Question

suggest three ways to get fair globalisation

Answer 1

Fair globalization would create opportunities for all and also ensure that the benefits of globalization are shared better.  The government can play a major role in making this possible:Government policies must protect the interests, not only of the rich and powerful but all the people in the country.  For eg. The government can ensure that thee 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.It can negotiate at the WTO for fairer rules.It can also align with other developing countries with similar interest to fight against the domination of developed countries in the WTO.Increase the people’s awareness about globalization, WTO, labour laws, etc so that they can participate in campaigns and make representations.

Answer 2

Answer:

1. By supporting small producers to improve their performance  till the time they become strong enough to face the competition with MNCs.

2. By ensuring that the labour laws of the country are followed to protect the workers from exploitation.

3. The government can make policies which must protect the interests for  all the people in the country.

Explanation:

• Globalisation implies the integration of the domestic economy with the world economy .
• The integration can be done through trade, capital and technology flows.

• It  describes how trade and technology have made the world into a more connected and interdependent place.