Managing Globalization
Notes based on in the age of Interdependence,
published 1995 by Pfeiffer & Company, San Diego, CA.
Introductory Quotation:
"In Managing Globalization in the Age of Interdependence, best-selling
author George C. Lodge, Jaime and Josefina Chua Tiampo Professor of Business
Administration at the Harvard Business School, tackles an issue of worldwide
proportions - the tensions created by globalization, the growing interdependence
of the earth's 5.5 billion people.
Globalization is the process forced by global flows of people,
information, trade, and capital. It is accelerated by technology, potentially
harmful to the environment - and at the present, driven by only a few ...
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is a fact and a process. The fact is that the world's
people and nations are more interdependent than ever before and becoming more so.
The measures of interdependence are global flows of such things as trade,
investment, and capital, and the related degradation of the ecosystem on which
all life depends, a degradation that constantly reminds us that we are all
passengers on a spaceship, or, more ominously, a lifeboat" (p. XI)
"Globalization is a promise of efficiency in spreading the good things
of life to those who lack them. It is also a menace to those who are left behind,
excluded from its benefits. It means convergence and integration; it also means
conflict and disintegration. It is upsetting old ways, and challenging cultures,
religions, and systems of belief." (p. XI)
"In spite of many variations and differences, an ideological framework
can be composed so that globalization may serve the cause of humanity." (p. XV)
Structure:
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(p. 13)
"Globalization has clearly enriched the rich in the industrial worlds of
Asia, Europe and North America, but at the same time it has widened the gap
between rich and poor both within and among countries." (p. 23)
Chapter 2: The Collapse of the Old Paradigm
"The management of globalization and its tensions requires a global
consensus about purposes and direction." (p. 31.)
"The United States emerged from World War 2 all powerful and committed
to the establishment of a New World order. It took its economic supremacy for
granted…" (p. 38)
"It was not until 1993 - and then only at the urging of the Japanese
government - that World Bank economists reluctantly acknowledged ...
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