Farewell Jet Lag by Christopher Babayode
Author:Christopher Babayode
Language: eng
Format: epub
ISBN: 9781784522261
Publisher: Panoma Press
Questions
• How do you currently manage the three constants?
• What will you change if you change anything at all?
• Do you have suggestions of what a right type of solution might look like? Jot them down and compare with part two of this book.
CHAPTER 6
Why Flying Has Changed and So Must You
Globalization
Flying has been profoundly affected by the growing globalization of the world economies, so please forgive me if I come across as scholarly in attempting to explain its impact on flying. It is important to have this understanding in order to measure impact and the direction commercial aviation is heading. It is only with this knowledge that we can see how important it is to play for the long term.
Globalization has been described as the process of making the world economies more integrated or more interdependent; with that definition successive waves of globalization started in the 1870s. The second wave started in the post-war world of 1945. The most recent wave, like all the ones before it, led to an increase in the wealth of nations, which in flying terms translates to more people flying, be it for business or pleasure.
Industries and companies can seek markets across borders due to globalization and often do; it is summed up by the phrase “the world is your oyster” or the more appropriate “the world is your marketplace.” The global marketplace expands on this phrase alone as more money and resources (including more travel by air) go into exploring the potential of these marketplaces.
Anything from having eyes and ears on the ground to nominating local representatives to carry out business on a company’s behalf requires some form of movement of people across the globe. The research and development (R&D) industries undertake in order to grow may require the movement of goods and services across borders, again made possible by flying goods and people all around the world.
To date globalization has supported an upward growth trend of the gross domestic product (GDP) of nations around the world. This has sustained and fueled the commercial aviation enterprise for the best part of its history. It continues to play a driving role in the increased numbers of people flying as is demonstrated by the growing powerhouse economies of China, India and the emerging markets.
U.S. President George W. Bush
After curtly telling a reporter that jet lag was to blame for being “off his game,” George W. Bush tried to leave a November 2005 press conference in China through a locked set of doors.
Source : http://content.time.com/time/specials/packages/article/0,28804,1872183_1872185_1872181,00.html
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