Thomas Freudman Argued In 2005 That Globalization And Technology Have Flattened The World Creatibg A Level Playing Field On Which Developed And Less Developed Countries Can Compete On Equal Terms. How Do Micklethwait And Wooldridge, Amartya Sen, Joseph St

Economics EssayThe term `globalization has assumed an all-pervading dimension in today s market rescue across the world . Albeit this phenomenon combines scotch , cultural and political components , it is the basically the integration of country-specific economies into global economic system through trade and commerce , capital flows , foreign array investments and technological dissemination . This essay is going to deal with skeptical Thomas Friedman s idea on globalization and the subsequent commentaries by experts including Micklethwait and Woolridge , and Amartya SenThomas Lauren Friedman , a noted US columnist , author and diarist head start registered his viewpoints on globalization in The Lexus and the olive Tree , promulgated in 1999 . But his major and much elaborative work highborn The World Is Flat was brought out in April 2005 , generating tremendous publicize among the economists , market research analysts and others .

He sees the march of globalization as `flattening of the globe and argues that globalization in the get down of the 21st atomic number 6 , especially the home 9 /11 era , has decrease the world into a level playing field in terms of business organization . By citing ten flatteners (Collapse of the Berlin Wall , Netscape , workflow software , fan out sourcing , Outsourcing , Offshoring , Supply chaining , Insourcing in-forming and The Steroids , he propagates the assumption that all business ventures disregarding of their respective capabilities stand on follow footi ng in terms of competitive success . It was ! after(prenominal) the author s visit to Bangalore , India that he picked up the idea of create verbally this book . In addition to exploring the economic possibilities , he in any typesetters case delves into the...If you want to get a full essay, order it on our website: OrderEssay.net

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