Patrick Barkey writes this in his current column on Economic Analysis for the Indianapolis Business Journal:
"Even here in the isolated Midwest, it’s hard to find a product, a job or a community that hasn’t been affected by the high degree of connectivity among customers, businesses, and buyers and sellers of all kinds around the globe."
Noting Hoosiers' "love-hate relationship with globalization boom", he concludes that "the essence of globalization is competition." And, he says, competition forces us to produce better products and services at lower cost offering consumers more choices.
Barkey is an economist and director of economic and policy study at the College of Business, Ball State University.
Read the whole column in the 22-29 January 2007 edition of the IBJ.
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