Three billion capitalist

Ashok Kumar Chaudhary INTRODUCTION: The book, Three billion new Capitalists talks whole about the vagabonds that harbor driven the current scenario of the globularisation. It reveals the fact that how the one dollar bill opera dominance of the wealth and power is moving to the einsteinium at a rapid pace, starting from the first ruffle of globalization to the troika wave. The actor, Prestowitz analyzes the situation and seems c erstrned about the early affect of the decreasing influence of the west; he thinks the surprise that is withdraw wealth and power to the east will as well as bring crisis and painful adjustment to the west. He fears that the coupled States date of predominant power in the universe of discourse will be in earnest undermined; he thinks its relative economic superiority and power be rapidly slipping away and United States could find itself severely pressed to maintain a sensible standard of lively and defends its vital interests. (Pre stowitz, 2005) STRENGTHS: The book provides the necessary accepted facts regarding the new forces in the third wave of globalization. china, India and the former Soviet Union have driven their three billon citizens on to the once despised capitalistic road leaving behind their several(prenominal) socialist workers paradises.

The author has expressed his views with supportive mathematical data comparing different waves of global economy. The author provides enough supportive information that makes the third wave of globalization revolutionary and dynamic. Outsourcing and off-key shoring argon no more strange rs in the worlds market. cyberspace and the! high technology advancement ar the major drivers of the economy. Manufacturing, interrogation and design, services, high technology developments and food furnish markets are on the whole being shifted from the US limit 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 theater of operations of manufacturing, software and services...If you essential to get a full essay, browse it on our website: OrderCustomPaper.com

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