Globalization, Inequality, and Development
The Creation of a Global Village
Most European cities and towns today have many North American-style
supermarkets. Speakers of English are also numerous, so social interactions with
Europeans is easier. It is also easy to receive news and entertainment from back
home though the Internet.
The Triumphs and Tragedies of Globalization
People throughout the world are now linked together as never before.
oInternational communication has become easy and inexpensive.
oBetween 1982 and 2006, when the world’s population increased by 41 percent,
the number of international tourists increased by 205 percent.
oInternational trade and investment have increased rapidly.
oMany more international organizations and agreements now span the globe.
oThe internet did not exist in 1982, but in 2006 it comprised 439 million
servers connecting more than one billion people from around the world
through e-mail, file transfers, websites, and video conferencing.
Globalization has transformed and improved the way we live.
Not everyone is happy with globalization.
oInequality between rich and poor countries remains staggering.
oIt may also be hurting local cultures and the natural environment.
oGlobalization, according to anti-globalization activists, is a form of
imperialism, the economic domination of one country by another.
oGlobalization puts the entire world under the control of powerful commercial