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Saturday, April 28, 2007
Article "As Globalisation’s Benefits Grow, So Do Its Skeptics" by David Wessel
Taken from http://yaleglobal.yale.edu/display.article?id=9005
REFLECTIONS
This article highlights the increased foreign relations of each country, and with it comes trade and its importance. The need to sustain this peace among countries is now greatly felt by most countries, examples from the article being the fact that Europe formed the European Union (EU) to prevent any more warfare on its continent, and US pursued trade in a bid to rid themselves of Russian influence during the Cold War.
Globalisation has opened up countries, introduced trade and made trade a fundamental necessity for economic growth and strong foreign relations. With the growth of trade come higher employment rates, higher living standards and a widening gap between the rich and poor, the capable and the less-skilled. As benefits coming from globalisation increase, more people are becoming skeptical towards this whole ideal of globalisation-where everything is now practiced at international level and everything, from trade to economy to the welfare of the people, is supposed to grow. Governments of many countries have long used globalisation as an excuse to ensure peace in their country, as a means to end wars. Take for example, how the USA ended the Cold War. Former President Bill Clinton ensured the former Soviet Union that the North America Free Trade Agreement will bring job opportunities to the people, and improve the economies both ways. This is not the case.
Though the governments are enjoying the various benefits of globalisation, increased employment of the people, improved foreign ties, prospering economy and a way to set the country rolling for rapid growth, those people not being able to upgrade themselves, lacking in capabilities are suffering. Also, a distinct gap between the rich and the poor has formed itself; while the rich are getting richer, the poor is forced further down into the trench and possessing no opportunity of self-salvation. Just imagine the rich using the poor as tools for them to get out of the trench, the rich being the government and large companies, monopolies, while the poor being the lower-skilled and older workers. Did the government ever stopped to consider the poor, or is globalisation just progressing too fast for anyone to take note of the poor and lower-skilled?
Like removing a veil from it, the cons of globalisation are finally uncovered and the effects felt. People are finally experiencing the inequality of globalisation, but what can the government do about it? To the government, the welfare of the country’s development is obviously more significant than the welfare of the poor. Without the latter, maybe globalisation may carry on without a hitch and the government can finally breathe easy.
Political Expert,
Vanessa.Labels: globalisation, politics
Globalised @ 7:49 PM
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