Is globalization a good thing
International exports have increased 30x in the past 60 years
Low cost to transport
Direct investments since it allowed foreign investment, has increased from 13 billion in 1970 to
around 1,800 billion today
Multinational corporations 1990: 7000, today: around 65,000
Globalization helped bond nations together to help problems, such as climate change and
terrorism
Global actors that have bonded together have decreased the political attitude of smaller states
Popular culture becomes dominant over other culture
Some countries benefit more, such as Newley industrialized countries or rapidly developing
countries such as Taiwan and south korea. Can build up corporations with foreign direct
investments, and can market to the whole world
Competitive products prices
China, 500 million people to leave poverty since globalization
