how can the government ensure that globalisation is fair and its benefit and shared in a better way by all
Answers
The government can ensure that there fair globalization by :
a) Negotiating with WTO for fairer rules
b) Protecting the interest of both rich and poor people through policies which are fair in all means.
c) Joining with other developing countries and fighting against the developed countries for fair policies and their domination.
d) Framing labour laws that are fair and that they get their benefits without any difficulty
e) Using the government’s trade and investment barriers, the government can help the small producers to become strong.
f) They can also support the small producers to compete with the large producers.
g) All the barriers with regard to investment should be removed for more trade to happen
1. The Government can adopt policies to protect the interests of the rich as well as the poor people in the country. It can ensure that the workers get their rights and the labour laws are implemented properly.
2. It can support small producers and help them to improve their performance till they become strong enough to face competition with others. The government can impose trade and investment barriers if necessary.
3. It can negotiate at the World Trade Organisation for ‘fairer rules’. It can also join hands with other developing countries with similar interests to overcome the domination of developed countries in the WTO.