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Chapter 14 Globalization and International Business: Concluding Thoughts

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Chapter 14 Globalization and International Business: Concluding Thoughts

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    1. © He et al. Chapter 14 Globalization and International Business: Concluding Thoughts

    2. © He et al. The Nature of Globalization Globalization: An arduous road Globalization: An ‘Outcome’ as well as a ‘Process’ Many possible paths to globalization Final destination is elusive- depending on the choice we make today The choice is OURS

    3. © He et al. Historical Background Out of Africa: The Spread of Homo Sapiens Diffusion of Knowledge and Skills Spread of Disease and Warfare Acceleration of Globalization since the Industrial Revolution Increased Speed of Change

    4. © He et al. Tragic Encounters The “Noble Savage”: A Romantic View Indigenous Cultures and Western Contact Shock and Disarray Cargo Cult Disaster on Rapa Nui (Easter Island)

    5. © He et al. Toward an Inclusive Globalization A Global Cultural Heritage Technology at the Service of Humanity Trade as an Engine of a Fair and Equitable Globalization International Investment: Host Countries’ Need for Stability Vs. Investors’ Freedom MNCs as “Good Corporate Citizens”

    6. © He et al. Transfer of Technology and Managerial Know-how A Broader Definition of Human Rights Positive and Negative Effects of Globalization on Human Rights Capitalism as an Engine of Growth Innovation and Entrepreneurship Need for Oversight and Regulation Toward An Inclusive Globalization Contd.

    7. © He et al. Democratic Deficit of International Institutions (WTO, IMF, World Bank) The Spread of Democratic Ideas Through globalization Political Fragmentation in a Unipolar World The Peril of Unilateralism

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