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Globalization perspectives

to less mutual liking. After reading a number of books and articles on globalization, I find it a hot topic. There is no doubt that globalization is easier said than done. I agree with Friedmanthat globalization is a fact and it’s not just a passing trend. It is an international system that replaced the cold war system. I do agree with the suggestion made forcountries to go global. However, I think that the world operates in a way much more complicated. Many parts of the world are still suffering from wars, starvation,and corruption. It’s not easy to come and ask those people to think globally and put on the “Golden Straitjackets” in order to prosper in the globalization era. Why?Because they have other issues that are much important, like struggling to make a living in a rather thriving global word. I believe that Richard J. Barnet and John Cavanagh’s viewsare more realistic and would make more sense. Friedman says that government should interfere less, leaving the world economic forces to move freely. Looking at thepast, Asia in precise, due to the unregulated money markets, Asia’s stock market went down within days creating wide spread recession all over the world. Asia’s crisisis one of the warning signs, which could inexorably lead to a greater fall. High government interventions, and policies are needed to regulate the nation-state economyand prevent Multi National companies from exploiting the markets and increasing the gaps in a global economy....

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