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Yet Mr. Friedman does not go to this depth of analysis and relies instead of lengthy, conversational passages in the book that could be trimmed and made more potent, relevant and valuable. The concept Mr. Friedman discusses of the Untouchables is altogether too elitist as well, and this chapter of the book is an illusion; there is no job safe in a globalized world. Only those willing to compete at exceptionally high levels and deliver exceptionally high levels of service, value and insight are going to survive. Globalization's safe harbors are exceptional knowledge, talent and intensity of focus. It is not merely due to the fact that someone is from a given nation. This is certainly the case in Saudi Arabia, where the growth of financial services firms from the United Stakes, the United Kingdom and other westernized nations are more dependent than ever on the Saudi economy as the U.S. falters due to a credit crisis. The interdependency of banking systems is clearing being seen globally over the last ten days, as the United States attempts to rectify the many problems generated from writing bad mortgage loans to those that could not afford them. The impact of globalization on the...
The impacts of globalization are particularly acute in Saudi Arabia as the credit crisis becomes more pronounced in the U.S. And other westernized nations. From a personal standpoint the observation of more American financial services firms opening headquarters throughout Saudi Arabia and neighboring countries including Dubai, UAE is an indicator of globalization's effects on this region of the world.
Summary
Globalization's effects on economies are much more complex and full of contractions and paradoxes than Mr. Friedman's book portrays. Sacrificing in-depth analysis for a conversational tone, the book presents an accurate analysis at a cursory level of globalization. The effects of globalization are seen in every nation, every city globally. Its effects of economic growth need to be balanced with respect for cultures, norms, religions and values. In having experienced the effects of globalization through travel, I found the book a useful travelogue yet in need of more critical analysis to capture the paradoxes seen during traveling internationally.
The discussion here remains open and this is one of the points where the author is merely raising a question rather than coming with a straight answer. One could argue here in favor of a positive globalization effect involving countries that joined the new economic world after a change of regime, using the example of Nokia. The company first moved with the production from Finland to Germany and this
) My opinion Both Friedman's argument and Druicker's perspective have their particular merits. We can well see how Friedman may be correct. After all, there are fewer wars now than in the past; the world is more closely interconnected; resources are sparser; and countries are earnestly concentered about their economic welfare. Friedman's reasoning does sound legitimate enough and it explains why many countries are deterred from fighting. On the other hand, it
The Gold Coast area has a reputation as a flood prone area, even without considering the effects of global climate change. The Gold Coast area comprises seven major catchment areas including the Tallebudgera, Currumbin, Nerang River, Coomera River, Pimpama River, South Moreton Bay, Sandy Creek and Broadwater area (Mirfenderesk, 2009). The Nerang River catchment is adjacent to the Tallebudgers catchment to the South. It is bordered by the Broadwater and
Similarly, Chapter Eight, "This Is Not a Test," is a must read for every CEO, manager and government official. In this chapter, Friedman has highlighted that "lifetime employment is a form of fat that a flat world simply cannot sustain any longer" (p. 284) (Jones, 2005). He argued for a policy of "lifetime employability," which is a kind of social agreement between government and business and the people that, in
Learning Assesment Roles and Responsibilities The primary settings in which I developed my skills and knowledge have included my educational institution, factories, and in the offices of business. These three settings offer unique features that make learning take place in distinct ways, using different methods and modes of interacting with material. The social learning aspects also differ in each of these settings, related to my different roles within each. Moreover, some of
There is also the need to concentrate on the interaction of these personal demographic factors as the foundation for group factors analysis. Group Factors Analysis The accumulated effects of the personal factors defined in the first section of this paper are put into relevance when the social factors are quantified and measured specifically relating to the retail home furnishings industry. One of the most commonly used is the VALS2 methodology (Piirto,