The Lexus and the Olive tree, by Thomas Firedman. A summary on the importance and unimportance of Globalization in the world along with examples and quotes.

To begin, it is important to explain the meaning of The Lexus and the Olive Tree. The Lexus refers to technological gain and growth, where the Olive Tree refers to traditional roots and stability. The basic speculation of the book is the conflict between the two within cultures, economies, and individuals and how it if possible, at all, to bring the two camps to realiseher (Friedman 31-34). Friedmans thesis is that globalization is the newly secrete issue system that has replaced the Cold War. The unstoppable technologies of the authors globalization argon cybernation and the Internet. With more than lightening speed, they are bringing downcast national borders and powering those individuals who stub benefit themselves of democratizing new tools. For economies everywhere, crony capitalism was an early(a) target of globalization. Communism and fascism had their opportunities on world stages between 1917 and 1989; they precisely didnt work.

To prosper today, says the author, economies must make the private sector the primary(a) locomotive of growth; maintain price stability; spring the sizing of government bureaucracy; maintain a balance or surplus budget; eliminate tariffs on imports and subjoin exports, contract restrictions on foreign investment; get justify of quotas and interior(prenominal) monopolies; privatize government-owned industries; deregulate so as to go on as much domestic competition as workable; eliminate government corruption, subsidies and kickbacks; open banking and telecommunications to competition and allow citizens to diagnose for among competing pension options and foreign and domestic run pension and idiom funds.(! Friedman) In a chapter on globalution, or revolution from beyond, Friedman argues that investors can now force governments to be more clear and democratic. They taste strength, receptiveness and the ability to protect their property, but I call up whiz cant achieve these without building a easily state and good labor. He also thinks the demand for E-government is rising and... If you wish to get a full essay, order it on our website: BestEssayCheap.com

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