Globalization

             Globalization is quickly creating problems between the people with the education, skills, and mobility to succeed in a world market, and those who do not have the skills needed to succeed. There is severe tension arising between the market and broad sectors of society with governments caught up in the middle. The world economy faces a serious problem in ensuring that international trade does not contribute to domestic social disintegration. "Has Globalization Gone Too Far?" by Dani Rodrik takes a close look at the good and bad of globalization. He focuses on three major sources of tension: the transformation of the employment relationship, conflicts between international trade and social norms, and pressures brought to bear on national governments maintaining domestic cohesion and social welfare systems . Dani Rodrik works as Rafiq Hariri Professor of International Political Economy at the Kennedy School, Harvard University. He is also a Research Associate at the National Bureau of Economic Research and the Centre for Economic Policy Research. His work covers Eastern European Trade Policy and Political Economy.
             Labor strikes in France at the end of 1995 sent the country into its worst crisis since 1968. At the same time in The United Sates, there was a prominent republican running a vigorous campaign for presidency on a basis of economic ideas, promising to erect trade barriers and enforce tougher restrictions on immigration. These two developments have one common element: the international integration of markets for goods, services, and capital is forcing societies to change their practices, and because of this, broad segments of societies are protesting. These pressures are in fact tangible.
             Japan is starting to do away with lifetime employment which has been one of their most
             distinctive social institutions. Germany's federal government has begun to fight union opposition to cuts on pension b...

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Globalization. (1969, December 31). In MegaEssays.com. Retrieved 10:18, April 26, 2024, from https://www.megaessays.com/viewpaper/73407.html