International Business Videos
/ / Globalization and Economics /How have the forces of globalization shaped the modern world? This unit travels from the Soviet Union to Sri Lanka and Chile to study the role of technology and the impact of economic and political changes wrought by globalization.
When we speak of globalization, we are referring to that relatively new and rapidly growing awareness of global economic, cultural, and political integration. The term "globalization" first appeared in English around the middle of the twentieth century, although it is important to note that this new term describes processes that began long ago. It might be most productive to think of globalization as the ultimate expression of the human urge to maintain contact with other humans.
In the last five centuries, the communities of the world became increasingly interconnected. The results of these connections included the spread of technology, science, religion, and philosophy as well as the destruction of cultures, peoples, and environments. In recent centuries, increased awareness of distant societies also caused people to become acutely aware of their own cultural distinctions. Some theorists argue, however, that the vastly enhanced communications and intricate economic ties of the late twentieth century are leading inevitably toward a homogenous worldwide culture.
This unit explores the economic forces of twentieth-century globalization, which have combined in the last fifty years to create a relentless force affecting all of humanity. Globalization now affects all aspects of life. Its consequences can be negative or positive, as well as completely unexpected. One of its most constant elements, however, is its ability to transcend space and place.
Thus, in a globalized economic world, instant electronic communications render distance irrelevant, and national boundaries lose their significance as barriers. Visa credit cards and world service radio broadcasts have little to do with territorial distances. The internal economic affairs of one nation, such as the United States, have international implications. While it would be foolhardy to predict how globalization will change life on earth even in the relatively short term, we can be sure that more change beyond any nation's control will sweep the globe with increasing rapidity, and no society or institution will be immune.
/ The Worldis Flat
by Thomas L. Friedman /
Available on: Audio Download | Online Video | Video Download / 1:15
Chances are good that Bhavya in Bangalore will read your next x-ray, or as Thomas Friedman learned first hand, “Grandma Betty in her bathrobe” will make your Jet Blue plane reservation from her Salt Lake City home.
/ Why the World Isn't Flat / NewAmericaFoundation
Ha-Joon Chang / 1:10:14
According to the conventional wisdom popularized by Thomas Friedman, countries can grow rich only by means of unfettered capitalism and pure free trade. In his controversial book, Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism, Ha-Joon Chang takes aim at this orthodoxy. Combining irreverent wit with scholarly rigor, Chang shows that nations like the
U.S. that achieved their present wealth by means of economic nationalism now preach an entirely different set of policies to the developing world, via the World Bank, International Monetary Fund and World Trade Organization. Chang calls on us not only to re-evaluate the policies we promote to countries seeking to grow rich, but also to become reacquainted with our own forgotten economic history.
Ha-Joon Chang has been described by one economist as "the most exciting thinker our profession has turned out in the past fifteen years." He teaches at CambridgeUniversity, where he received his Master's degree and doctorate. A consultant for the Wold Bank, the Asian Development Bank, the UN and other international organizations, he was awarded the Leontief Prize for Advancing the Frontiers of Economic Thought in 2005. His book Kicking Away the Ladder: Development Strategy in Historical Perspective (2002), which received the Myrdal Prize, was acclaimed by the eminent MIT economist Charles Kindleberger as "a provocative critique of mainstream economists' sermons directed to developing countries."
/ The Coming Collapse of the Middle Class / by Elizabeth Warren
Available on: Online Video / 57 mts
Distinguished law scholar Elizabeth Warren teaches contract law, bankruptcy, and commercial law at HarvardLawSchool. She is an outspoken critic of America's credit economy, which she has linked to the continuing rise in bankruptcy among the middle-class.
/ The End of Poverty
Economic Possibilities for Our Time / by Jeffrey Sachs
Available on: Online Video
One billion people on the planet are struggling with extreme poverty according to Jeffrey D. Sachs, director of The Earth Institute at ColumbiaUniversity. In this March 31 lecture, Sachs discusses his new book, The End of Poverty: Economic Possibilities for Our Time, which explores the challenge of global poverty. Sachs also shares accounts of his recent visits to Africa and offers practical solutions to the challenge of global poverty, which he contends can be eliminated by 2025.
/ Americas Next Foreign Policy Playbook / NewAmericaFoundation
1:30:17
At this Dec. 16 New America event, held at the Core Club in New York City, foreign policy experts and New America Foundation Board members Fareed Zakaria and Anne-Marie Slaughter explored the ways in which they think the Obama administration will differ from the Bush presidency. Slaughter, dean of the Woodrow Wilson School of Public and
International Affairs at PrincetonUniversity, and Zakaria, editor of Newsweek International, offered their expertise on Iraq; Afghanistan; Iran; Pakistan and India; Israel and Palestine; Russia; China; and more. A robust discussion followed, focusing on what they thought Obama's policy priorities would be.
/ How does the financial system work?
How can broke economies lend money to other broke economies who haven't got any money?
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/ John Clarke and Bryan Dawe talk to John Howard about global warming and climate change. Tx: 02/11/06.
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