How Has Globalization Flattened The World?

Globalization 2.0 (1800 to 2000)

shrank the world

from a size medium to a size small, and it was spearheaded by companies globalizing for markets and labor. Globalization 3.0 (which started around 2000) is shrinking the world from a size small to a size tiny and flattening the playing field at the same time.

How does globalization flatten the world?

Knowing what is going on in the world is the first step toward becoming educated about globalization. But how is it that we got to this place?

Technology

, of course, is one of the major causes of the flattening of the globe.

What is the flattening of the world?

Friedman proposes the notion that the world is flattening—that

around the world the competitive playing field is being leveled

, especially with respect to jobs. With the increasing availability of technology, it is no longer necessary for societies to rely on hierarchical structures for access to information.

How has the world been changed by globalization?

Globalization has benefits that cover many different areas. It

reciprocally developed economies all over the world and increased cultural exchanges

. It also allowed financial exchanges between companies, changing the paradigm of work. Many people are nowadays citizens of the world.

What did Thomas Friedman mean when he said that the world is flattening?

Friedman believes the world is flat

in the sense that the competitive playing field between industrial and emerging market countries is leveling

; and that individual entrepreneurs as well as companies, both large and small, are becoming part of a large, complex, global supply chain extending across oceans, with …

What does it mean to describe The World Is Flat?

The title is a metaphor for viewing the world as a level playing field in terms of commerce, wherein

all competitors, except for labor, have an equal opportunity

.

Is the world spiky or flat?

If metropolitan regions are the building blocks of global economies, the

world is neither flat nor spiky

; instead, it is rough and uneven, marked by regional clusters that require intergovernmental coordination and regional governance strategies for successful economic development.

What are the ten forces that flattened the world?

• The fall of the Berlin wall.
• The World Wide Web and the internet.
• Workflow software.
• Uploading.
• Outsourcing.
• Offshoring.
• Supply chaining.
• Insourcing.

What is globalization according to Steger?

Globalization refers to

the expansion and intensification of social relations and consciousness across world-time and world-space

. It is a multi-dimensional phenomenon involving economics, politics, culture, ideology, environment, and technology.

What are 3 negative effects of globalization?

It has had a few adverse effects on developed countries. Some adverse consequences of globalization include

terrorism, job insecurity, currency fluctuation, and price instability

.

What are the negative effects of globalization on economy?

This has an impact on income distribution. Globalisation therefore has negative income effects for certain people and regions in the countries involved. This can lead to

growing social tensions

that have a negative impact on economic development. Social tensions can also lead to increasing populism.

What is the OLPC project has it been successful?

The OLPC has made

the children even more comfortable with word processor tasks

. The children have even shown increased cognitive abilities, but the internet skills were limited due to the lack of access to the internet.

How has globalization shaped and altered your life?

In many instances, quality of life has improved for those who live in developing nations. For many developing nations, globalization has led to an

improvement in standard of living through improved roads and transportation, improved health care

, and improved education due to the global expansion of corporations.

How does globalization improve the economy of the Philippines?

Evidence suggests that globalisation has a

positive effect on the country’s economic growth and employment

. In particular, trade openness and foreign portfolio flows have contributed to higher per capita GDP growth in the Philippines, following the implementation of FX liberalisation reforms.

What are the potential impact of a flat world for a student performing a job search?

2. What are the potential impacts of a flat world for a student performing a job search?

Students will have a relatively harder time with job searches

because now they will have to be the best of the best in this flat world we live in now. The competition is stronger and more difficult to infiltrate.

What are the causes of globalization?

• Improved transport, making global travel easier. …
• Containerisation. …
• Improved technology which makes it easier to communicate and share information around the world. …
• Growth of multinational companies with a global presence in many different economies.

Why does Richard Florida say the world is spiky?

Another voice in the debate, Richard Florida, argues that

the world is not flat

, but rather, spiky. Florida argues that most economic activity is concentrated in relatively few areas—spike cities where creative talent migrates and coalesces. Look no further than Silicon Valley as evidence of this phenomenon.

What is Friedman’s triple convergence?

Flat World – Triple Convergence. Around 2000 of ten of the flatteners started to converge and work together to created a new, flatter, global playing field. In this new flat playing field, businesses and people adopted new habits, skills and processes. They moved from mostly vertical methods to more horizontal methods.

Which of the Flatteners do you think is having the biggest impact today?

I find that the flattener that has the biggest impact today is

the concept of uploading

. Uploading allows people to continuously share information over the internet. This information helps to empower individuals and connect others. The educational aspect that uploading provides also makes a major impact on our world.

What is a flattener definition?

Noun. flattener (plural flatteners)

Anything that flattens

. (finance) A trade whose terms are based on the assumption that the rate of return will decrease.

What are the advantages 2 disadvantages 2 of globalization?

• Globalization allows us to pool all our resources together. …
• Globalization would also reduce labor exploitation issues. …
• Globalization reduces the prospects of tyranny. …
• Globalization improves communication access.

What is the opinion of Manfred Steger about globalization?

Manfred Steger, professor of Global Studies at the University of Hawaii at Manoa argues that

globalization has four main dimensions: economic, political, cultural, ecological, with ideological aspects of each category

.

What are the advantages and disadvantages of globalization?

• Transfer of Technology.
• Better Services.
• Standardization of Living.
• Development of Infrastructure.
• Foreign Exchange Reserves.
• Economic Growth.
• Affordable Products.
• Contribution to World GDP Growth Rate.

Why is globalization bad for the world?

They may pollute the environment, run risks with safety or impose poor working conditions and low wages on local workers. Globalisation is viewed by many as

a threat to the world’s cultural diversity

.

What are some bad things about globalization?

• Unequal economic growth. …
• Lack of local businesses. …
• Increases potential global recessions. …
• Exploits cheaper labor markets. …
• Causes job displacement.

Is globalization helping or harming the world?

Globalization produces

both winners and losers among the poor

. Some studies show that globalization has been associated with rising inequality, because the poor do not always share in the gains from trade. … But, at the same time, trade and foreign investment alone are not enough to alleviate poverty.

What is the One Laptop Per Child project has it been successful?

What are the problems that Philippines is facing because of globalization?

While there are positive consequences of globalization –

decentralization of power, improved governance, economic efficiency and expanded communications

– there are also challenges posed by it. Negative outcomes include persistent poverty and increasing inequalities.

How can we make Philippines a better country?

1. Use your vote. Your voice matters. …
2. Abide by the law. …
3. Set a good example to others, especially to the children. …
4. Support local products and crafts. …
5. Opt to walk or take public transportations. …
6. Protect the environment. …
7. Practice patriotism.

What are some advantages of globalization?

• Access to New Cultures.
• The Spread of Technology and Innovation.
• Lower Costs for Products.
• Higher Standards of Living Across the Globe.
• Access to New Markets.
• Access to New Talent.
• International Recruiting.
• Managing Employee Immigration.

Does one laptop per child still exist?

OLPC exists today

. It is a small operation with projects in Africa, Asia, and Latin America (see here and here).