Author : RTT Staff Writer
Source : RTT News
Key Terms :
- "Economic globalization a balanced and win-win process"
- "International multilateral trading system"
- "International affairs"
- "Equality on global platforms"
- "Progressive growth"
- "Fair, open, equitable, and non discriminatory"
- "Will not repeat the mistakes of other great powers"
- "Dominate other nations"
- "Equally participate"
- "Jointly safeguard world peace"
- "International multilateral trading system"
- "International affairs"
- "Equality on global platforms"
- "Progressive growth"
- "Fair, open, equitable, and non discriminatory"
- "Will not repeat the mistakes of other great powers"
- "Dominate other nations"
- "Equally participate"
- "Jointly safeguard world peace"
[Image Source] : http://www.captiveadaptations.com/media/images/IndoChina.gif
Title : "Bangalore - The City Globalization Built."
Author : Rupa Subramanya Dehejia
Source : The Wall Street Journal
Key Terms :
- "Fly below the radar"
- "Liberalization"
- "Seat of Power"
- "Banking, finance, and Bollywood"
- "Globalization is a two way street"
- "Series of clusters"
- "Internalize the externalities"
- "Agglomeration economies"
- "Spill over effects"
- "Bangalore embodies the rise of India's new middle class"
- "Liberalization"
- "Seat of Power"
- "Banking, finance, and Bollywood"
- "Globalization is a two way street"
- "Series of clusters"
- "Internalize the externalities"
- "Agglomeration economies"
- "Spill over effects"
- "Bangalore embodies the rise of India's new middle class"
[Image Source] :
Author : Rick Boom
Source : Hometownlife
Link : http://www.hometownlife.com/article/20110818/NEWS10/108180568
Key Terms :
- "Volatility"- "Diversified"
- "Spread Money"
- "Different types of risks"
- "Computer trading programs"
- "Both good and bad"
- "No longer limit investments"
- "Domestic markets"
- "No way to eliminate it"
- "Events in Asia and Europe affect our markets"
[Image Source] :
http://www.technologyrobos.com/wp-content/uploads/2011/08/Computers-globalization-factors-in-market.jpgTitle : "India's Outsourcing Miracle Feels the Chill Winds of Competition."
Author : Robin Pagnamenta
Source : The Wall Street Journal
Key Terms :
- "Outsourcing"
- "Call centres"
- "Language and culture"
- "Brand"
- "Wider Market"
- "Software development jobs"
- "Global economic slump"
- "Fierce competition"
- "India remains world leader in wider market for outsourcing"
- "Trend"
- "Call centres"
- "Language and culture"
- "Brand"
- "Wider Market"
- "Software development jobs"
- "Global economic slump"
- "Fierce competition"
- "India remains world leader in wider market for outsourcing"
- "Trend"
[Image Source] :
Title : "That Used to be Us: How America Fell Behind in the World it Invented and How We Can Come Back. "
Author : Gregory M. Lamb
Source : The Christian Science Monitor
Key Terms :
- "Entrepreneurial spirit"
- "Creative Energy"
- "Technological advances have enabled new economic and political competitors to take advantage."
- "Creative Energy"
- "Technological advances have enabled new economic and political competitors to take advantage."
- "Living beyond means"
- "Getting lazy"
- "A reader awaits for some fresh solutions to country's massive problems."
- "Adapting to globalization"
- "Adjusting to the information revolution"
- "Coping with budget deficits"
- "No job is safe"
- "Getting lazy"
- "A reader awaits for some fresh solutions to country's massive problems."
- "Adapting to globalization"
- "Adjusting to the information revolution"
- "Coping with budget deficits"
- "No job is safe"
[Image Source] :
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What is the image about?
This image displays how globalization works as a development cycle which includes planning, designing, and implementation. This refers to technology that is rapidly being produced and the education and knowledge being attained globally. This diagram shows how globalization can also be improved, or made better, in order to benefit everyone.
Explain the message this image contriubutes to the conversation about globalization and America's youth, etc.
Globalization reflects improvement and rapid evolution. This is what is being reflected in this diagram, and how to make this effort even greater. The steps include planning, requirements, analysis and design, implementation, followed by testing and evalution. This is relevant to what is going on globally in the sense that such like third world countries, are gaining education and constantly getting better at the things they do. This diagram presents an idea for improvement. In relation to the youth of America, this is something that can be learned from as they are attaining education and skills necessary to be successful.
[Image Source] :
What is the image about?
The image is displaying the imbalance of people getting paid to do things in different countries, in comparison to those of America. This specific image portrays economists, more than likely of America, discussing the pay scale of economists in India. They are aware that they get paid way less than those of America, for doing the same job. This political cartoon makes an effort at displaying the issue of globalization.
Explain the message this image contriubutes to the conversation about globalization and America's youth, etc.
The issue of globalization expresses the fact that the third world contries are rapidly evolutionizing, while America is descending or remaining stagnant in technology. In addition, the people in those third world countries get paid way less wages to do jobs that people in America do to the same capacity and ability. Places such as India are becoming more and more educated and are using their knowledge to seek better jobs and findings. However, there is still a great imbalance in terms of pay. America has become dependent on these countries and workers as to pay less to have certain jobs done.
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