The Struggle for a Fair Globalisation


 
 
Concept Explanation
 

The Struggle for a Fair Globalisation

The Struggle For A Fair Globalisation: People with education, skill and wealth have made the best use of the new opportunitics due to globalisation. To make it more 'fair', it should ensure that the benefits of globalisation are shared better and government policies must protect the interests of all the people in the country. For instance, the government can ensure that labour laws are properly implemented and the workers get their rights. It can support small producers to improve their performance till the time they become strong enough to compete. If necessary the government can use trade and investment barriers.

Government and WTO: Government can negotiate with the WTO for 'fairer rules'. It can also align with other developing countries with similar interests to fight against the authority of developed countries in the WTO. In the past few years, massive campaigns and representations by people's organisations have influenced important decisions relating to trade and investments at the WTO. This has demonstrated that people also can play an important role in the struggle for fair globalisation.

Globalisation is the process of rapid integration of countries. This is happening through greater foreign trade and foreign investment. MNCS are playing a major role in the globalisation process. Technology, particularly IT, has played a big role in organising production liberalisation of trade and investment has facilitated globalisation by removing barriers imposed earlier. WTO has put pressure on developing countries to liberalise trade and investment. Fair globalisation would create better opportunities and share for all.

WTO - World Trade Organisation is The Initiative of developed countries to Liberalise international trade among Various countries . In order to make Globalisation more fair , it should ensure that the Benefits of globalisation are shared better and government policies must protect the Interest of all the people in a Country . 

 
 


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