Archive for November, 2009

The Pace of Globalization III

Sunday, November 29th, 2009

This is the third post of my “The Pace of Globalization” series. For the previous two posts, follow these links:
The Pace of Globalization I
 
The Pace of Globalization II
In the first post of this series, I featured the video “Did You Know?” by Karl Fisch, a teacher at Arapahoe High School in Centennial, Colorado.
Mr. Fisch has [...]

The Pace of Globalization II

Friday, November 27th, 2009

In his bestselling book “The World is Flat”, New York Times columnist Thomas L. Friedman - one of my favorite authors - analyzes globalization and divides it into three eras:
“Globalization 1.0 (1492 to 1800) shrank the world from a size large to a size medium, and the dynamic force in that era was countries globalizing [...]

The Pace of Globalization I

Thursday, November 26th, 2009

The pace of globalization is increasing. And that is good for all of us. Today, we are more inter-connected than at any other date in history. More people communicate, collaborate and compete with each other than ever before.
Globalization is the driving force behind the progress of the human race. Globalization brings peace and prosperity. Globalization [...]

Japan in Deflation - don’t underestimate the Japanese consumer!

Saturday, November 21st, 2009

The world’s second-largest economy is officially in deflation now. The price level is falling primarily because of overproduction (partly due to weak exports) and Japanese consumers expecting a further decrease in prices, therefore delaying  purchases and saving even more.
The problem is the Bank of Japan can’t really do much about it because the Japanese central bank’s [...]

China’s Environmental Challenge - The True Cost of Growth

Monday, November 16th, 2009

 has become the world’s number one emitter of carbon dioxide after surpassing the United States.
16 of the 20 most polluted cities in the world can be found in that country
is the fastest-growing economy in the world  (growing at 9% per year on average for the past 10 years) and accounts for the largest share of [...]