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Economic globalization is the interconnectivity of world economies and the interdependency of internal and external supply chains. [49] With the advancement of science and technology, the possibility of economic globalization is enabled even more. Economic factors have been defined by global boundaries rather than national.
The Lexus and the Olive Tree: Understanding Globalization is a 1999 book by Thomas L. Friedman that posits that the world is currently undergoing two struggles: the drive for prosperity and development, symbolized by the Lexus LS, and the desire to retain identity and traditions, symbolized by the olive tree.
Pandemic prevention is the organization and management of preventive measures against pandemics. Those include measures to reduce causes of new infectious diseases and measures to prevent outbreaks and epidemics from becoming pandemics. It is not to be mistaken for pandemic preparedness or mitigation (e.g. against COVID-19) which largely seek to mitigate the magnitude of negative effects of ...
Globalization is sometimes perceived as a cause of a phenomenon called the "race to the bottom" that implies that to minimize cost and increase delivery speed, businesses tend to locate operations in countries with the least stringent environmental and labor regulations. Pressure to do this is increased if competitors lower costs by the same means.
Anti-consumerism is a social movement against equating personal happiness with consumption and the purchase of material possessions. Concern over the treatment of consumers by large corporations has spawned substantial activism, and the incorporation of consumer education into school curricula.
Adam Lupel is the Vice President and Chief Executive Officer at the International Peace Institute (IPI) in New York. [2] [3]He was managing editor of Constellations: An International Journal of Critical and Democratic Theory [4] before joining IPI in 2006 as editor.
Criticism of globalization is skepticism of the claimed benefits of globalization. Many of these views are held by the anti-globalization movement . [ 1 ] Globalization has created much global and internal unrest in many countries.
Economic globalization is the intensification and stretching of economic interrelations around the globe. [3] [4] It encompasses such things as the emergence of a new global economic order, the internationalization of trade and finance, the changing power of transnational corporations, and the enhanced role of international economic institutions.