached to it.
But are these countries sort of in between a rock and a hard place? For developing countries, there are many benefits to globalization, but are those benefits now being outweighed by the consequences? Would it even be possible for them to shut down their borders and refuse to participate in our global world?
To read more of Ian Bremmer's article click HERE.
As I was researching the impacts of globalization for my paper I stumbled upon an interesting article. Ian Bremmer wrote this piece "The New Rules of Globalization" which was published in the Harvard Business Review. He states that we are entering a different phase of globalization called "guarded globalization" where governments of developing nations are skeptical of participating in global business in the aftermath of the global recession. He lists many factors as to why this could be happening, I found the most interesting to be the fact that China now establishes the international business rules rather than follows them. It seems to me like the major players of the global world are changing and not necessarily for the better. Developing countries now feel as if their are new costs and risk associated with globalization, and there seems to be an uncertainty of the future attached to it.
But are these countries sort of in between a rock and a hard place? For developing countries, there are many benefits to globalization, but are those benefits now being outweighed by the consequences? Would it even be possible for them to shut down their borders and refuse to participate in our global world?
To read more of Ian Bremmer's article click HERE.
Subscribe to:
Posts (Atom)