Summary of "Why the World isn't Flat" by Panjak Ghemawat.
I know its a sort of reply to Thomas Friedman's "The World is Flat" talking aboutthe world not being as globalized as we were meant to believe.
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Basically, the author makes a couple of main points. First, he says that there really is not nearly so much globalization as people think. For example, he points out, about 90% of all investment is done within countries, not by people from one country investing in another country. He also points out that even big companies like Google are often much stronger in one nation and much weaker in others.
Second, he says that what globalization there is is fragile and could go away. He points out that other supposed trends (like the idea that liberal democracies were taking over and all countries would move in that direction) have not panned out. He says there is no guarantee that globalization will increase.
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