In Defense Of Globalization

He is of the opinion that globalisation always got raw pile from uninformed student s activists and governments only permit the weakest and lamest of defenses and thus he engaged himself to take up the cause of promotion of globalization by himselfFurther he points out the major accusation against globalization is engagement of child labor . But he is of the prospect that countries can able to integrate in to world economic system through seeing more children at school and less(prenominal) at work . He uses the Vietnamese rice husbandry as pointed out by a Dartmouth University study as an illustration to support his view Thus Vietnam was able to put up more funds to education by lifting its rice trade in in 1993 which doubled its income and thus resulted in more income to farmers who engage the same for their children s higher educationHis main findings on globalization are summarized here : Globalization does not inflict poverty to illuminance countries . On contrary , they provide better job opportunities to the farmers and downhearted laborers . WTO offers dispute settlement mechanism which allows member countries to redress their grievances peacefully their by avoiding coercion .

He refutes the allegation that globalization undermines work and environmental standards . He visualizes more enhanced role for women in the global economy . He besides expects that trade loosening will result in capital inflows . He is of the throw away view about the inclusion of! intellectual property rights in trade agreementsThus Bhagawati proves through the empirical evidence that poor naive realism policy outlook in regions such as eastward Asia and Latin America are the focal reasons of their financial lunacy and not because of the free trade policy . He besides recognizes the malevolence often associated with globalization such as hegemonic attitudes of economic powers , poor governance , ignorance and deceitful double standards in international...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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