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jerryking : flat_world   7

Global Village Idiocy -
May 12, 2002 | New York Times |By THOMAS L. FRIEDMAN.

the writer George Packer recently noted in The Times Magazine, ''In some ways, global satellite TV and Internet access have actually made the world a less understanding, less tolerant place.''
globalization  flat_world  Tom_Friedman  Indonesia  conspiracies 
january 2012 by jerryking
Globalization, Alive and Well - New York Times
By THOMAS L. FRIEDMAN
September 22, 2002
the most important reason why globalization is alive and well post-9/11 is that while pampered college students and academics in the West continue to debate about whether countries should globalize, the two biggest countries in the world, India and China -- who represent one-third of humanity -- have long moved beyond that question. They have decided that opening their economies to trade in goods and services is the best way to lift their people out of abject poverty and are now focused simply on how to globalize in the most stable manner. Some prefer to go faster, and some prefer to phase out currency controls and subsidies gradually, but the debate about the direction they need to go is over.
globalization  China  India  flat_world  Infosys  Tom_Friedman  free_trade  poverty 
january 2012 by jerryking
'Oops. I Told the Truth.'
October 17, 2004 | NYT | By THOMAS L. FRIEDMAN.

The next U.S. president has three baby booms bearing down at us, and without a massive injection of truth-telling they could all explode on the next president's watch.
(1)American baby boom generation is now just two presidential terms away from claiming its Social Security and Medicare benefits.
(2) the young people in India, China and Eastern Europe, who in this increasingly flat world will be able to compete with your kids and mine more directly than ever for high-value-added jobs.
(3) the Arab world. The Arab region has had the highest rate of population growth in the world in the last half century. It has among the highest unemployment rates in the world today. And one-third of the Arab population is under the age of 15 and will soon be entering both a barren job market and its child-bearing years.
flat_world  Tom_Friedman  truth-telling  Bill_Cosby  Arab-Muslim_world  high-wage  baby_boomers  India  China  Eastern_Europe  young_people 
january 2012 by jerryking
Moving beyond that flat-world theory - The Globe and Mail
May 2, 2011 | Globe and Mail | Harvey Schachter.

Declining global stability is real and the days of a stable world are gone. Mark Anderson, editor of the Strategic News Service, lays out 10 provocative pieces of advice.
Climate change is real
Global consumer explosion is on
Your company will lose money if you go to China
Don't try to serve both the consumer and enterprise technology markets
Innovation is a creative process
Protect intellectual property
The world is not flat
Be prepared for Chinese competitors
Manage for currency manipulation
flat_world  Harvey_Schachter  climate_change  BRIC  China  Chinese  competition  innovation  intellectual_property  volatility  currencies 
october 2011 by jerryking
A New Vocabulary for Trade
Aug 4, 2005 | WSJ pg. A.12 | Jagdish Bhagwati. The flat world
metaphor is, , both inept and mistakenly alarming. The real problem in
the increasingly globalized economy is rather that most producers in
traded activities -- an expanding set because services have become
steadily more tradeable -- face intensified competition. A specific
producer here will find rival suppliers stealing up on him from
somewhere, whether Portugal, Brazil or Malaysia, indeed from sources
which may not include India and China....Historically, comparative
advantage was "thick," shielded by big buffers. This is no longer so:
not predictably from India and China, but almost certainly from
somewhere. Hence I use the metaphor: "kaleidoscopic comparative
advantage." Today, you have it; but in our state of knife-edge
equilibrium, you may lose it tomorrow and regain it the day after.
...[How quickly can Ontario's colleges pull together a new course? How
much of the content is general vs. specific? for Dianne-- pinboard search on "institutional_integrity" "legal system" ]
ProQuest  flat_world  globalization  Tom_Friedman  metaphors  India  China  comparative_advantage  impermanence  transient  kaleidoscopic  instability  accelerated_lifecycles  global_economy 
december 2010 by jerryking
Do Believe the Hype - NYTimes.com
Nov. 2, 2010 |NYT| Tom FRIEDMAN..."the single most important
trend in the world today: globalization — the distn of cheap tools of
comm. & innovation that are wiring together the world’s citizens,
govts., biz, terrorists — is going to a whole new level."....EKO India
Fin Services' founders, Abhishek & Abhinav Sinha , began with an
insight — that low-wage migrant workers flocking to Delhi from poorer
states like Bihar had no place to put their savings & no secure way
to remit $ home to their families. India has relatively few bank
branches for a country its size, so many migrants stuff $ in their
mattresses or send $ home through traditional “hawala,” or hand-to-hand
networks...The brothers' idea: In every neighborhood there’s a
mom-and-pop kiosk selling drinks, cigs, candy & groceries. Why not
turn each one into a virtual bank? They created a s/ware prgrm allowing
a migrant in Delhi using his cellphone, & proof of identity, to
open a bank acct. registered on his cellphone txt system.
India  entrepreneurship  start_ups  Tom_Friedman  banking  mobile_phones  low-wage  globalization  flat_world  insights  text_messages  urbanization  remittances  microfinance  fin-tech  underserved  unbanked  kiosks  neighbourhoods  internal_migration  mom-and-pop  the_single_most_important 
november 2010 by jerryking
Op-Ed Columnist - The New Untouchables - NYTimes.com
October 20, 2009 | New York Times | By THOMAS L. FRIEDMAN. The
economic downturn has coincided with an education breakdown on Main
Street — precisely as a 'Flat World' enables so many more people to
compete with Americans for middle-class jobs. "“... education failure is
the largest contributing factor to the decline of the American worker’s
global competitiveness, particularly at the middle and bottom ranges,”
"...those [professionals] who have the ability to imagine new services,
new opportunities and new ways to recruit work [will be] retained. They
are the new untouchables." .......A Washington lawyer friend recently told me about layoffs at his firm. I asked him who was getting axed. He said it was interesting: lawyers who were used to just showing up and having work handed to them were the first to go because with the bursting of the credit bubble, that flow of work just isn’t there. But those who have the ability to imagine new services, new opportunities and new ways to recruit work were being retained. They are the new untouchables...........Survival means actively engaged in
developing new ideas or recombining existing technologies or thinking
about what new customers want......those who have some interpersonal skills — the salesperson who can deal with customers face to face or the home contractor who can help you redesign your kitchen without going to an architect — have done well.”.....Just being an average accountant, lawyer, contractor or assembly-line worker is not the ticket it used to be. As Daniel Pink, the author of “A Whole New Mind,” puts it: In a world in which more and more average work can be done by a computer, robot or talented foreigner faster, cheaper “and just as well,” vanilla doesn’t cut it anymore. It’s all about what chocolate sauce, whipped cream and cherry you can put on top. So our schools have a doubly hard task now — not just improving reading, writing and arithmetic but entrepreneurship, innovation and creativity.
Tom_Friedman  Daniel_Pink  schools  education  individual_initiative  decline  future-proofing  non-routine  Managing_Your_Career  imagination  skills  special_sauce  idea_generation  Flat_World  unarticulated_desires  middle_class  new_thinking  intrinsically_motivated  winner-take-all  entrepreneurship  innovation  creativity  Lawrence_Katz  mental_dexterity  interpersonal_skills 
october 2009 by jerryking

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