Countries with well-established infrastructure and productive capacities have more competitive industries.
Many critics have also pointed out that globalization has negative effects on the environment. Thus, the massive development of transport that has been the basis of globalization is also responsible for serious environmental problems such as greenhouse gas emissions, global warming or air pollution.
Through globalization different companies starts their business in different countries.As a result they need workers to run their business.For this reason,they employed people.Thus,a number of people got their employment and find a way of income.Therefore,globalization creates empioyment and income of lots of people
Recent articles on globalization and its impact on the economy and society include "The Globalization Paradox: How Globalization is Affecting Income Inequality" by The Economist, "Globalization and Its Discontents: Challenges and Opportunities for Developing Countries" by The World Bank, and "The Social Impact of Globalization: A Critical Perspective" by The Journal of Economic Perspectives.
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Countries with well-established infrastructure and productive capacities have more competitive industries.
Countries with well-established infrastructure and productive capacities have more competitive industries.
Many critics have also pointed out that globalization has negative effects on the environment. Thus, the massive development of transport that has been the basis of globalization is also responsible for serious environmental problems such as greenhouse gas emissions, global warming or air pollution.
Globalization is currently at a point where advancements in technology and transportation have made it easier for countries to connect and trade on a global scale. However, there is also increasing discussion and debate around issues such as income inequality, environmental impact, and national sovereignty as a result of globalization.
the income gap between rich and poor countries has widened. -apex!
Oil revenues. Qatar is amongst the coutries with the highest average per capita income.
As the poor countries people wont suk the rich countries unit anymore
Globalization and increasing interdependence can pose risks to the global economy by creating vulnerabilities to economic shocks and crises that can spread quickly across countries. This interconnectedness can lead to contagion effects, where problems in one part of the world can rapidly affect others. Additionally, unequal distribution of benefits from globalization can exacerbate income inequality and social tensions, potentially leading to political instability.
The most recent period of globalization increased global GDP while also leading to increased interconnectedness among countries, facilitated by advancements in technology and communication. However, it also accentuated income inequality, as the benefits of globalization were not evenly distributed.
Through globalization different companies starts their business in different countries.As a result they need workers to run their business.For this reason,they employed people.Thus,a number of people got their employment and find a way of income.Therefore,globalization creates empioyment and income of lots of people
Recent articles on globalization and its impact on the economy and society include "The Globalization Paradox: How Globalization is Affecting Income Inequality" by The Economist, "Globalization and Its Discontents: Challenges and Opportunities for Developing Countries" by The World Bank, and "The Social Impact of Globalization: A Critical Perspective" by The Journal of Economic Perspectives.
Thomas Harjes has written Globalization and income inequality.