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Why the World isn't flat
Transcript of Why the World isn't flat
"Why the World isn't Flat" is written by the well established Pankaj Ghemawat; he is an "economist, global strategist, professor, speaker and author" (Ghemawat). In his article, "Why the World isn't Flat", Ghemawat challenges Friedman's bestselling book The World is Flat claiming that "the world is not as nearly as connected" or Globalized as the majority of the population tends to believe. (Ghemawat 24). He believes the world lacks true global connections! the author focuses on the true lacking of globalization in ways such as leveling the imbalance between large and small, rich and poor. This is such a big problem in the world which is a strong point throughout his entire message.There is no longer such a thing as "local" nations, now they are known by the money that separates us and poor communication skills.
The 10% Presumption
While there is more investment in the world now than there has been when opportunities weren't as prevalent, the fact of the matter is that 90% of the fixed investment all around the world is still very domesticated, never reaching lower than 80%. So, in other words only 10% is international trade :(
A Strong National Defense
In Ghemawat's second assertion, under the subtitle "A strong National Defense" he claims that "even though barriers at borders have declined significantly, they have not disappeared"(26). We have become a globally integrated world, however Ghemawat believes that our lack of communication hinders globalization. According to the Cambridge Dictionary, Global Integration is " the process of which a company combines different activities around the world so they operate using the same methods!"
Ghemawat also believes that "we’re more wired, but no more “global” (Ghemawat 27), which explains the lack of actual physical interactions with one another.
In the last section “Turning Back The Clock”, Ghemawat see’s a future where globalization is very possible to restore in today’s society. In order for Ghemawats idea of true globalization, one cannot buy into the idea of the flat world and use it as a way of abiding by today's policy making.
Globalization is the process of interaction and integration among people, companies, and governments of nations, a process driven by international trade and investment and aided by information technology.
Why the World isn't flat!
1. communication through the internet is giving us a chance to communicate globally instead of just locally.
2.You can now found out if your child will have a certain disability before they are conceived, you can found out if you have certain cancer cells before the cancer cells show up, you can do so much now a days with technology that you could not do back then.
Turning back the Clock :)
Sooo...why isn't the World Flat?
The world is not flat because if it was wouldn't it be easier communicate and globalize quicker? Even though one country may be advanced, other countries are not especially in poorer states and countries. Even though globalization has a ways to go, this article reveals the truth, but gives the wold hope.