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Whilst writers such as Tom Friedman advocate that globalization is a reality, other thinkers have put this much talked about process under more severe scrutiny. Pankaj Ghemawat, for instance, asserts that the current scenario can be described as an era of semi-globalization.
According to the data compiled by the researcher, not many students are studying abroad, nor the number of people living outside their birth place is substantial. Few CEOs are foreigners, the amount of exported goods is relatively low and restrictions to transport flows are abundant. Furthermore, interstate relations are commonly established between countries that share a similar background. Surprisingly, foreign direct investment counts for 9% of the world's fixed investment. This relates to the fact that many states put a tight rein on Internet traffic.
Other myths are dissolved by Ghemawat. Current emigration levels are lower than those of a century ago, due to a more rigid passport control. Besides, regionalization is balking the flow of goods between borders. The author also refutes the idea of homogenization. Global companies are permanently adjusting their modus operandi to local premises. Not all of them, however, succeed when trying to penetrate certain local markets.
Ghemawat's view is disquieting, for it contests the tendency according to which people give technology an ubiquitous quality.