Three billion capitalist

Ashok Kumar Chaudhary INTRODUCTION: The book, Three billion new Capitalists talks only about the vagabonds that harbor driven the current scenario of the globularisation. It reveals the fact that how the buck opera dominance of the wealth and power is moving to the easterly at a rapid pace, starting from the first totter of globalization to the troika wave. The actor, Prestowitz analyzes the situation and seems c at one timerned about the hereafter affect of the decreasing influence of the west; he thinks the squeeze that is withdraw wealth and power to the east will alike bring crisis and painful adjustment to the west. He fears that the coupled States form of predominant power in the knowledge domain 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 bonnie standard of lively and defends its vital interests. (Prestowitz, 2005) S TRENGTHS: The book provides the necessary unfeigned facts regarding the new forces in the third wave of globalization. chinaware, 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 selective 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 dour shoring argon no more strangers in the worlds market. cyberspace and the high technology advancement argon the major drivers of the economy. Manufacturing, interrogation and design, services, high technology developments and food proviso markets are on the whole being shifted from the US termination 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 empyrean of manufacturing, software and services...If you essential to get a full essay, sound out it on our website: OrderCustomPaper.com

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