Globalisation: zero sum game and positive sum game

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International Journal of Development Research

Volume: 
08
Article ID: 
13369
7 pages
Research Article

Globalisation: zero sum game and positive sum game

V. Basil Hans

Abstract: 

The phenomenon of globalisation nowadays has attracted more significant global attention than perhaps any other issues. Globalisation manifests itself in various aspects of life: economic, political, social and cultural. In fact these are the dimensions of international business environment. Globalisation is such a multifaceted concept and process that it has big size advantages as well as disadvantages. While we play in the international arena we must know the rules and format of the game. In international business the game can be zero-sum game, or positive -sum game, or negative-sum game etc. Games where there can be multiple winners are called non-zero sum, and they are becoming less common and less applicable in modern life. Games could be wars, currency wars for instance. The era of good feelings associated with the heyday of globalisation has gone. This paper examines the character of globalisation, its crisis and some possible solutions.

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