Abstracts » Retail industry

Globalisation, and other bugbears of our time

Article Abstract:

It has become increasingly common for economists to take a negative view of globalisation, stating that competition from the Third World has damaged traditional industries in developed countries. They have been calling for a protectionist approach, under which bans or punitive tariffs would be imposed on cheap imports of manufactured goods. However, there is no real evidence to prove that these imports have in fact had a damaging effect on manufacturing industries in developed countries. Indeed, most developed countries trade mainly with each other and have a trade surplus in manufactured goods with the developing world.

Manufacturing industry, Manufacturing industries, International trade

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How globalisation has improved governments

Article Abstract:

It is wrong to argue that globalization has scaled down the powers of governments. Indeed, it is likely that globalization is making governments more significant than ever. As economies have become wealthier, they have tended to establish larger, not smaller, governments.

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The globalisation protesters are utterly wrong

Article Abstract:

Globalization which is well managed and based on technology offers great potential for boosting wealth and sharing it more evenly. Those who oppose globalization overlook the fact that some things have been improving and do not have a positive agenda.

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