The developing countries should raise their voice for fairer share in globalization. Evaluate the given statement.
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Globalization helps developing countries to deal with rest of the world increase their economic growth.
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Developing Countries should raise their voices for a fairer share in globalisation as one of the major manufacturers of all the trade production of the global trade.
- The developing countries do not get a better end in globalization. They are used as producing hubs for products that are later sold to them at a very higher price.
- Places with cheap labour such as India, Bangladesh, China, the Philippines, etc are developing countries that produce the majority of the products sold by the developed countries like the USA, Canada, Australia, etc.
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