Globalization has increase the child labour and slavery in the countries
Justify the statement.
Answers
Globalization and child labor interact in two basic ways. First, globalization may increase the employment and earnings opportunities available to poor households in developing countries.
Changes in local labor markets from globalization may increase or decrease child labor. Second, globalization increases the influence of rich countries in the domestic policies of the developing world.
Globalization can enhance employment and earnings in developing countries because of inflows of foreign investment or increases in the value of a developing country’s export products.
When a country opens to international markets, foreign investment often (but not always) enters the country. This leads to increases in the demand for local labor and hence higher wages. In addition, many of today's developing countries have comparative advantage in agriculture, and integration into international markets may increase the price of the export product to international levels. Thus, trade liberalization may increase employment and wages in these Agricultural export sectors.
These changes in developing country labor markets stemming from globalization could increase child labor. Increased earning opportunities may increase the demand for child labor and the wages paid to children. Indirectly, increased earnings opportunities to parents may change the types of work performed by parents. Children may be forced to take over some of the activities usually performed by adults within their household.
Alternatively, globalization induced improvements in earnings opportunities can reduce child Labor. If poverty drives child labor, children work either for the income from work or because they cannot afford school fees. When one child makes more as a result of globalization, other children may be able to stop working and attend school. Moreover, increased parental earnings may help parents reduce the work that children perform. Parents can buy substitutes for goods previously produced by children, or they can use their increased income to substitute for the money previously earned by children. Hence, globalization can help parents in poor countries stop child labor without foreign intervention.
Of course, critics of globalization question whether globalization increases the earnings opportunities of residents in poorer countries. Globalization increases a country’s exposure to foreign competition. This may force inefficient firms in import-competing industries out of business. Regardless of the long-term benefits of this reallocation of resources, in the short term, these adjustments may create difficulty for some households with children.
Answer:
globalisation is affected in India like globalisation is advantages and disadvantages
advantages
it provides variety of
goods
it's break international technology in a country
it create job opportunities
it provide international standard codes in local market
disadvantages
it opens local market for international companies which destroy local product
it reduce job opportunities for educated and unskilled people
it's reduce the quality of agriculture product by using chemicals and fertilizers