Journal of Economic Literature Vol. XLV (March 2007), pp. 83–126 A Flat World, a Level Playing Field, a Small World After All, or None of the Above? A Review of Thomas L. Friedman’s The World is Flat EDWARD E. LEAMER∗ Geography, flat or not, creates special relationships between buyers and sellers who reside in the same neighborhoods, but Friedman turns this metaphor inside-out by using The World is Flat to warn us of the perils of a relationship-free world in which every economic transaction
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of aspects, and as such it is important to examine and analyze how globalization and other factors have had an impact on them from a social, political, and economic perspective. During the late part of the 20th century, the International Monetary Fund and other organizations collaborated with countries that were struggling economically and offered financial assistance and the creation and implementation of policies. Globalization has had a significant impact on countries around the world; both positive
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The Impact of Globalization on Native Non-Western Cultures Kimberly Adams Western Governors University Issues in Behavioral Science GLT1 February 17, 2014 The Impact of Globalization on Native Non-Western Cultures Most of the Western World enjoys the effects globalization and modernization has had on the many ways of life. Improved economic situations and governments, advancements in technology and travel, improvements in health care and the control of disease, and the improved methods
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Tabale of COntent I. Introduction 2 II. Body 3 1. Literature review 3 1.1 Global brands 3 1. 3 Brand Images & Country of origin (COO) effects 4 Figure 1: Model for developing strong brands based in Country of Origin image 6 1.4 Brand Names 7 2. Discussion 7 2.1 Existence of global brands 7 2.2 Cultural sensitivity & COO image perception 9 2.3 Brand name & national alphabet 9 Figure 2: Chinese naming analysis 10 Figure 3: Domestic brand names in Vietnamese market
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A Critical Review of Corruption and the Watchdog Role of the News Media by Sheila Coronel Introduction In Corruption and the Watchdog Role of the News Media, Sheila Coronel presents the role of media as a watchdog to keep the government in check. Coronel also examines the actual situation of the “watchdogging” by the media including its vulnerabilities to certain factors such as globalization, deregulation, economic impact, culture and many more. She presents the scenario in a form of research
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diversity also means respect between different cultures that exist. It sometimes implies the existence of a variety of cultures like what we have in the world today, whereby particular culture occupy a particular region in the world (Banks, 1998). Globalization has been said to have had adverse effects on diversity in the world today (Banks, 1997). Culture influences how society members share experiences, heir values, fears, worries and hopes, culture moulds the perception and understanding of a community
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Wal-Mart’s failure in Germany Susan Christophersonà Abstract Wal-Mart’s exit from the German market in 2006 after 10 years of attempting to achieve sustainable competitive advantage contributes an interesting case to the small but expanding literature on ‘failure’ in international investment. The work on the disinvest decision in all its forms has been critical to a re-conceptualization of the international investment process as dynamic rather than static, linear and inexorable. An important
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The learning organization literature that this paper explores is defined as the role of an institution in setting up a successful union of individuals to create learning to improve an individual and the institution as a whole (Calvert, Mobley, Marshall, 1994). This, of course, is a basic definition, and as the literature is explored, the reader quickly learns that learning organizations are as varied and diverse as the institutions within which they exist. The literature concerning learning organizations
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diversity also means respect between different cultures that exist. It sometimes implies the existence of a variety of cultures like what we have in the world today, whereby particular culture occupy a particular region in the world (Banks, 1998). Globalization has been said to have had adverse effects on diversity in the world today (Banks, 1997). Culture influences how society members share experiences, heir values, fears, worries and hopes, culture moulds the perception and understanding of a community
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and concrete as measurable changes in GNP or trade flows * There is little debate that for executives in large multinational corporations (MNCs) today globalization is a daily reality. Yet most of those executives have not been specifically educated, trained, or groomed to deal with the complexities that are inherent in the globalization of business markets.) * In this destabilized and international context, multinational corporations and their executives face several significant challenges
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