Creating a Better Future Through Globalization

The term "globalization" is well known in the general vocabulary of 1980. It is used to explain the increase in cross-border people, knowledge, goods and money flows. It brought about an increase in the economic, political, social and cultural interrelationships of the world's population (T. L. Friedman 6-14). Globalization is often considered economic, but this process has many social and political implications. The globalization of today's world by technology has created unprecedented intercultural phenomena.

The aim of economic globalization is to create unlimited economic opportunities through international trade and effectively eliminate opportunities for future war resources. However, the global view of the invisible hands of the market has a negative impact worldwide, which, like the old motto, helps to strengthen globalization. Globalization has brought about children's efforts to ensure constant infringement of the citizens' liberties by sweaters around the world and that countries of the first world can benefit from cheaper shoes.

We are producing wealth, but too many countries and people do not share their interests - globalization does not satisfy them from the eyes of most men and women. Simple and legitimate desire for decent work and a better future their children - at the same time the global communication revolution boosts awareness of these differences LDC trade volumes have increased in the past few years However, the relative proportion of countries in this group in world trade is still very low in some regions, for example, the proportion of exports to the world of Africa in 2005 is only 2.8%, the value in 1991 It was almost equal. Less than half of the 6% peak reached in 1980 (ERA 2007)

Since the establishment of the Second World War, the future of the worldwide trading system has faced more risks and uncertainties. This year is expected to be a deciding factor of trade and the result is the result of the future negotiations of the North Pacific Rim negotiations of the North American Free Trade Agreement (NAFTA), the US-Korea Free Trade Agreement (KORUS) maybe. Partnership (TPP) Coupled with the fate of the World Trade Organization, the global trade system could be compromised in 2018. The cards think that this is a multipurpose villain that hurts the US economy.

The current economic trend is promoting globalization of production. Through World Trade Organization agreements on fair competition in the fields of competition, intellectual property and subsidies some progress has been made in such globalization regulations. Labor is not subject to this limit. Risk is that the underlying competition engages in the use of labor. Destroying the value judgment that may be done on exploitative labor practices, like subsidies and intellectual property rights, brings real economic advantages in formulating labor usage standards.