Dean Search_Globalization OpEd

Dean Search_Globalization OpEd - Dean Search Professor...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Dean Search Professor Washington International Business 31 January 2011 Globalization Globalization is unmistakably defined as the trend toward greater economic cultural, political, and technological interdependence among national institutions and economies. There is an ongoing debate that has people struggling to decide whether globalization is advantageous or possibly harmful. The arguments that are in favor of globalization are: increases wealth and efficiency in all nations, advances economies of developing nations, and generates labor market flexibility in developed nations. On the contrary, arguments against globalization are: eliminates jobs in developed nations, lowers wages in developed nations, and exploits workers in developing nations. However the benefits of globalization clearly outweigh the detriments of it (Wild, Wild, Han). Despite the variety of arguments in favor of globalization, one is particularly powerful. This argument is that globalization increases wealth and efficiency in all
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 3

Dean Search_Globalization OpEd - Dean Search Professor...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online