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(a)-pervading dimension in today s market thriftiness across the world . Albeit this phenomenon combines frugal , cultural and political components , it is the basically the integration of country-specific economies into global economy through trade and commerce , capital flows , foreign luff investments and technological dissemination . This essay is going to deal with doubting 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 journalist outgrowth registered his viewpoints on globalization in The Lexus and the Olive Tree , published in 1999 . But his major and more elaborative work titled The World Is Flat was brought out in April 2005 , generating tremendous wad among the economists , market research analysts and others .

He sees the process of globalization as `flattening of the globe and argues that globalization in the beginning of the 21st carbon , especially the post 9 /11 era , has reduced the world into a level playing field in terms of business . By citing ten flatteners (Collapse of the Berlin Wall , Netscape , workflow software , Open sourcing , Outsourcing , Offshoring , Supply chaining , Insourcing in-forming and The Steroids , he propagates the assumption that all business ventures regardless of their respective capabilities stand on advert footing in terms of competitive success . It was after the author s visit to Bangalore , India that he picked up the idea of written material this book . In addition to exploring the economic possibilities , he alike delves into the...If you want to get a full essay, order it on our website: Orderessay

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