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whip_lash : globalization   10

The Rise of the New Global Elite - Magazine - The Atlantic
Many corporations have profited from this economic upheaval. Expanded global access to labor (skilled and unskilled alike), customers, and capital has lowered traditional barriers to entry and increased the value of an ahead-of-the-curve insight or innovation. Facebook, whose founder, Mark Zuckerberg, dropped out of college just six years ago, is already challenging Google, itself hardly an old-school corporation. But the biggest winners have been individuals, not institutions. The hedge-fund manager John Paulson, for instance, single-handedly profited almost as much from the crisis of 2008 as Goldman Sachs did.
capitalism  finance  globalization 
january 2011 by whip_lash
How Singapore Could Become the Most Important City in the Emerging World
Welcome to Singapore’s rare impractical side: Government-subsidized research conducted mostly by welcomed immigrants who can’t find this kind of science-fair-project cash elsewhere.
business  cities  culture  economy  globalization  technology 
november 2010 by whip_lash
The Politically Incorrect Guide to Ending Poverty - Magazine - The Atlantic
Romer is peddling a radical vision: that dysfunctional nations can kick-start their own development by creating new cities with new rules—Lübeck-style centers of progress that Romer calls “charter cities.” By building urban oases of technocratic sanity, struggling nations could attract investment and jobs; private capital would flood in and foreign aid would not be needed. And since Henry the Lion is not on hand to establish these new cities, Romer looks to the chief source of legitimate coercion that exists today—the governments that preside over the world’s more successful countries. To launch new charter cities, he says, poor countries should lease chunks of territory to enlightened foreign powers, which would take charge as though presiding over some imperial protectorate. Romer’s prescription is not merely neo-medieval, in other words. It is also neo-colonial.
cities  economics  globalization  history 
august 2010 by whip_lash
LRB · Steven Shapin · Down to the Last Cream Puff
American and British foodies appear at times ‘plus royaliste que le roi’, reminding French food culture what it owes to the world and, specifically, to those whose lives were turned inside out by a French epiphany. Steinberger visited Philippe Alléosse, owner of perhaps the best cheese shop in Paris. Shopkeeper and foodie shared their alarm over the decline of raw-milk cheeses and the rise of industrial junk, and then Alléosse told Steinberger where he thought the blame lay: ‘No French chefs come to visit here. We get foreign chefs, but no French chefs. The French think that good cheese is too expensive. It is the Americans and other foreigners who support quality. I have Americans coming into the store saying: “Philippe, you must continue, you must protect lait cru cheeses, you have the best métier in the world.” I never hear that from French people.’ Here, as elsewhere, the natural allies of terroir and Slow Food are the technologies of globalisation: the internet and the 747.
cooking  france  globalization 
august 2010 by whip_lash
World Affairs Journal - The Cosmopolitan Tongue: The Universality of English
What makes the potential death of a language all the more emotionally charged is the belief that if a language dies, a cultural worldview will die with it. But this idea is fragile. Certainly language is a key aspect of what distinguishes one group from another. However, a language itself does not correspond to the particulars of a culture but to a faceless process that creates new languages as the result of geographical separation
language  culture  globalization  sociology 
november 2009 by whip_lash
Trade Lessons Unheeded (Cato @ Liberty)
For all practical purposes there is no difference between the Smoot-Hawley tariff bill of 1930 and the “Buy American” provisions in the $819 billion spending bill that passed the House Wednesday.
economics  history  globalization  protectionism 
january 2009 by whip_lash
Finance Blog - Market Movers by Felix Salmon: When Banks Diversify Internationally -
Any US bank reporting in dollars but earning in pounds or euros or just about anything else will see a spike in income as the dollar falls. Yes, most large financial institutions have sophisticated FX hedging strategies... exchange rates matter.
banking  globalization 
july 2007 by whip_lash Latin America
With Europe and Asia accounting for more than half of the world's economic output and home to six of every 10 millionaires, the banks and securities firms that expanded internationally stand to benefit most.
banking  business  globalization 
july 2007 by whip_lash
Tesco | Fresh, but far from easy |
Armed with powerful retailing science, Britain's most successful supermarket is making an audacious bid to change the way America shops and eats
business  globalization 
june 2007 by whip_lash
SPIEGEL Interview with African Economics Expert: "For God's Sake, Please Stop the Aid!" - International - SPIEGEL ONLINE - News
The avid proponent of globalization spoke with SPIEGEL about the disastrous effects of Western development policy in Africa, corrupt rulers, and the tendency to overstate the AIDS problem.
economics  africa  globalization 
june 2007 by whip_lash

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