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Globalization.docx
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I. Vocabulary

A. Translate the following words and word combinations into Russian:

irreversible; to touch off a backlash; а surge of protectionism; an explosion of hatred; to overlook one crucial point; enormous benefits; Internet access (+ on the Internet); overall prosperity; to put in place regulatory measures; corporate social responsibility; sense of alienation and malaise; an array of different interests; to kowtow to smb/smth; on the part of; to reduce costs; to enhance а potential;

B. Find in the text English equivalents for:

затягивать, блокировать переговоры; разрушить надежды; движение капитала; создавать условия; радужные надежды (ожидания); в лучшем случае; рыночная экономика; закон джунглей; экономическое равновесие; праведное рвение; собеседник; провести четкое различие; международные события, получившие большой резонанс; перейти от споров (критики) к диалогу; общее (обоюдное) желание; конструктивный подход; отрицать; воплощать; взаимные уступки (компромисс)

II. Answer the questions:

1. Is globalization а psychological, social or economic, process?

2. Is globalization irreversible? What do you think? Give your arguments.

3. What factors create conditions to make globalization irreversible?

4. Is it possible to create the world society of peace and harmony?

5. Is Cold War а reality or myth nowadays?

6. What are the advantages of globalization? Are there any disadvantages?

7. Is it necessary to eliminate borders between countries on the way of globalization?

8. Does globalization mеan an opportunity for complete security and equality?

9. Do you believe in globalization without visible psy­chological scars?

III. Comment on the following quotations:

  • The new electronic interdependence recreates the world in the image of a global village (Marshall McLuhan)

  • The triumph of economic globalization has inspired a wave of techno-savvy investigative activists who are as globally minded as the corporations they track. (Naomi Klein, No Logo)

  • The problem with the global village is all the global village idiots. The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts. (Bertrand Russell)

  • "One must be wary of the view that these loose and diverse coalitions represent a new form of globalized participatory democracy. The dissent industry is largely a product of the Internet revolution. Inexpensive, borderless, real-time networking provides advocacy non-governmental organizations [NGOs] with economies of scale and also of scope by linking widely disparate groups with one common theme."  (Sylvia Ostry)

  • "There’ll be a growing disparity between economics and politics. An economy that grows so rapidly is intractably global.  On the other hand, the current political system is intractably national.  So there is a growing dichotomy between a global economy and locally based politics." (Walter Wriston)

  • "The world must learn to work together, or finally it will not work at all."  (Dwight Eisenhower)

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