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Globalization can be partly responsible for the current global economic crisis. Case studies of Thailand and the Arab nations' view of globalization show that globalization is a threat to culture and religion, and it harms indigenous people groups while multinational corporations profit from it.
Globalization and Its Discontents is a book published in 2002 by the 2001 Nobel laureate Joseph E. Stiglitz. The title is a reference to Freud's Civilization and Its Discontents . The book draws on Stiglitz's personal experience as chairman of the Council of Economic Advisers under Bill Clinton from 1993 and chief economist at the World Bank ...
However, the agricultural sector's entrance in the global economy has meant that peasants have had to “learn about…the language of bankers and lawyers, market intelligence and computers, business administration and phytosanitary measures, biotechnology and intellectual property, and at least the rudiments of trade policy and macroeconomics.
The U.S. is undergoing a transformative shift away from globalization and toward localization, ... The Political Economy of Industrialization in Vietnam.” Her recent research focuses on the ...
What would happen if globalization ended? Find out the chilling and entertaining results in this study conducted by Credit Suisse. Globalization could be doomed — here's a chilling preview of ...
In the post-World War II period, states sacrificed globalization while embracing democracy at home and national autonomy. [7] The trilemma suggests that the backlash against globalization in the last few decades is rooted in a desire to reclaim democracy and national autonomy, even if it undermines economic integration. [7]
Economic globalization is one of the three main dimensions of globalization commonly found in academic literature, with the two others being political globalization and cultural globalization, as well as the general term of globalization. [1] Economic globalization refers to the widespread international movement of goods, capital, services ...
Economic slack, a term I unfortunately cannot take any credit for, broadly describes a situation where the economy isn’t performing as well as it could be. The most widely recognized symptom of ...