Tuesday, June 16, 2009

Globalization

Every morning in Africa, a gazelle wakes up.
It knows it must run faster than the fastest lion or it will be killed.
Every morning a lion wakes up.
It knows it must outrun the slowest gazelle or it will starve to death.
It doesn't matter whether you are a lion or a gazelle.
When the sun comes up, you better start running.
(African proverb - from Friedman, 2007)



Definitions


- shift toward a more integrated and interdependent world economy. (Hill, 2008)

- the process of social, political, economic, cultural, and technological integration of countries around the world. (Luthans & Doh, 2009)


Historical Background

Silk Road


Examples

BRIC Nations Meet in Russia



Chinese Milk Scandal
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Spreading Consumerism One India Village at a Time.




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