Paper Summary:

"Globalization is, in this most modern context, a long-term effort to integrate international markets, nation-states, technologies, and information across national borders" (Friedman, 1999, p.xv-xvii). The writer takes this phenomenon and looks at the risks globalization poses to future generations across the world. The paper discusses the economic, political, and socio-cultural elements which sustain and invigorate one another in an open global environment.

From the Paper:

"However, it is critical to note that without the technologies available today, globalization as we know it could not exist. In this, some key elements comprising the system of globalization are tech-related, many of which go hand in hand. In all spheres of human interaction, globalization relies upon technology. Economically, the new global order "is made possible by computers and telecommunications, satellite communication, the Internet, and the World Wide Web" (Van Dusen Wishard, 1999, p. 61). Because of these technological innovations, the other characteristics of economic globalization may flourish; the advancements of the Digital Age have created means by which individual components of the world can be more tightly interwoven than ever before. As Friedman states, ?thanks to the combination of computers and cheap telecommunications, people can now offer and trade services globally "that could never really be traded before" (1999, p.xv)."

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