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Globalization

Globalization is a one-day course addressing the current economic landscape. What was recently a cliché has now become a fact of life for a large number of people on the planet particularly in the areas of finance, business, technology, media, epidemiology, intelligence and military-political affairs. This course begins with a definition of globalization based on the idea of transnational or “post national” phenomena in contrast to the prior multi-national paradigm. Next, globalization is placed firmly in an historical context by comparing the first era of globalization (1889 – 1914) to the current era (1989 – 20??) raising questions about the inevitability of progress and the potential for discontinuities and systemic collapse. The course considers both the positives of globalization (efficiency of production, wealth creation, sustained economic growth) and the negatives (global pandemics, deflation, loss of indigenous and heterogeneous culture, “winner take all” income inequality) and prospects for geopolitical developments based on these phenomena. Specific attention is directed to the implications of attenuated supply chains and inbound foreign direct investment for U.S. national security.

Course Objectives:
Upon completion of this course, participants will have:

  • A well-developed definition of globalization
  • A better understanding of the difference between transnational and multi-national paradigms
  • A grasp on the historical context surrounding globalization
  • Expanded knowledge on the implications globalization has for geopolitical developments—both positive and negative

Who Should Attend: Analysts & those wishing for insight into the issues of globalization
Length: One (1) day
Instructor(s): Jim Rickards


 

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