Globalization Lessons for Today’s Challenges and Opportunities

USF Fromm Institute – Spring Term Summary Notes – June 2006

Relations and roles of political and commercial entities

Political framework to:

Commercial framework which:

1945-70 US boom, 80% Fortune 500 change, Oil, autos, WalMart become less powerful, JapanUS ROI

Manufacturing, petrochemicals in US, Computers and telecom add stages and value for lower cost

Comparative advantage reins supreme, open markets trump democracy

 

Globalization in our time

1945 to 2006 in contrast to 1914-1945

Revive Europe, Japan; compete with USSR in 3 rd World, too early independence

McCarthyism and nuclear threat minor compared to economic proving ground: USSR, China, OECD

Factories investment, Telecom job flexibility without investment

Challenges ahead

Lesson of 9/11 and everything since in US

$2MMM US debt, $700 SA oil, Wealth gap, US 25 yr 1 vs10%/yr growth, 2% own over 80%wealth, tax

1968 end of closing gap, China and India for education, industry, growth, openness, US immigration, education, Head Start

 

Conclusions on Globalization and Nation States:

  1. May facilitate or defer globalization, but never stop or reverse progress and benefits
  2. Young and impermanent: Only modern era, vast changes after World Wars, 50 to 200 since 1945

Conclusions on Globalization Challenges and Choices:

  1. Continuing Progress vs. Looking Back
  2. Wealth for Greed vs. New Opportunities
  3. Fear and Terror Preoccupation vs. Increased Trust and Technology
  4. Laissez faire vs. Controls for community, labor, environment, health and welfare

 

Rise of India and China in Globalization Today

USF Fromm Institute – Spring Term Summary Notes – May 2006

 Globalization roots and branches could have started with either India or China

China’s glory set as European renaissance and sea discoveries emerged

China and India since European colonialism

Dissillusionment with west from 1900

Post World War II

Apparent legacy for post Iron Curtain fall globalization

India

China

End of Cold War

China

India

What next?

 

 

Globalization Notes for March 6 Asia, China and India

USF Fromm Summary Notes March 6, 2006

Western Empires Road to Asia

Asia’s Road to Independence and Power in 1900-1940

Cataclysms, Upheavals, Overthrows, Miscalculations Since 1940’s

From Cold War to Globalization in Asia

Cold War Influences and Initiatives until 1980’s

Internal forces explain fast globalization rise of China and now India since 1990’s

 

Asian strengths enhanced by adaptation to best of world

Future of Globalization: Asia, China, India, US and Beyond

 

Globalization Notes for - World War I to Present

US Fromm Summary Notes February 27, 2006

Identified and built on globalization factors of past that apply today

Last week focused on aspects of US development that related to globalization today

Focus today on Europe to World War I and world since to globalization today

 

After Napoleon, century of relative European Peace from 1815-1914

Two remaining transport innovations before Great War, air and auto

 

 

Still difficult to fathom reasons and disastrous consequences of World War I

Social consequences of World War I as seeds of World War II, collapse of old order

Missed opportunities of interwar period feed spiral down rather than recovery and progress

World War II as battleground of technologies that will shape postwar world

Most of last half of 1900’s spent trying to get back to as advance or stable a base as in 1915

Return to technology, commerce, small groups to facilitate growth and progress

Post war United States at home

Post war World beyond United States

New world of business to foretell globalization

Fall of Communism, rise of market economies around the world

From Mediterranean globalization to China and India

Next week concluding focus on governments, countries, political pressures in globalization

 

Shift to Iindividuals as Focus for Advance of Globalization

USF Fromm Summary Notes January 30, 2006

In past sessions individuals weren’t prominent or known

 

Phoenicians

Alexander

Rome

Byzantine, Islam Empires

Today and from now on focus on individuals who contributed to globalization as we know it

Strengthening of Europe to Begin Discovery and Renaissance

Shift from south to north, innovation and specialized skills of weavers

US government separation of church and state