الأحد، 29 مايو، 2011

HW 11, the World is Flat, chapter 10, Developing Countries and the Flat World

In chapter 10 of his book, the World is Flat, Thomas, Fridman says that the manufacture of statuettes of The Virgin of Guadalupe in China and their subsequent importation into Mexico is an example of the problem that  is created when one developing country competes with another, as China became number two importer in 2003 after the U.S.  Also, Friedman discusses the need to develop the countries and the polises and laws to creat the right enviroment for that country's companies and entrepreneurs to succeed in the world.  He states that countries must be tottaly honest in determining their place in the world market inorder to adapt and survive.  Moreover, the concept of reform retail and everything is introduced as we explore the changes in education, infrastructure, and governance. Ireland becomes a case study for financial success as their per capita and GDP has risen to second highest in the European Union. Friedman contemplates a society’s ability and willingness to sacrifice for the purpose of economic development, but some countries will not.

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