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Scooped by Seth Dixon onto Geography Education |
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On July 2, 1962 -- 50 years ago today -- Sam Walton opened the very first Walmart store in Rogers, Arkansas.
The Walmart business model has profoundly reshaped the economic paradigm of retail these has 50 years. Walmart is commonly cited as a business that exemplifies the processes of globalization. How has Walmart reshaped aspects of society such as industrial production, environmental standards, labor, urban shopping locations, the outsourcing of manufacturing and consumption?
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China wants a railroad linking it to Thailand and on to the Bay of Bengal in Myanmar, but some international groups warn that it may put a big burden on Laos.
Seth Dixon's insight:
Economic analyst noted in this article, “Southeast Asia is geostrategically and economically important to China, an increasingly important partner from both the trade and investment perspectives.” As China expands its influence, the benefits will probably be one-sided for rural, less developed neighbors such as Laos. 
Danielle Boucher's curator insight,
May 5, 8:10 PM
An interesting look at how one country can use another for self gains. China is planning to build a railroad that would connect it to major trading partners in Southern Asia. This would not be so bad if they were not using a nearby country as gateway to these major cities. Delete the scoop?
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