indago
VIP Member
- Oct 27, 2007
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From The Associated Press 20 January 2017:
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Uncertainty over whether Trump's presidency will mark the end of globalization dominated discussions all week at an event synonymous with international business. ...it's evident that globalization — the commitment to trade internationally and to lower barriers to doing business around the world — is under threat like no other time in decades.
The main allegations are that it has increased inequalities in wealth, eroded job security for middle and lower-income families in developed countries, and kept a lid on wages as businesses seek low-cost workers in poorer countries.
...Globalization has helped lift hundreds of millions to escape poverty over the past few decades. Populous countries like China and India have enjoyed phenomenal growth, improved standards of living, life expectancy, literacy and employment rates.
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article
The imbalance produced by globalization between disparate economic systems is evident within the article.
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Uncertainty over whether Trump's presidency will mark the end of globalization dominated discussions all week at an event synonymous with international business. ...it's evident that globalization — the commitment to trade internationally and to lower barriers to doing business around the world — is under threat like no other time in decades.
The main allegations are that it has increased inequalities in wealth, eroded job security for middle and lower-income families in developed countries, and kept a lid on wages as businesses seek low-cost workers in poorer countries.
...Globalization has helped lift hundreds of millions to escape poverty over the past few decades. Populous countries like China and India have enjoyed phenomenal growth, improved standards of living, life expectancy, literacy and employment rates.
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article
The imbalance produced by globalization between disparate economic systems is evident within the article.
