Global Capitalism and American Empire
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Economic Development: a Case for Visionary Leadership by Paul Weisenfeld
Economic Development: A Case for Visionary Leadership by Paul Weisenfeld Paul Weisenfeld is mission director at the U.S. Agency for International Development in Zimbabwe. The views expressed herein are solely those of the author and do not necessarily reflect those of USAID. ince 9/11/01, efforts to identify the causes of persistent poverty and despair in the developing world have expanded, largely focused on Scultural factors, especially in Middle Eastern cultures. There is no question that cultural attitudes and practices have an impact on economic development. Culture, however, does not evolve in isolation. It is only one of many factors that impede economic growth. Geography, environment, and history influence the evolution of culture and have served as significant obstacles to growth in low-income countries. The failure to recognize these other factors leads us to underestimate the enormity of the challenges facing poor countries and, consequently, to devise prescriptions for overcoming poverty that are unrealistic and unlikely to succeed. Prior to the eighteenth and nineteenth centuries, life for most Europeans and Americans who were not born into the landed elite was similar to that of the poor in the developing world today: nasty, brutish, and short. This was before the unprecedented creation of wealth brought about by democratic capitalism. In fact, Europe was the technological, cultural, and economic backwater of Eurasia for most of history, importing virtually all of its ideas and technologies from the Middle East and Asia. Europe’s distinctive geography and history allowed for an era of increasing innovation between the fifteenth and eighteenth centuries, creating the conditions that ultimately transformed European culture and its American spin-off into the vibrant cultural and economic powerhouses of today. -
Acting Locally in a Flat World: Global Citizenship and the Democratic Practice of Service-Learning Richard M
© Journal of Higher Education Outreach and Engagement, Volume 13, Number 2, p. 89, (2009) Acting Locally in a Flat World: Global Citizenship and the Democratic Practice of Service-Learning Richard M. Battistoni, Nicholas V. Longo, Stephanie Raill Jayanandhan Abstract This article suggests ways to frame the democratic practice of service-learning in the context of a global society, and reports on emerging efforts at three universities to act globally through local community engagement. The article concludes with prac- tical lessons for promoting global citizenship through service- learning in higher education. Democracy must begin at home, and its home is the neigh- borly community. —John Dewey, The Public and Its Problems The world is being flattened. I didn’t start it and you can’t stop it, except at a great cost to human development and your own future. —Thomas Friedman, The World Is Flat Introduction uilding on the ideas of John Dewey, service-learning has always sought to embed educational experiences within local contexts, relationships, and community institutions. BBut this education is taking place in an increasingly interconnected, global world, which has an impact on every aspect of community life. The “flattened world,” as Thomas Friedman has popularly termed the rise of globalization, has important implications for educators who aim to implement Dewey’s vision of building demo- cratic, neighborly communities. To continue to be relevant, service-learning needs to respond to the new realities of student and community life in -
Federico Giovanni
The Americas Divergence. Independence versus Emancipation in Latin America and the Caribbean 1820-1870 Giovanni Federico1 Antonio Tena-Junguito2 Abstract The Debate on the historical origins of the American divergence insists in the relevance of the half century following Iberian Independence. Wars, disorder and political instability that occurred in the postcolonial period have been linked to the failures of Iberian colonial institutions rooted in the colonial legacy. This article claims, contrary to conventional wisdom, that post-colonial performance in Latin America did not help to explain the Great Divergence of the Americas. In one hand, there is not any solid quantitative evidence that support that historical narrative with a few exceptions (notably Mexico). On the other hand, new evidence on Export performance of a wide variety of polity units would be reluctant to such a pessimistic view as that of the “lost decades”. Emancipation in the British and French colonies produce a real collapse of those tropical colonial exports but an opportunity for the Iberian tropics (notably Brazil and Cuba, the South of the US, but also Central America). This positive economic dynamism of the Iberian tropics sum to others good performance, as those of Argentine, Chile or Peru, to offer a different picture of the American divergence in the early globalization years. Introduction The Mexican president, Porfirio Diaz, said once 'Poor Mexico, so far from God and so close to the United States'. In economic history, this statement holds true for the whole continent south of the Rio Grande. If compared with the United States, the economic performance of Latin America appears apparently very poor in the first decades of the 19th century (the 'lost decades') and mediocre at best throughout the whole century. -
In a Flatter World Characterized by Rugged and Diverse Terrain, The
JULY 2012 THE GLOBAL NETWORK FOR ADVANCED MANAGEMENT Motivation: In a flatter world characterized by rugged and diverse terrain, the Global Network for Advanced Management is an innovative approach to enable those involved – faculty at business schools around the world, enterprises in all sectors, and students at various stages of professional development – to connect and address the leadership challenges facing business and society. Enterprises in all sectors need leaders who understand how markets and organizations work in increasingly diverse and complex contexts. Leadership teams must understand and contribute to the big issues facing societies around the world as well as be able to work effectively in and across regions and sectors, to adapt to the different roles of governments in economies, to master increasingly complicated financial arrangements, and to draw upon ever-closer connections in the modern world. Other important considerations for leaders include an appreciation of a broad range of diversity issues, e.g., the highly variable roles of women in business, and divergent approaches to the environment and education. Leaders also must attend to fundamental questions about enterprise objectives and effective means of aligning incentives and motivating sustained effort in these extraordinarily challenging and exciting times. The development of the Global Network for Advanced Management is a vital response to this diverse landscape as well as to limitations in the ways that business schools and other academic institutions are organized. As Thomas Friedman explained in compelling fashion,1 the world has flattened over the last three decades, as over three billion people have joined the world’s market- oriented economy and businesses have become more global, in large part due to technological advances. -
The World Is Flat: a Brief History of the Twenty First Century
THE WORLD IS FLAT: A BRIEF HISTORY OF THE TWENTY FIRST CENTURY By Thomas L. Friedman. New York: Farrar, Straus and Giroux, 2005. 488pp Thomas Friedman has won the Pulitzer Prize three times for his work at the New York Times, where he writes a regular syndicated column. He is also the author of numerous books, including the popular 1999 book on globalization, “The Lexus and the Olive Tree.” Friedman’s premise is that computing and telecommunications technologies have done more than speed up the world—they have transformed the nature of commerce and society. This transformation has huge implications for business, geopolitics, and individual survival in a world that now operates by a new set of rules. I no longer compete only with those in my industry who are located nearby. A large company can lose out to a small company a world away. An individual in Indiana can lose a job to an individual in India or South Africa. No government, business, or individual is immune to these forces, so we had better understand them. Numerous examples of companies operating around the world were sited. In one section he recounts an order placed for a Dell laptop computer. Each part of the computer is listed below and it’s country of origin: Dell Inspiron 600m Notebook: Part/Function Mfg/Assembly Online order to Penang Malaysia Assembly Penang Malaysia Intel processor Philippines. Costa Rica, Malaysia or China Memory Korea (Samsung) Taiwan (Nanya) Germany (Infineon) Japan (Elpida) Graphics Card China (MSI or Foxconn) Cooling Fan Taiwan (CCI or Auras) Motherboard -
“Anti- Globalization” Movement Jeff Rey M
Framing Collective Action Against Neoliberalism: The Case of the “Anti- Globalization” Movement Jeff rey M. Ayres INTRODUCTION he rise of the so-called “anti-globalization movement” represents one of Tthe most signifi cant illustrations of social confl ict and contentious political behavior of the past several decades. Th e numerous boisterous and well-attended protest events against neoliberal globalization at the turn of the century, more- over, seemed to provide evidence of the rise of an incipient transnational move- ment, as from Seattle, to Chiang Mai, to Prague, to Quebec City and fi nally Genoa, domestic and internationally-represented protests developed solidarities, stirred public debate and attracted larger crowds committed to challenging neo- liberal policies and institutions. Th e transnational character of this movement attracted particular attention, and its emergence coincided with a remarkable and increasingly well-documented upsurge in transnational civic activity around a host of global issues (Smith, Pagnucco and Chatfi eld 1997, Della Porta, Kriesi and Rucht 1999; Tarrow 2001; Khagram, Riker and Sikkink 2002; Smith and Johnston 2002), while sparking a mini-publishing industry of “how-to” manuals for budding street activists (Danaher and Burbach 2000; Welton and Wolf 2001; Prokosch and Raymond 2002). One means of understanding the recent trajectory of this protest movement is to appreciate that its dynamics have been shaped by an underlying and quite ferocious contest over people’s interpretations and understandings of the sup- abstract posed benefi ts of neoliberal economic policies. How people interpret and frame Th e rise of the protest movement against fi cult time generating agreed upon strategic neoliberal globalization represents one of the responses to neoliberal policies. -
The World Is Flat by Thomas L
The World Is Flat by Thomas L. Friedman - MonkeyNotes by PinkMonkey.com For the complete study guide: http://monkeynote.stores.yahoo.net/ PinkMonkey® Literature Notes on . http://monkeynote.stores.yahoo.net/ Sample MonkeyNotes Note: this sample contains only excerpts and does not represent the full contents of the booknote. This will give you an idea of the format and content. The World Is Flat A Brief History of the Twenty-First Century by Thomas L. Friedman 2005 MonkeyNotes Study Guide by Laurie Lahey http://monkeynote.stores.yahoo.net/ Reprinted with permission from TheBestNotes.com Copyright © 2007, All Rights Reserved Distribution without the written consent of TheBestNotes.com is strictly prohibited. 1 PinkMonkey.com/TheBestNotes.com. Copyright © 2007, All Rights Reserved. No further distribution without written consent. http://monkeynote.stores.yahoo.net/ The World Is Flat by Thomas L. Friedman - MonkeyNotes by PinkMonkey.com For the complete study guide: http://monkeynote.stores.yahoo.net/ KEY FIGURES Nandan Nilekani – CEO of Infosys Technologies Limited, “one of the jewels of the Indian information technology world.” Friedman describes Nilekani as “one of the most thoughtful and respected captains of Indian industry.” Ann – Friedman’s wife. Ann is a first-grade teacher and Friedman’s confidant throughout the text. Orly and Natalie – Friedman’s daughters, whom he references throughout the text. David Ricardo – is the Ricardo to whom Friedman refers in the subtitle of Chapter 5, “Is Ricardo Still Right?.” Ricardo (1772-1823) “was an English economist who developed the free-trade theory of comparative advantage, which stipulates that if each nation specializes in the production of goods in which it has a comparative cost advantage and then trades with other nations for the goods in which they specialize, there will be an overall gain in trade, and overall income levels should rise in each trading country.” G. -
Mariel John 21F.098
Mariel John 21F.098 - Paper Topic #1 Globalization The future effects of globalization are widely debated. Will globalization end economic, political and cultural differences throughout the world? Or will it only serve to widen and exacerbate these differences? Or are both too hasty a conclusion? I believe that globalization does have the potential to end longstanding national differences, but I believe it is happening at a slower pace than it may appear on the surface. I also believe that for globalization to be ultimately successful in this endeavor, there are many challenges that must be overcome. By examining both sides of this issue, I will illustrate what globalization has seemed to accomplish and what problems are being faced. In his book “The World Is Flat”, Thomas Friedman paints a very rosy picture of the effects and extent of globalization in the world. While visiting Bangalore, India, he sees Indians taking on jobs that would traditionally have been held by people in western nations. He notes that Bangalore looks and feels like a western city and is a Silicon Valley within India. Due to advances in technology and communications, Friedman asserts that anything that can be done on a computer or over the phone, can be done just as well from Bangalore as it can from somewhere in America. He notes that the economic changes that had taken place in that Indian city were not the only alterations being made. As part of their efforts to succeed in the global market place, many Indians took on American sounding nicknames and many took lessons to learn to neutralize their Indian accent. -
GLO DP 0038.Pdf
A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics Belke, Ansgar; Domnick, Clemens; Gros, Daniel Working Paper Business Cycle Synchronization in the EMU: Core vs. Periphery GLO Discussion Paper, No. 38 Provided in Cooperation with: Global Labor Organization (GLO) Suggested Citation: Belke, Ansgar; Domnick, Clemens; Gros, Daniel (2017) : Business Cycle Synchronization in the EMU: Core vs. Periphery, GLO Discussion Paper, No. 38, Global Labor Organization (GLO), Maastricht This Version is available at: http://hdl.handle.net/10419/156158 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available under an Open gelten abweichend von diesen Nutzungsbedingungen die in der dort Content Licence (especially Creative Commons Licences), you genannten Lizenz gewährten Nutzungsrechte. may exercise further usage rights as specified in the indicated licence. www.econstor.eu Business Cycle Synchronization in the EMU: Core vs. Periphery∗ Ansgar Belkey Clemens Domnickz Daniel Gros§ Abstract This paper examines business cycle synchronization in the European Monetary Union with a special focus on the core-periphery pattern in the aftermath of the crisis. -
GLOBALIZATION AS Mcworld
5 GLOBALIZATION AS McWORLD Who invented globalization? The way you answer this question de- pends on how you think about globalization. If you think of globaliza- tion literally you might answer ‘‘Christopher Columbus’’ or someone else from the great era of (European) discovery. If you want to know who ‘‘invented’’ the world as a single geographic unit, all connected to the European center, there are several names you might give, but Co- lumbus is as good as any of them. If you think of globalization as the idea of an economic process that unites and transforms the world, creating a single global system, the inventors’ names are Karl Marx and Friedrich Engels. They said it all in The Communist Manifesto, first published in that great year of revolu- tions, 1848. The bourgeoisie, Marx and Engels wrote, has through its exploitation of the world market given a cosmopolitan character to production and consumption in every country. In place of the old wants, satisfied by the productions of the country, we find new wants, requiring for their satisfaction the products of distant lands and climes. In place of the old local and national seclusion and self- sufficiency, we have intercourse in every direction, universal interde- 121 ................. 11092$ $CH5 11-02-04 13:02:33 PS PAGE 121 GLOBALONEY pendence of nations. And as in material, so also in intellectual produc- tion. The intellectual creations of individual nations become common property. National one-sidedness and narrow-mindedness become more and more impossible, and from the numerous national and local literatures, there arises a world literature.1 Marx and Engels were writing about capitalism, of course, but they were really describing globalization in this passage. -
ESTIMATING the ECONOMIC BENEFITS of Levant Integration
ESTIMATING THE ECONOMIC BENEFITS of Levant Integration Daniel Egel Andrew Parasiliti Charles P. Ries Dori Walker C O R P O R A T I O N Acknowledgments We thank the New Levant Initiative for its support of this project; Keith Crane, Justin Lee, and Howard Shatz for their excellent feedback on earlier versions of this report and on the online calculator; Brian Phillips for his assistance in painstak- ingly reviewing the calculator; and Arwen Bicknell for her editing of this report. Andrew Parasiliti was director of the RAND Center for Global Risk and Security when he coauthored this study. Limited Print and Electronic Distribution Rights This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited. Permission is given to duplicate this document for personal use only, as long as it is unaltered and complete. Permission is required from RAND to reproduce, or reuse in another form, any of our research documents for commercial use. For information on reprint and linking permissions, please visit www.rand.org/pubs/permissions.html. The RAND Corporation is a research organization that develops solutions to public policy challenges to help make communities throughout the world safer and more secure, healthier and more prosperous. RAND is nonprofit, nonpartisan, and committed to the public interest. RAND’s publications do not necessarily reflect the opinions of its research clients and sponsors. is a registered trademark. For more information on this publication, visit www.rand.org/t/RR2375. -
Introduction
Introduction The original intent of this study was to revisit the question of how developing and emerging-market economies should best integrate into global financial markets by taking stock of the literature and these economies’ experience with international capital flows since the 1990s. One important question, of course, is, What are the lessons and implica- tions of the global financial crisis for capital account policies in developing and emerging-market economies? As the crisis unfolded and the Great Recession took hold, however, it became clear that the crisis was deeply affecting the process of financial globalization itself and that our original question therefore had to be framed not only from the perspective of developing and emerging- market economies but also by looking at the system as a whole. The globalization of financial markets during the past 20 years did not occur by design. Free trade in financial assets has not been directed or supported by the type of international rules and institutions that the World Trade Organization (WTO) provides for the liberalization of trade in goods.1 Developing and emerging-market economies integrated into global financial markets in part because they expected to receive some dividends in terms of growth, but perhaps more fundamentally because of a particular under- standing of how the world economy is ordered and how financial globalization is aligned with the direction of history. The fundamental principle supporting financial globalization is that econ- 1. There are some exceptions, such as the prerequisite of capital mobility for EU membership and the fact that certain types of capital—such as foreign direct investment in services—are regulated under the General Agreement on Trade in Services (GATS).