"Lexus and the olive tree" by Thomas L. Friedman.

Book Review: The Lexus And The Olive Tree If you want to commiserate the post-Cold War world, you curb to start by understanding the novel carcass that has succeeded it --- globalization. That is the inaugurate of the intelligence The Lexus and the Olive Tree by the New York multiplication foregin affairs columnist Thomas L. Friedman. The book is divided into threesome gives. Part One, Seeing the System explains the system of globalization and how often it differs from the system that preceeded it---Cold War. He explains that the driving military force behind globalization is free commercialise capitalism. The more you clear(p) your frugality to market forces, free trade and competition, the more effective and flourishing your frugality will be. He mentions three all important(p) forces that are reposnsible for creating and sustaining globalization, which are, the democratisation of technology, information and finance. To be successful in this economy, you grow to d econcentrate and give more responsibilities to people so that they female genitalia move faster to changes. Due to the democratisation of finance, anonymous investors around the world can invest their savings in various countries and companies around the world. This association of investors which Friedman calls the electronic herd, likes countries which beat worn the Golden Straightjacket. By this he means counties which have made private sector the first engine of sparing growth, maintains a low rate of inflation, has smaller bureaucracy, has removed restrictions on foreign investment, promotes domestic competition etc. The piece part of the book, Plugging into the system, Friedman compares countries to a computer. He says that for success well(p)y act in globalization, a country should have the expert hardware and the advanced software. The right hardware is free market economy and the right software includes argoting laws, commercial laws, bankruptcy rules, independ ent commutation bank etc. Another term... ! If you want to get a full essay, recount it on our website: OrderCustomPaper.com

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