Part II:Globalization and Its Possibilities
There are two ‘airport economics books’ that become popular about globalization: “The Lexus and The Olive Tree” by T.L. Friedman (2000) and “Globalization and Its Discontents” by J.Stiglitz (2003). The former contrasting the life in the globalization era, while the latter mostly by criticizing globalization and proposing some ideas for a better globalization. Both of them (Friedman is a journalist and Stiglitz is [was?] an economist) have capabilities in giving an insight story for understanding globalization. Another story teller, Greenspan (former chairman of the Fed) and Mussa (IMF), also have a deeper concern on Globalization. Greenspan (2000) explain about technology and market forces that drive globalization and questioning on the future of globalization, but Mussa (2000) emphasize the brighter future of the globalization by explaining that the development of technology, consumer preferences, and public policies as the driving force of the globalization and it seems there is no doubt about the continued globalization. The flow of goods, services, factor of production and people will increase and it seems there is no limit………………
Posted by in 17:22:50
Your articles are so impressive that I can not forget it.