With globalization, everybody wins – sooner or later
By Peter Mapleston
Globalization began well over 2000 years ago when traders moved along a series of routes stretching from the Mediterranean through India to China, which collectively became known as the Silk Road. The trade involved not only silk, but all manner of commodities, including slaves (no plastics however).
So why all the fuss about globalization now? Well, as the Global Policy Forum puts it, human societies across the globe have established progressively closer contacts over many centuries, but recently the pace has dramatically increased. Cheap air and sea travel, global telephone services, instant capital flows and, of course, the internet, have all made the world more interdependent than ever.
Read more
