Abstract
China’s ancient Silk Road will not succeed without Malaysia. At that time, the main commodity circulating on the Silk Road was tea,which was difficult to preserve and expensive. Good thing was Malaysia had the best tin mine.Tea and tin have made the Silk Road a reality: without tin, the tea trade will not be popular; on the other hand, Malaysia will not be world-famous without the Silk Road and will become the leading country in the production of tin. This is the trade. It is an expansion of economic activities across political and boundaries of nation states. Besides, globalization creates conditions for widening international exchanges, strengthening mutual understanding between nations, expanding cultural, education, and scientific cooperation, enjoying the cultural treasures of people around the world which encourages the process of modernization and enrichment of national culture. Today, in the era of globalization. It is changing our world and affecting every nation, society and even every individual. In the face of the tide of globalization, globalization with its immense power, involved almost all ethnic groups and become global players. When globalization swells the world with its turbulent momentum and widespread influence, anti-globalization has become a new type of globalization. Globalization and anti-globalization co-exist and interact with each other and make globalization complicated.
Highlights
1.1 The Pros and Cons of GlobalizationThree versions of evolution of globalization and triple convergence which are the convergence of ten flatteners, new platforms and new competitors. make the world more flat
Economic Globalization is the inevitable stage in which human society is moving toward a more advanced social formation that has greatly changed humanity’s confinement, conservatism, narrowness, prejudice and short-sightedness caused by the limitations of the region and history, promoting the material, cultural and mutual understanding, communication, cooperation and friendship
The invisible hand of the market mechanism has been pushing forward the advance of the world
Summary
Three versions of evolution of globalization and triple convergence which are the convergence of ten flatteners, new platforms and new competitors. make the world more flat. The invisible hand of the market mechanism has been pushing forward the advance of the world. The market mechanism is the process of allocating resources and achieving the optimal combination. This process requires global free flow of factors of production. The success of technological innovations, especially the revolution in information technology, providing the external conditions for globalization and making it possible for a global network of trading and financial markets. Financial centers such as New York, London, Tokyo, Frankfurt and Hong Kong keep the world carry out around the clock. The balance between state planning and market competition is decisively inclined toward the latter
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