Friedman (2005) in his book The World is Flat, suggests that the world is flattening, meaning it is increasingly interconnected by new technology such as the Internet. This can raise the poor from poverty, nurture a worldwide middle class, and even spread democracy. On the other hand this presents significant challenges for developed economies, whose employees may feel threatened by competition from low-cost countries. What does the literature say about this flattening world, try to bring up both sides, that is pro vs con.
