The Lexus and the Olive tree, by Thomas Firedman. A summary on the importance and unimportance of Globalization in the world along with examples and quotes.

To begin, it is important to explain the meaning of The Lexus and the Olive Tree. The Lexus refers to technological harvest-feast and growth, where the Olive Tree refers to traditional roots and stability. The basic surmise of the book is the conflict between the two within cultures, economies, and individuals and how it if possible, at all, to bring the two camps to realiseher (Friedman 31-34). Friedmans thesis is that globalization is the newly inhume issue system that has replaced the Cold War. The unstoppable technologies of the authors globalization be cybernation and the Internet. With more than lightening speed, they are bringing imbibe national borders and powering those individuals who foundation benefit themselves of democratizing new tools. For economies everywhere, crony capitalism was an early(a) target of globalization. Communism and fascism had their opportunities on world stages between 1917 and 1989; they scarcely didnt work.

To prosper today, says the author, economies must make the private sector the primary(a) locomotive of growth; maintain price stability; spring the coat of government bureaucracy; maintain a balance or surplus budget; eliminate tariffs on imports and subjoin exports, rent restrictions on foreign investment; get justify of quotas and national monopolies; privatize government-owned industries; deregulate so as to go on as much domestic competition as practical; eliminate government corruption, subsidies and kickbacks; open banking and telecommunications to competition and allow citizens to vociferate for among competing pension optio ns and foreign and domestic run pension and ! vernacular funds.(Friedman) In a chapter on globalution, or revolution from beyond, Friedman argues that investors can now force governments to be more clear and democratic. They adjudicate strength, receptiveness and the ability to protect their property, but I intend whiz cant achieve these without building a easily democracy and good labor. He also thinks the demand for E-government is rising and... If you essential to get a full essay, order it on our website: BestEssayCheap.com

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