globalization. “it has been said that arguing against globalization is like arguing against the...
TRANSCRIPT
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Globalization
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“It has been said that arguing against globalization is like arguing against the laws of
gravity.” - Kofi Annan
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Definition
The process of the world becoming more interconnected through increased interaction and communication
It can take place through Trade Technology Politics Culture Religion Etc…the list is endless
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DOMINANT!
For decades the American economy was…
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We’ll fix that tomorrow mentality
America was ahead of the world in so many areas, Technology Cars Manufacturing Innovation
America was competing against…
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POLITICAL AND TECHNOLOGICAL
EVENTS PAVED THE WAY
What events started the globalization trend of the past
30 years?
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BROKE DOWN POLITICAL/CULTURAL/ECONOMIC BARRIERS
The Berlin Wall came down: Nov. 9th, 1989
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Microsoft Windows 3.0 launched six months later
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Then came Netscape in 1995
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The late 1990s Dotcom Bubble Grew
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BUT ITS IMPACT REMAINED AS AMERICAN COMPANIES HAD INVESTED BILLIONS IN
TECHNOLOGY INFRASTRUCTURE
And Burst…
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GREATER POLITICAL OPENNESS AND UNIVERSAL OPERATING SYSTEMS FOR
COMPUTERS HELPED FACILITATE COMMUNICATION AND TRADE
The Results
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Suddenly, the playing field
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EASTERN EUROPE, CENTRAL ASIA, AND LATIN AMERICA
HAVE ALL CHALLENGED AMERICA’S ECONOMIC POSITION
Emerging Markets: China, India and Russia
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Three Gaps are “plaguing” America
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AMERICA DOES NOT PRODUCE AS MANY ENGINEERS AND SCIENTISTS AS IT SHOULD/NEEDS
The Numbers Gap
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AMERICA’S EDUCATIONAL POSITION IN THE WORLD HAS DECLINED
The Education Gap
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AMERICANS HAVE BECOME COMPLACENT AND HAVE LOST THEIR COMPETITIVE EDGE
The Ambition Gap
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GLOBALIZATION VIDEO
Globalization: Got it yet?
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Economic Political Cultural
Positive Opportunities Presented by Globalization
Negative Challenges Created by Globalization
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Renaissance, Reformation, Scientific Revolution:
Challenged the Status Quo/Authority of the Church
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Technology Paved the Way
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Then and Now: Winners and LosersEurope Benefited at the Expense of the
Native Populations of Africa and the Americas