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Globalization’sDualPowerRobertJ.SamuelsonR

einforcementTextAnalysisB

ackgroundWarmingupGlobalization’sDualPowerUnit9Questions/ActivitiesCheck-onPreviewObjectivesWarmingupGlobalization’sDualPowerUnit9WarmingupQuestions/ActivitiesWhatsignsofglobalizationdoyoufindaroundyou?Howdoyouevaluatetheimpactofglobalizationonyourlife?Fillintheblankswithtariff,tax,duty.Thegovernmentmayimpose________onimports.DoIhavetopaythe________oncigarettes?TheBudgetCommitteeisplanningforareductiononthecorporateincome________.tariffs

duty

taxCheck-onPreviewWarmingupFillintheblankswithcredit,loan,bond.Itissaidthat56percentofnewcarswereboughton________intheUS.She’stryingtogeta$50,000________fromtheWorldBanktostartherownbusiness.Whenevergovernment________wereissuedinChina,therewouldalwaysbelongqueuesoutsidethedoorsofthebanks.Severalstoresareofferinginterest-free_______.creditcredit

loanbondsCheck-onPreviewWarmingupFillintheblankswithmerger,acquisition,takeover.Thebankdeclaredthat1,750workerswouldbefiredasaresultofthe_______.IBMwilllookat__________includingsmallservicecompaniesthatcomplementitsofferings.Hepreventedahostile________oftheHarbinBeerCo.Ltd.mergeracquisitionstakeoverCheck-onPreviewWarmingupObjectivesUnderstandimportantaspectsofglobalization.Evaluatedifferentargumentsofglobalization.Familiarizeyourselveswitheconomictermsandjargons.TrytotranslatejournalisticEnglish.Appreciateargumentativewriting.WarmingupBackgroundGenreAuthorGlobalization’sDualPowerUnit9A1967graduateofHarvardUniversitywithaB.A.ingovernment.AbiweeklycolumnswriterforTheWashingtonPost,TheLosAngelesTimes,TheBostonGlobe…Oneofthemostrecognizedwritersforhisbiweeklycolumnsanalyzingandreporting

socioeconomicissues.HisLifeBackgroundAuthorRobertJ.Samuelson(1945-)TheGoodLifeandItsDiscontents:TheAmericanDreamintheAgeofEntitlement(1995)Untruth()HisWorksTheGreatInflationandItsAftermath()BackgroundAuthorThe1981NationalMagazineAward.TheNationalHeadlinerAwardin1987forBestSpecialInterestColumn.TheNationalHeadlinerAwardsforFeatureColumnonaSingleSubjectinboth1992and1993.The1983,1986and1993GeraldLoebAwardsforBestCommentary.The1993JohnHancockAwardforBestBusinessandFinancialColumnist.HisAchievementsBackgroundAuthorBackgroundGenreArgumentativeWritingClear-cutstructuretopicsentence,transitionsignals…Convincingargumentsstatistics,quotations,examples,definitions…Longandbalancedsentencesparallelism,sentencepatterns…Economictermsandjargonsbond,merger,balanceofpayments…DetailedAnalysisStructureThemeTextAnalysisGlobalization’sDualPowerUnit9

Globalizationisadouble-edgedsword;itposesadauntingquestionformankindinthe21stcentury.TextAnalysisThemeATHESISisanargumentativeopinionaboutthenarrowlydefinedsubjectmatter,itisthesinglemostimportantsentenceorseriesofsentencesintheentireargument.TextAnalysisStructureIntroduction(paras.1-2):Globalizationisadouble-edgedsword,adauntingquestionofthe21stcentury.Argumentation(paras.3-33)A.advantages(paras.3-17)B.disadvantages(paras.18-33)III.Conclusion(para.34):promisevs.perilPartI:IntroductionTextAnalysisDetailedAnalysistheintegrationanddemocratizationoftheworld’sculture,economy,andinfrastructurethroughtransnationalinvestment,rapidproliferationofcommunicationandinformationtechnologies,andtheimpactsoffree-marketforcesonlocal,regionalandnationaleconomiestheincreasinginterconnectednessofnationsandpeoplesaroundtheworldthroughtrade,investment,travel,popularculture,andotherformsofinteraction(Encarta)TextAnalysisDetailedAnalysisPartI:DiscussionWhatisglobalization?Whydoestheauthorclaimglobalizationasa“double-edgedsword”?

Isthisanewideatoyou?Whatelsedoyouknowaboutits“doubleedges”?Thisisquiteanewideawhenthetextwaswritten:in1999,atthethresholdofanewcentury.Theotheredgesinclude,forexample,facilitateexchangesbetweenpeopleacrosstheworld(goodsmove,ideasmove,andcultureschange),thepoliticalaspectsinWorldGovernment,ecologicalandenvironmentalimpacts…TextAnalysisDetailedAnalysisPartI:DiscussionWhatisthedauntingquestionofthe21stcentury?Whyisitdaunting?Haveyoufeltdauntedaboutitbefore?

Itisdauntingbecauseitispossiblethatthegreatchangesbroughtbyglobalizationwouldthreateneverythingintheworld.TextAnalysisDetailedAnalysisPartI:Discussionontheedgeclosetothepointatwhichsthdifferent,esp.sthbad,willhappenTheireconomyisontheedgeofcollapse.Sheisontheedgeofdespair.Butfromwherewestand,theyappeartobeteeteringontheedgeoffinancial—andsocietal—disaster.

TextAnalysisDetailedAnalysisPartI:Words&ExpressionsPartII:ArgumentationA.AdvantagesTextAnalysisDetailedAnalysisInwhatwaysisglobalizationatrendywordforanoldprocess?globalizationmarketsandmarketsexpansion(para.3)awayofcombatingcommunism(para.4)anantidotetodeadlynationalism(para.5)TextAnalysisDetailedAnalysisPartII(A):Discussionmultinationalcompanies(paras.9-12)governments(paras.13-17)privatecapitalflow(paras.7-8)countries,distincteconomicentities?Whatisthecriticalrespectthatdiffersglobalizationfromitsoldprocess??TextAnalysisDetailedAnalysisPartII(A):Discussionchampionv.topubliclyfightforanddefendanaimorprinciple,movementorperson,suchastherightsofagroupofpeopleShechampionedajustcause.championn.He’sthereigningchampion.Theyarebothgunningforplacesinthechampionship.Heisachampionatplayingbasketball.TextAnalysisDetailedAnalysisPartII(A):Words&ExpressionsPartII:ArgumentationB.DisadvantagesTextAnalysisDetailedAnalysisWhatistheFIRSTproblemofglobalization?economicinstabilityTextAnalysisDetailedAnalysisPartII(B):DiscussionAsianFinancialCrisisHowdoestheauthorarguethis?Whybrokeout?(paras.20-21)WhynotaglobalDownturn?(paras.22-23)agreatdanger(paras.24-25)possiblelargerinstability(paras.26-28)TextAnalysisDetailedAnalysisWhatistheauthor’sopiniontowardstheoutbreakoffinancialcrisisinSouth-EastAsia?Doyouagree,disagreeorpartlyagree?Why?Investmentfundnotwellused,tradeflowsbecometoolopsided(para.19);cronycapitalism,ineptgovernmentinvestmentpoliciesandexcessoptimism,misuseofinvestment.(para.21)Doyouagreewiththeauthorthatitisthe“astonishingUSeconomy”thatpreventedAsiacrisisfrombecomingaglobaleconomicdepression?Why?Howwouldyoujudgehisopinion?Pro-westpointofview.→moreviewsonAsiacrisisTextAnalysisDetailedAnalysisThecryof“cronycapitalism”asthecauseoftheAsiancrisisisnolongerveryconvincingafterthecrisisspreadtothenon-AsianworldandtheirregularitiesofAmericanbusinessandaccountingpracticesarealsoexposed.StanleyFischer(1943-),formerIMFchiefeconomist

TextAnalysisDetailedAnalysisChina,India,VietnamandCambodiawerenotaffectedbytheAsiancrisisasmuchastheRepublicofKoreaandASEAN4(Thailand,Indonesia,Philippines,Malaysia).Thisisnotbecausetheproductivityandinstitutionsofthefirstgroupweresuperior,butbecausetheydidnotopenupfinancially.JosephStiglitz(1943-),formerWorldBankchiefeconomistTextAnalysisDetailedAnalysisThebankingproblemandthelackofproperbanksupervision.Pre-moderncorporatesector:non-transparency,familydominance,non-separationofownershipandmanagement,archaicaccounting,etc.Unhealthyrelationshipbetweengovernmentandbigbusiness.Toomuchdependenceonexports(especiallyonUSmarketsandITdevices).Politicalbackwardnessandlackoftruedemocracy.TextAnalysisDetailedAnalysis→TherealcausewasthestructuralweaknessesofthedevelopingeconomiesinEastAsia.Whatarethereasonsforeconomicinstability?WhatistheSECONDproblemofglobalization?political,cultural,social…TextAnalysisDetailedAnalysisPartII(B):DiscussionHowdoestheauthorarguethisproblem?fear&anger(paras.30-31)Itcouldimplode…(paras.32-33)SeattleprotestEuropeanfearsUSworkersTextAnalysisDetailedAnalysisrelatedpicturesTextAnalysisDetailedAnalysisTextAnalysisDetailedAnalysisHowwouldglobalizationimplode?Itisnotinevitableorirresistible.

Governmentscanshieldlocals.

Thegovernments’logic.

Iftoomanyfollow,itcould.TextAnalysisDetailedAnalysisbepronetoto

be

likelytodosthorsufferfromsth,esp.sthbadorharmfulWorkerswhoareforcedtoworklonghoursarepronetoaccidents.Someplantsareverypronetodisease.Kidsareallpronetoeatjunkfood.onboth/several/allcountsI’mafraidIdonotagreewithyouonallcounts.Ifindthisunconvincingonseveralcounts.TextAnalysisDetailedAnalysisPartII(B):Words&Expressions(1)balanceofpaymentthedifferencebetweenacountry’simportsandexportsbalanceofpaymentssurplus国际收支顺差/赢余

balanceofpaymentsdeficit国际收支逆差/亏损current-account(inthetext)anaccountofcredits,debits,receipts,andexpendituresbetweentwocountriesTextAnalysisDetailedAnalysisPartII(B):Words&Expressions(2)surgeThetaxisurgedforward.Shecouldfeelangersurginginsideher.Howcanweexpectasurgeinhisfinancialstatusinashortspanof5years?asurgeofThereisasurgeofexcitementinhispressconference.Wheneverthereisdisputebetweenthetwocountriesovertheborderarea,asurgeofrefugeescanbepredicted.TextAnalysisDetailedAnalysisPartII(B):Words&Expressions(3)PartIII:ConclusionTextAnalysisDetailedAnalysisEconomicinterdependencecutsbothways.(para.34)Whatcanwelearnastohowtowritetheconclusionofanargumentationfromthelastparagraph?TextAnalysisDetailedAnalysisPartIII:DiscussionReinforcementWritingDiscussionGlobalization’sDualPowerUnit9ReinforcementDiscussionIsglobalizationalreadyarealityorachoice?why?Doesglobalizationhaveanythingtodowithculture?DoyouthinkglobalizationisanotherwordforAmericanization(culturally,economically,etc.)?Whyorwhynot?Takingintoconsiderationboththeprosandconsofglobalization,whatkindofattitudeshouldweadopttowardsglobalization?ArgumentativeWriting(AW)Whatarethefourmajortypesofwriting?

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