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Article: Defining "globalization': facts, fears, history.(News)
- Article from:
- Plastics News
- Article date:
- March 16, 2009
CopyrightCOPYRIGHT 2009 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Steve Toloken
Asking for a definition of globalization may be the best Rorschach test you can give someone in the plastics industry.
Staring at those inkblot patterns, you might see gathering storm clouds or peaceful mountains. Depending on who you are and where you're standing, globalization can mean hollowed-out industrial economies competing against US$1-an-hour workers in developing countries, or new opportunities, investments and growth in places you're not sure how to pronounce.
Before you take the test, though, step back for a second and consider some dry numbers.
In 2007, the biggest markets in the world for ...