Levels of Globalization
According to Thomas Friedman there are three levels of globalization and a fourth is emerging
The three levels of globalization
Globalization 1.0: Through exploration, countries and governments core economic concepts were changed. For example Christopher Columbus discovering America. Interaction depends on government to government communication.
Globalization 2.0: Company interaction, rather than nation and government interaction "shrinks" the world and allows more communication pathways to open up.
Globalization 3.0: Interaction between individuals of the world is possible. Through the technology of PCs (personal computers) and the software to connect them, people across the globe are able to communicate and share ideas directly, taking innovation to the next level.
What would Globalization 4.0 look like?
Watch Thomas Friedman's "The World is Flat 3.0" lecture here
The three levels of globalization
Globalization 1.0: Through exploration, countries and governments core economic concepts were changed. For example Christopher Columbus discovering America. Interaction depends on government to government communication.
Globalization 2.0: Company interaction, rather than nation and government interaction "shrinks" the world and allows more communication pathways to open up.
Globalization 3.0: Interaction between individuals of the world is possible. Through the technology of PCs (personal computers) and the software to connect them, people across the globe are able to communicate and share ideas directly, taking innovation to the next level.
What would Globalization 4.0 look like?
Watch Thomas Friedman's "The World is Flat 3.0" lecture here
Globalization in Fiji
Globalization in Fiji would be considered 2.0. Compared to other Pacific Island nations, Fiji is fairly well-developed. According to Effectiveness of Globalization: A Case Study of Fiji, "Development has been slow due to several development constraints, including political instability, high levels of external and domestic debts, geographical isolation, high transport costs, reliance on a narrow resource base, and dependence on a small number of exports." Fiji's small number of exports keeps them in the lower levels of 2.0 globalization. As reported on worldbank.org, approximately 37% of people in Fiji are internet users. Because of the low number of people with access to the worldwide network allowing personal communication with individuals across the globe, Fiji has not yet transitioned into the 3.0 phase of globalization and is considered in the 2.0 level of globalization.