Ashok Kumar Chaudhary INTRODUCTION: The book, Three billion new Capitalists talks completely about the vagabonds that harbor driven the current scenario of the globularisation. It reveals the fact that how the cater opera dominance of the wealth and power is moving to the eastbound at a rapid pace, starting from the first rove of globalization to the troika wave. The actor, Prestowitz analyzes the situation and seems c erstrned about the approaching affect of the decreasing influence of the west; he thinks the impel that is withdraw wealth and power to the east will to a fault bring crisis and painful adjustment to the west. He fears that the unite States paradigm of predominant power in the realism will be in earnest undermined; he thinks its relative economic high quality and power be rapidly slipping away and United States could find itself severely pressed to maintain a commonsensical standard of lively and defends its vital interests. (Prestowitz, 200 5) STRENGTHS: The book provides the necessary certain facts regarding the new forces in the third wave of globalization. mainland China, India and the former Soviet Union have driven their three billon citizens on to the once despised capitalistic road leaving behind their single socialist workers paradises.
The author has expressed his views with supporting mathematical information comparing different waves of global economy. The author provides enough supportive information that makes the third wave of globalization revolutionary and dynamic. Outsourcing and remove shoring argon no more strangers in the w orlds market. cyberspace and the high techn! ology advancement are the major drivers of the economy. Manufacturing, interrogation and design, services, high technology developments and food give markets are on the whole being shifted from the US drainage area and new major global player are transforming the geopolitical landscape. In this third wave of globalization, even though China and India might have left-hand(a) others far behind in the reach of manufacturing, software and services...If you essential to get a full essay, severalise it on our website: OrderCustomPaper.com
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