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Placing severe economic and psychological stains

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Reference no: EM131736103

Agree or Disgree and why?

  • Globalization can be positive force, but its purpose is being challenged architecture must be reformed. The world is now at an inflection point. Political institutions that fail to adapt might be the last bastion of Jurassic irrelevance as a ngry voters no longer satisfied with the status quo or empty political rhetoric rise up and demand change at almost any cost.
  • Support for global trade agreements is being stifled by a thick web of policy concerns, including exotic currency interventions, treaties and bureaucratic administrative bodies that distort the free market balance of commercial interest in almost all circumstances
  • Creative dispution generated by rising technology has impacted virtually all legacy business and industries. Information mostly free and available to all and most goods and services are being provided faster, cheaper, and better. While this is beneficial to the macro-economy in the long run, creative dispution is placing severe economic and psychological stains on millions of workers in low- skilled industries in the short run.

Reference no: EM131736103

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