Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
Features of globalization
Accelerated spread of communication
Rising power of multinational enterprises
Eliminating differences between distinctive cultures and
identities
Increasing amounts of cross border trade
Development of international bodies
Improvement in ICT
Rising power of MNEs and growing inequality
(Peng and
Globalization debates
1. Jobs and income
Proponents-1.Free trade prompts countries to
specialize in what they are best at and import
the other items. This results in the whole
economy being better off in terms of able to
increase real consumer income.
2. free trade results in greater
job opportunities because now the economy
will be producing to satisfy its domestic and
foreign customers.
3. Top management jobs are paid
more and are in demand even during a
recession
Critics-1.Low skilled jobs command lower
salaries
2. Low skilled jobs are more
vulnerable to international competition
2. Labour policies and the environment
Proponents-1.Environmental regulations and
labour standards will improve with the
economic progress resulting from
globalization
Critics-1. Free trade encourages companies
from developed nations to enter developing
nations which have poor environmental and
labour regulations. Thus, developed nations
may exploit the environment and labour of
developing nations.
3. Shifts in Economic power
Proponents-1.The international bodies formed
as a result of globalization would promote the
collective interests of members.
(institutions)
( survival)
-