While the world's markets and economies are becoming increasingly integrated, the process is far from complete — and differences between countries are much greater than generally recognized. As a result, the world is not globalized — rather, it is semiglobalized, argues Pankaj Ghemawat in this Globalist Bookshelf selection from "Redefining Global Strategy."
Arjun Appadurai is a socio-cultural anthropologist with specializations in globalization, public culture, and urban studies. His major accomplishment has been the construction of anthropological frameworks for the study of global media, consumption, and migration. His current work focuses on poverty, violence, and social inclusion in mega-cities with a special focus on Mumbai (India).
"People just don't realise that all these things go through undersea cables - that this is the main way these economies are all linked," said Alan Mauldin, the research director of TeleGeography. "Even when you're using wireless internet, it's only really wireless back to your base station: the rest is done over real, physical connections."
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