GLOBALIZATION

GLOBALIZATION

1. The First mentionings of globalization appear in the 1850s by David Livingstone were he talks about how Railroads, steamships and telegraph were integrating east africa with the rest of the world.

   • The biggest question really is, How global are we nowadays?
     • Some people say that national borders don’t matter nowadays.
     • But in another hand we can notice that we are very far from no border effect benchmark.
       • Being accurate about how limited globalization levels are, is critical to even being able to notice that there might be room for something more, something that could contribute to global welfare.
         • Just by analizing some cross border components like: phone calls, direct investment, exports and inmigrants, and looking at the porcentajes that we as human beings work with, can notice that is not much of the borders that we are tearing apart, we are still missing a lot to be called a non-barrier world.
           • Globaloney is important at this point, which is to get people to pay more attention to globalization related issues.

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