Looking back on globalization

  • Dissolution of the soviet union

    Dissolution of the soviet union
    This declaration acknowledged the independence of all fifteen republics of the Soviet Union following the creation of the Commonwealth of Independent States. The dissolution of the world's first and largest Communist state also marked an end to the Cold War
  • Period: to

    Timeline of globalization

  • Fall of the Berlin wall

    Fall of the Berlin wall
    After several weeks of civil unrest, the East German government announced on 9 November 1989 that all GDR citizens could visit West Germany and West Berlin. Over the next few weeks, a euphoric public and souvenir hunters chipped away parts of the wall.
  • change in india economy

    change in india economy
    The economic crisis was primarily due to the large and growing fiscal imbalances over the 1980s. During mid eighties, India started having balance of payments problems. Precipitated by the Gulf War, India’s oil import bill swelled, exports slumped, credit dried up and investors took their money out.
  • First website created

    First website created
    It provided an explanation of what the World Wide Web was, and how one could use a browser and set up a web server.
  • Fisrt sms text message

    Fisrt sms text message
    was sent over a Vodafone Gsm network in United Kingdom from neil papworth of sema group
  • Netscape goes public

    Netscape goes public
    Netscape publicly released the source code of Netscape Communicator 4.0 in the hopes that it would become a popular open source project
  • Y2K

    The Year 2000 problem was a problem for both digital and non-digital documentation and data storage situations which resulted from the practice of abbreviating a four-digit year to two digits.
  • 9/11

    were a series of four coordinated suicide attacks upon the United States in New York City and the Washington, D.C. areas on September 11, 2001.
  • China joins WTO

    China joins WTO
    The admission of China to the WTO was preceded by a lengthy process of negotiations and required significant changes to the Chinese economy. It also meant a deeper integration of China into the world economy.
  • Operation iraqi freedom

    Operation iraqi freedom
    with the immediate stated goal of removing Saddam Hussein’s regime and destroying its ability to use weapons of mass destruction or to make them available to terrorists.
  • Facebook Created

    Facebook Created
    Created by Mark Zuckerberg as a sophmore with his college roomates at Harvard University
  • Youtube Created

    Youtube Created
    The first YouTube video was entitled Me at the zoo, and shows co-founder Jawed Karim at the San Diego Zoo.The video was uploaded on April 23, 2005, and can still be viewed on the site.
  • Twitter Created

    Twitter Created
    Since its launch, Twitter has become one of the ten most visited websites on the Internet, and has been described as "the SMS of the Internet."
  • Walmart becomes largest retailer

    Walmart becomes largest retailer
    in 2010 becomes largest reatiler accounting for 258$ billion for total sales
  • The arab spring

    The arab spring
    is a revolutionary wave of demonstrations, protests, and wars occurring in the Arab world that began on 18 December 2010.
  • Completion of an around the world Fibre optic cable

    Completion of an around the world Fibre optic cable
    is a 28,000-kilometer-long submarine communications cable containing optical fiber that connects the United Kingdom, Japan, and many places in between. The cable is operated by India's Flag Telecom, a fully owned subsidiary of Reliance Communications. The system runs from the eastern coast of North America to Japan. Its Europe-Asia segment is the fourth longest cable in the world. The Europe-Asia segment was laid in the mid-1990s and was the subject of an extensive article in Wired magazine.