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This exploration delves into the history and evolution of globalization, addressing why the phenomenon is often regarded as a recent development. The author argues that significant advancements since 1970—such as technological innovations, changes in trade policies, and geopolitical events—mark the true beginning of globalization. Key moments include the end of the Bretton Woods system, the fall of the Soviet Union, the establishment of the WTO, and contemporary events like 9/11 and the Arab Spring, all contributing to the complex narrative of global interconnectedness.
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Why is there a dispute about when the phenomenon of globalization began? • Why does the author argue that globalization is necessarily a recent phenomenon? • What advancements have been made in the contemporary period (since 1970) that support a compelling case that this era is where globalization really started and is flourishing? • What events have occurred in the contemporary period (since 1970) that supports a compelling case that this era is where globalization really started and is happening? Discussion Questions
A process • Advancements • NayanChanda- Bound Together • Traders • Preachers • Adventurers • Warriors • Settlers The Dispute
Technology • Contemporary (from 1970) Recent Phenomenon?
Telecommunications were key • Transportation • Supertankers Advancements since 1970
End of Bretton Woods System • Fall of SU • WTO • 9/11 • Arab Spring Events since 1970