Reference no: EM131087060
1. One of the common complaints against globalization is that it creates sweatshop conditions for workers in poor countries. There have been many examples of poor conditions and/or low wages for such workers producing goods for rich country consumers, in the worst cases, workers have died as a result of working in buildings subject to fires and collapse. In a dispassionate manners, discuss the benefits and costs of sweatshop jobs from the viewpoint of such workers and the societies in which they live.
2. Economic globalization has with a few setbacks, been accelerating for a long time. Describe what you understand by economic globalization and explain whether you think this process will continue to deepen into the future or not and why, in particular, detail your thoughts on which elements, if any of globalization you think will strengthen and which will weaken. What dangers lie in the future which might reverse globalization?
3. Johan Norberg provides a new optimistic picture of globalization in his documentary "globalization is good" What important points does he make about the process? Draw on his case study countries to illustrate your answer. If globalization is such a good thing, then why don't poor countries simply globalize by opening their import and capital markets and enjoy economic development?
4. What are the G8 and the G20? Why do they exist and what good, if any, do you think they might do to current and future economic globalization? In regard to the G8 how have recent geopolitical events in Europe highlighted both the strenths and weaknesses of the group? How might these evnets in Europe have an impact on the future progress of globalisation?
5. The question of how globalization impacts on within-country income inequality remains controversial. it is clearer how globalization affects between-country inequality. how is the later types of inequality measured? discuss how the economic globalization process since 1980 is changing between-country inequality outcomes. Use real world country examples to illustrate your answer.
6. Globalization is creating international business opportunities and risks at an unprecedented level. Since 1980 the international economic context for Australia as a notion has changed enormously. Provide comments on how both opportunities and risks have developed for Australia in international trade and investment from 1980 to now through what we call globalization.
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