The phrase: "the world is flat" can be interpreted in many ways. Basically what Friedman means by "flat" is "linked." The falling of trade and political barriers and technical advances have made it possible to do business‚ instantaneously with billions of other people around the world. It has allowed for parts of the world‚ which had previously been cut off‚ like China and India‚ to successfully compete in the world market. Thus‚ the playing field is being leveled‚ and no one nation has an advantage
Premium The World Is Flat Globalization
January 30‚ 2008 THE WORLD IS FLAT The world we live in today is going through enormous changes in economics‚ technology‚ culture‚ politics‚ etc. The effects of the changes are not so clear‚ since it is hard to predict how each sector would affect the other and how society will be affected. However‚ analyzing past and present occurrences provides some information for experts to interpret society’s reaction in the future to different transformations. Globalization can be seen as a process in which
Premium Globalization The World Is Flat European Union
Assignment 1: The World is Flat 3.0 (10 points) Listen to Tom Friedman’s MIT talk titled “The World is Flat 3.0” and answer the following questions. Your answers must be short‚ succinct‚ and structured‚ and not of the rambling type. The suggested total length of your answers is 1-2 pages. 1. According to Friedman‚ what are the differences between Globalization 1.0‚ 2.0‚ and 3.0? What was the key driver for each phase of globalization? (3 points) Globalization 1.0 was built around countries having
Premium Bank The World Is Flat
Is the world really flat? In view of Thomas Friedman’s work “It’s a flat world‚ after all”‚ the entire planet is turning into a global village due to a rapid growth of information technology. There are 10 major contributors‚ which were also named “flateners” by Friedman‚ that made the playing field level. Undoubtedly‚ current sophistication in technology has provided us great access to internet‚ a virtual platform where people are capable of communicating‚ sharing knowledge‚ or performing online
Premium Psychology United States Investment
ASSIGNMENT: The World Is Flat by Thomas L. Friedman Discuss the book in general and what he means by a "flat world" and what conditions make it flat. Focus on at least one specific topic such as 10 flatteners or the 7 rules for companies The book by Thomas Friedman‚ "The World is Flat"‚ discusses the enormous changes regarding technology and communications which have altered the lives of people all over the globe (1). A large aspect in regards to the "flat world" is that we are competing with
Free The World Is Flat
A book report of "The World Is Flat" by Thomas L. Friedman "The World Is Flat" a book by author Thomas L. Friedman discusses a brief history of the twenty-first century and its most recent impact on the US economic today and the world we live in. Friedman unfolds and identifies three major world wide events that explain he’s philosophical explanation of why he thinks the "The World Is Flat" with the incorporation of his belief of the "Triple Convergence in 2000". Ten convoluted events of complementary
Free The World Is Flat Thomas Friedman
An analytic paper on the two books: The World is Flat of Thomas Friedman and Making Globalization Work of Joseph Stiglitz Globalization is process of integration. It is spread all through several fields‚ such as politics‚ culture‚ economy‚ technology and the environment. Internationally‚ these fields are going through a period of conversion and evolution causing this world to turn out to be homogenous and flat. Even nations in the Third World are having the prospects only the developed countries
Premium Globalization Economics Trade
1. “But Friedman’s image of a flat earth is profoundly misleading – a view of the world from a seat in business class. Flatness is another way of describing the transnational search by companies for cheap labor‚ an image that misses the pervasiveness of global inequality and the fact that much of the developing world remains mired in poverty and misery. It also misses the importance of the global geopolitical hierarchy‚ which guarantees the provision of stability‚ property rights‚ and other international
Premium The World Is Flat World Bank The Real World
Box #3140 IT Tech Paper In the world today‚ business is on the rise internationally and technology is getting stronger and stronger every day. In the book The World is Flat: A Brief History of the Twenty-First Century‚ Thomas Friedman‚ who was a foreign affairs columnist for NY Times‚ tells of his journey to India and how while he was there he realized that globalization has changed economic concepts. Friedman analyzes globalization in the twenty-first century and how the world is now at a level
Free The World Is Flat
its peak? Is the world flat or spiky? There are several very vocal proponents of an argument that the world has become flat in recent years. However‚ there are some writers have the opposite opinion. This paper introduces both sides of the debate and presents the arguments for and against the idea that the world has become flat in recent years. The term “globalization” today refers to the shift in the world economy. It is moving towards a more integrated and interdependent world economy (H.C.W‚
Free The World Is Flat Thomas Friedman