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ID number:950285
 
Evaluation:
Published: 22.01.2003.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

More then a decade ago, world was divided into two half's: capitalistic and communistic. Cold War era had its own rules and ideas. Technology wasn't as advanced, foreign relations and politics weren't moving anywhere. Things were fixed and stable. Everything was pretty much "frozen". That's why it was called Cold War era. But after the fall of Berlin wall in 1989, things have changed dramatically and globalization turned its wheels on the highest level. One of the current globalists and writers Thomas Friedman calls globalization in his book, The Lexus and the Olive Tree: Understanding Globalization, as a "new international system". (Friedman) He describes it as an integration system of markets and nations where things are a lot faster and cheaper then ever before. Its defining measurement is a speed. It is a system of new technologies, digitization, communicating and most known, the system of Internet. I liked how Friedman described globalization into one word: "the WEB". (Friedman) The main idea of it is free-market capitalism. It is the opening country's economy to free trade and foreign investments.…

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