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A World Connected

A World Connected: Globalization in the 21st Century

Preface by Richard C. Levin
Nayan Chanda
Susan Froetschel
Copyright Date: 2012
Published by: Yale University Press
Pages: 450
https://www.jstor.org/stable/j.ctt5vktrj
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  • Book Info
    A World Connected
    Book Description:

    No word has evoked as much passion in recent times as the word "globalization," which carries an array of meanings among different people and disciplines. But the fact is that globalization is an historical process that has connected the world and influenced it, for better or worse, in every aspect of life.A World Connected: Globalization in the 21st Centuryis a collection of more than 100 thought-provoking essays by renowned scholars, journalists and leading policymakers published over the past decade by the flagship publication of the Yale Center for the Study of Globalization, YaleGlobal Online. The essays are grouped by chapters on Global Economy and Trade, Security, Diplomacy, Society, Culture, Health and Environment, Demography and Immigration, Anti-Globalization, Innovation and Global Governance and offer insights about globalization trends for the future. The volume contains a general introduction by the editors and a preface by Yale University President Richard C. Levin."As the story of globalization 21st century-style continues to unfold, reflecting on the lessons and challenges of both the recent and more distant past is critical to understand the options as we move forward -- together, as nations, societies, communities and individuals -- and the potential impact of our collective choices. This book will serve as an invaluable and thoughtful reference along the journey." -- Tracey Keys,GlobalTrends.com

    eISBN: 978-0-9779922-0-1
    Subjects: Political Science, History

Table of Contents

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  1. Front Matter
    (pp. 1-5)
  2. Table of Contents
    (pp. 6-7)
  3. Preface
    (pp. 8-9)
    Richard C. Levin
  4. Introduction
    (pp. 10-14)

    Ten years ago, on a chilly November day, an improbable venture was launched in a corner of the Yale University campus – an online multimedia magazine to explore the phenomenon of globalization and promote debate and analysis on that highly contentious subject. As the flagship publication of the Yale Center for the Study of Globalization, YaleGlobal Online was not meant to be a general magazine on international affairs, nor a publication devoted to business and the economy, so often considered to be synonymous with globalization. YaleGlobal’s mission was to follow globalization as it unfolds in all spheres of life. Our mission...

  5. Economy and Trade
    (pp. 15-55)

    The economy has experienced more profound changes from global integration than any other domain. Expanded use of container shipping along with falling tariff barriers has led to phenomenal growth in trade volume. Banking and financial deregulation combined with reliance on technology and the internet has created vast trade and financial networks that operate with the touch of a computer key.

    The speed of transactions and the integration of economies have resulted in huge gains by some corporations and countries, but also created growing imbalances between creditor and borrower nations and yawning economic inequalities within nations. The world’s major economies have...

  6. Diplomacy
    (pp. 56-100)

    Over the past centuries the filaments of trade, travel and diplomatic contacts increasingly connect countries with one another. While such contacts have flourished in recent years, borderless globalization nevertheless depends on nation-states. Although the start of the 21st century was marked by the domination of a sole super-power, it was a power like Gulliver, tied to the ground by ragtag insurgents and the opposition of other smaller states. US power was stretched thin with the invasions of Afghanistan and Iraq, and the war against Al Qaeda and other extremists was bogged down by a troublesome ally like Pakistan. Even after...

  7. Security
    (pp. 101-139)

    Security threats associated with globalization were underscored in September 2001, when a relatively small group of actors known as Al Qaeda planned and executed a suicide attack on the world’s most powerful nation. Soon after, the US and NATO forces invaded Al Qaeda’s base of operations in Afghanistan. The longest war in US history, along with a lengthy detour into Iraq, was divisive both at home and with overseas allies. Fears about encroaching globalization and the two-pronged invasion raised concerns of Muslims around the globe. The struggle also attracted marginalized Muslim youth to join what many labeled “a war against...

  8. Society
    (pp. 140-176)

    Global commerce, travel, internet communications along with expanded wealth have transformed societies. Large cities have emerged as the hubs of globalization, attracting large-scale migration from rural interiors and causing great social transformation. Newcomers influence fresh trends that challenge traditions, producing disparate responses among nations and citizens who have overlapping roles as citizens, workers, consumers, policymakers and investors. In lands with political and economic upheavals, the corrupt take advantage of ease of travel and other aspects of globalization to prey on the vulnerable. Trafficking of women and children has emerged as one of the sinister threats of 21st century globalization. Offshoring...

  9. Culture
    (pp. 177-212)

    For those wary of globalization’s buffeting force, culture often seems the most reliable anchor of stability. Yet the dissemination of languages, religious beliefs, attitudes and values is fluid, shaped by globalization’s ebb and flow. That process led two religions of the desert, Christianity and Islam, to spread throughout the world. Globalization has changed every aspect of culture from the material and style of clothing to new culinary creations to art and literature. Transformations that once happened over the course of centuries have accelerated. More cross-cultural encounters have also led to stiffer resistance. With every new technology, whether it’s mobile devices,...

  10. Health and Environment
    (pp. 213-251)

    From the moment humans learned to light a flame, nature has retreated more than it would have from wildfire alone. Civilization expanded by using stored energy from the sun in the form of fossil fuels to obtain food and shelter and propel vehicles. The consequences of the increasing connectedness of communities and countries have also brought greater exploitation of resources along with the resultant pollution.

    The growth of countries and improvement of living standards due to industrial development and the transportation revolution, have also resulted in the buildup of greenhouse gases. Globalization of the 21st century is marked by growing...

  11. Demography and Migration
    (pp. 252-289)

    Historically, population movements have been a major driver of globalization and economic and social transformation. War, famine and natural disasters force emigration. Uneven economic development prompts both the poor and the ambitious to seek opportunities in other lands. The need for manual labor and special skills has acted as a pull factor in promoting migration. Some welcome the new influences, and yet there is also an inevitable increase in intolerance. During times of economic growth, developed countries lure skilled labor from the developing nations. During economic downturns, popular opposition can rise to bar immigration, though countries always compete for top...

  12. Anti-Globalization
    (pp. 290-327)

    Global connections – whether for spreading commerce, religion or culture – and the influences of other lands have been welcomed as much as resisted. Countries and special interests have often eschewed the back and forth of global connections, wanting to send their exports and ideas out into the world but resisting the products of others. Due to a media revolution and the ability to exchange information, those affected by globalization can organize instant anti-globalization movements. Media advances spurred by the growing internet have enabled individual opponents of globalization to connect, coordinate and oppose globalization in organized ways. An online report of an...

  13. Innovation
    (pp. 328-365)

    All through history new ideas and technological innovation have traveled from country to country, continent to continent, bringing in their wake economic benefit and social progress. They have also invariably created new problems. A great idea emerges, inspiring countless others to pursue the necessary education to catch up and join in the development of new industries like automobiles, aircraft or telecommunications. Globalization in the 21st century has simply speeded up the process of transfer of knowledge via the internet and the pace of innovation. Billions of people who were earlier isolated now enjoy the benefits of connectivity through cell phones,...

  14. Global Governance
    (pp. 366-404)

    Ever since the dawn of civilization humans have devised rules and regulations for the smooth functioning of society and the economy. Growing contact among societies and states required the formulation of rules and adherence by all participants. As the world has become more and more integrated, the complexities of economies, technologies and societies have grown. Challenges emerging from global economic development – trade, travel, pandemics, climate change and terrorist threats – have made global governance a pressing issue. Whether globalization will continue to bring benefits or harm large numbers of the world’s population ultimately depends on finding the right type of global...

  15. Interviews
    (pp. 405-423)

    Over the past decade YaleGlobal Online has conducted dozens of interviews and organized seminars on some of the most important aspects of globalization. Most were recorded, with videos posted in YaleGlobal’s multimedia section. Some have since been posted on YouTube as well. To assist readers and scholars, we also provide transcriptions of the interviews.

    In this section we present excerpts of five interviews that help enrich the discussion of globalization. Kemal Dervis, former Turkish minister of economic affairs and former head of the UN Development Programme, discusses the weakness of the international organization like the UN Security Council and offers...

  16. Back Matter
    (pp. 424-424)