Flat World

The world is flat is a metaphor depicting how globalization has altered economic
concepts. In the 21 st century, advances in technology offered a playing field where buyers and
sellers would communicate and come up with an environment of equal opportunities.
Technology-enhanced sharing of ideas, transportation, and connection between parties in the
intertwined market. An example to illustrate the meaning of a flat world is where workers in
China and India are linked to companies like Dell and Microsoft in the United States (Simoes &
Crespo, 2021). Such flatterers result in the globalization of the world. However, whether the
world is flat or not is subject to debate because different scholars and business people have come
with distinctive views regarding the same.
Following my own experiences and knowledge of business, the world is still far from flat
today. A close check at the available data shows that the fraction of the world that is integrated is
smaller than what people think. More than a three-quarter of investments, phone calls, and web
traffic is local and not international as should be the case of the world was flat (Simoes &
Crespo, 2021). The future of globalization is fragile and can slip away. Cities that dominate
international financial activities such as New York are in the course of connecting and one of the
major connectivity is at the local level. Therefore, some forms of economic activities that could
be conducted across bounders end up being domestically concentrated. Although investment
knows no boundaries, the capital being invested across the globe is conducted by companies in
their own countries. Hence, the world is yet to flatten up.
My experience with a company manufacturing gym products shows that the world is not
flat yet. These products such as Tempo and Mirror are produced and sold locally in developed

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countries (Johnsom, 2021). Perhaps because most people in developing countries are yet to
appreciate the idea of indoor exercises. The concept of the world not being flat offers
opportunities to both companies and individuals. For instance, companies from less developed
regions import manufactured products from those that are already developed. Besides, the
inequality in globalization has played a role in reducing competition and lead to a successful
development strategy. If the world grew smaller and flatter, China’s would competes everywhere
and with everyone on a wide range of manufactured products (Simoes & Crespo, 2021). Every
region across the globe has its strengths and weakness and hence the need for some level of
reform retail.

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Reference

Johnson, P. A. (2021). Hidden in plain sight: the spatial and industrial logics of home fitness
technologies. New Review of Film and Television Studies, 1-25.
Simoes, N., Palan, N., & Crespo, N. (2021). Is the World Flat or Not (Yet)?: Trade Globalization
and Digitalization. In Handbook of Research on Institutional, Economic, and Social
Impacts of Globalization and Liberalization (pp. 1-28). IGI Global.