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Chapter Outline
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Globalization

Opening Case
Flat Panel Televisions and the Global Economy

Introduction

What Is Globalization?
The Globalization of Markets
The Globalization of Production
Country Focus
Outsourcing American Health Care

The Emergence of Global Institutions

Drivers of Globalization
Declining Trade and Investment Barriers
The Role of Technological Change
The Changing Demographics of the Global Economy
The Changing World Output and World Trade Picture
The Changing Foreign Direct Investment Picture
Country Focus
India's Software Sector
The Changing Nature of the Multinational Enterprise
The Changing World Order
Management Focus
China's Hisense—An Emerging Multinational
The Global Economy of the 21st Century
The Globalization Debate
Antiglobalization Protests
Globalization, Jobs, and Income
Country Focus
Protesting Globalization in France
Globalization, Labor Policies, and the Environment
Globalization and National Sovereignty
Globalization and the World's Poor
Managing in the Global Marketplace

Chapter Summary

Critical Thinking and Discussion Questions

Research Task
Closing Case
IKEA—The Global Retailer





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