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Globalization in Business: History, Advantages, and Challenges
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Across the world we’re seeing governments and popular movements come to power that are opposed to globalization. Why? In this third lecture in INET’s “Economics For People” series, Ha-Joon Chang explains the backlash to globalization. | Institute for New Economic Thinking
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Across the world we’re seeing governments and popular movements come to power that are opposed to globalization. Why? In this third lecture in INET’s “Economics For People” series, Ha-Joon Chang explains the backlash to globalization. | Institute for New Economic Thinking
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This perspective on globalization is genuinely eye-opening! Decades of outsourcing didn't just move jobs; it fundamentally eroded the US's ability to produce goods affordably, especially when labor is involved. See how China’s economy exploded as a direct result—a system that pulled millions from poverty. The sheer hunger and dedication of factory workers, for whom a $5/hour wage is a massive leap from farm life, powering entire city infrastructures, offers a stark comparison to Western percepti
0:37
This perspective on globalization is genuinely eye-opening! Decades of outsourcing didn't just move jobs; it fundamentally eroded the US's ability to produce goods affordably, especially when labor is involved. See how China’s economy exploded as a direct result—a system that pulled millions from poverty. The sheer hunger and dedication of factory workers, for whom a $5/hour wage is a massive leap from farm life, powering entire city infrastructures, offers a stark comparison to Western percepti
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Globalization is 'far from dead,' says professor
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Globalization not dead but in a 'different world': economist
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