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If we take these steps, we will go a long way toward our goal of bringing opportunity to every community. Global Change and American Leadership To realize the full possibilities of the new economy, we must reach beyond our own borders, to shape the revolution that is tearing down barriers and building new networks among nations and individuals, economies and cultures: globalization.
Last year it has become a net foreign direct investor. It has a vested interest in globalization and world order which coincide with America's. China, for instance, is as much Russia's potential adversary as it is the United State's. Russia welcomed the demise of the Taliban and is content with regime changes in Iraq and North Korea all American exploits.
Globalization itself is an intrinsic feature of the evolution of human society. It has brought into existence a socio-economic culture that, at the practical level, constitutes the world in which the aspirations of the human race will be pursued in the century now opening.
At a time when science, technology and the forces of globalization are bringing so many changes into our lives, it is more important than ever that we strengthen the bonds that root us in our local communities and in our national communities. No tie binds different people together like citizen service.
For low performers, only 26 percent of turnover comes from new products and services." Most of the respondents attributed the need to innovate to increasing pressures to brand and differentiate exerted by the advent of e-business and globalization. Yet a full three quarters admitted to being entirely unprepared for the new challenges.
The Concert of Europe ushered in a century of globalization, economic growth and peace. Yet, alas, this time around, it has thus far been quite a cacophony. Europe's Agricultural Revolution By: Dr. Sam Vaknin The EU is forced to revamp its costly agricultural policies and attendant bloated bureaucracy.
Nevertheless, multimedia convergence in particular and the globalization of the economy in general has put the developing countries in a position of inferiority because the printing and radio-television broadcasting means are in the hands of a few main western groups. Cultural problems exist alongside economic problems.
And we must make developing economies our partners in prosperity which is why I ask Congress to finalize our groundbreaking African and Caribbean Basin trade initiatives. Globalization is about more than economics. Our purpose must be to bring the world together around democracy, freedom, and peace, and to oppose those who would tear it apart.
Mergers, business failures, deregulation, globalization, technology, dwindling and more cautious venture capital, avaricious managers and investors out to increase share prices through a spree of often ill-thought acquisitions all lead inexorably to the congealing of industries into a few suppliers. Such market formations are known as oligopolies.
If one were to lower one’s horizon to purely material considerations, the earth has already taken on something of the character of “one country” and the inhabitants of various lands the status of its consumer “citizens”. Nor is the transformation merely economic. Increasingly, globalization assumes political, social and cultural dimensions.
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