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Moreover, globalisation has meant that the financiers' ties to a "home town" are not as clear as they once were.
But globalisation has meant that, for some organisations, there is simply no other option other than to use new technology.
Globalisation has meant that the bundling of loans into complex financial instruments whose value depends on the state of the property market in the US can trigger bank crashes in Britain.
Farmers are battling with new and variant diseases, and globalisation has meant a huge increase in the risk of new plant diseases, affecting everything from crops to people's herbaceous borders.
Echoing Hensher, she added: "The Booker was founded to stop the death of the literary novel, but opening it up to globalisation has meant that it's probably adding to that".
Globalisation has meant that Indian-Americans are more connected to their place of origin than previous waves of migrants ever were, causing them to be less likely to assimilate fully.My personal experience is that Indian immigrants who arrived here in the 1960s assimilated to a much greater degree than more recent arrivals, who came after the revolution in communications.
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Finally, the globalisation of capital markets has meant that an increasingly larger number of shareholders are not even located in the UK and are not participating in the public debates of the day here – such as excessive executive compensation.
Such protests could conceivably turn into import bans.Companies have made enormous gains through globalisation, which in many countries has meant that profits have risen as a share of GDP.
The globalisation of capital (in contrast to labour) has meant that when growth falters capital can go elsewhere.
Globalisation would have meant much less if half of Europe had been bricked in; many instinctively statist giants of the emerging world, such as Brazil, India or even China, would have been far slower to open up their economies if a semi-credible alternative had still existed.That points to the second under-appreciated success.
IN GROCERY, at least, globalisation has met its match.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com