Fair Globalisation would create opportunities for all and also ensure that the benefits of globalization are better shared. What role can the govt. play in making this possible?
Fair Globalisation would create opportunities for all and also ensure that the benefits of globalization are better shared. What role can the govt. play in making this possible?
The government can work for the cause of fair globalisation in the following manners:
i) By framing policies that protect the interests of not only the rich and powerful but of the sections of society that are likely to bear the negative impacts of globalisation.
ii) It has to ensure that labour laws are properly implemented and workers get their rights.
iii) It has to support small producers to enable them to compete against large manufacturers.
iv) It can use trade and investment barriers and negotiate for fairer rules at the WTO.
v) It can align with other developing countries with similar interests to fight the domination of developed countries
The government can work for the cause of fair globalisation in the following manners:
i) By framing policies that protect the interests of not only the rich and powerful but of the sections of society that are likely to bear the negative impacts of globalisation.
ii) It has to ensure that labour laws are properly implemented and workers get their rights.
iii) It has to support small producers to enable them to compete against large manufacturers.
iv) It can use trade and investment barriers and negotiate for fairer rules at the WTO.
v) It can align with other developing countries with similar interests to fight the domination of developed countries
