Friday, November 22, 2019

Is the World Flat Essay Example | Topics and Well Written Essays - 500 words

Is the World Flat - Essay Example Friedman further enunciated that flattening of world took place just at the dawn of twenty first century. Globalization is an imperative feature of political and economic discourse as it has paved the way to spread thoughts as wild fire, leaping borders and now information is not confined to industrial world. According to Friedman (2005), globalization has its success and discontents and thus improvise one think that The World Is Flat! However, such views find little support from authors like Ghemawat (2007), Florida (2005, October) and Christopherson et al. (2008). The World Isn’t Flat! According to Ghemawat, one cannot consider the world to be flat, in fact, only 10-25 percent of all economic activities is international or global while remaining are regional, further he affirms the failure of globalization theories in terms of geographical and cultural factors, if there is 1 percent raise in geographic distance the trade between the two locations will diminish by 1 percent. Further, Ghemawat enunciated that countries with a common language share42 percent more trade compared to dissimilar culture while common currency potentially enhances the trade by 114 percent (Shermer, 2011; Ghemawat, 2007). Considering the views of Ghemawat, it is true in real sense if an analysis is carried out the globalization has actually created peaks and valleys in every aspect of life, not only globalization is confined to peaks as depicted by Florida (2005), but the work force, facilities, infrastructure, development, access to fast track of development it is all confined to peaks while the valleys are still deprived of all the latest avenues (Fox, 2014). Migration of mass is towards developed and better prospects which resulted in clustering of resources, progress, amenities and opportunities at particular provinces. Florida (2005) has categorized these peaks in terms of population (the talent or skill), light emission (the economic activity), patents (the innovations) and

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