[INTLSTD 101] - Final Exam Guide - Ultimate 29 pages long Study Guide!
1 Dec 2016
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Globalization: the processes through which regions have become more interdependent through intensified communication, transportation, and trade. But, it is limited to the old world. Rise of colonial empires, developed the new world. But, only around hubs, not completely global. The world is flat by thomas l. friedman. Globalization is leveling the playing field and leading to unprecedented prosperity . Outsourcing: low wage and low prestige jobs in us can be turned into high wage high prestige jobs in india. Local view: language policing (no accents), loss of social ties, work schedule not in sync with natural body clock. Offshoring: intended to be good for business and workers. Local view: resistance in the form of spirit possession . Ghemawat: we are less globalized than we think . Generally we are prone to talk to people locally, not internationally (10%) Inequality has risen over the past few decades. Bretton woods conference (1944) framework (new hampshire)
