Unit 49 One World, One Economy The trends toward globalization began in earnest in the 1970s when the system of fixed exchange rates, set up after WW II, was disrupted. This meant that the value of currencies would now be determined by the markets instead of individual governments. Over the next two decades, countries slowly began to remove their exchange controls. By 1990, nearly all major economies had got rid of restrictions on how much money could be moved in and out their countries. Other factors contributing to the rise of globalization are new communications technologies, and better transportation systems. These have enabled companies to grow into multinationals -- producing goods on one side of the planet and selling them on the other. Lower costs have also helped -- the price of telephone calls, for instance, is cheaper now than at any time in history. But adjusting to this "economic order" is proving difficult. In the developed world globalization is facing widespread public resistance. Critics complain that, without the protection of trade barriers, jobs are being lost to workers in poorer countries, and wages for employees in rich counties are stagnant, except for a privileged few. Opponents of globalization also point to its effects on the workers in poorer countries. They agree that multinationals may be helping to reduce unemployment in the developing world, but they argue that the jobs are hardly worth having since they are low paid and exploitative.Those in favor of globalization accuse their critics of being shortsighted protectionists. They claim a more integrated global economy will ultimately benefit everyone because it will enable countries to specialize in those areas where they perform lest. Developing countries, with their higher populations and lower wages, will concentrate on labor-intensive industries, such as raw materials and manufacturing, in much the same way as Western countries did during the industrial revolution. The ricer countries, on the other hand, will diversify into hi-tech industry. The effect of this, say supporters, will be to improve productivity in all countries, leading to higher living standards. The free movement of capital will also help poorer countries to develop so they can play a full and active role in the world economy. Even supporters of globalization acknowledge, however, that there will be losers. At present, those suffering most are people working in labor-intensive industries in the developed world. Without the protection of trade barriers and the welfare states, their chances of improving their skills and living standards will disappear, resulting in a growing divide between rich and poor. But how close are we to a truly global economy? For the losers, probably too close. But in terms of real economic integration, there is still a long way to go. What is really holding globalization back is the lack of labor mobility. Labor markets remain overwhelmingly national, even in areas like the European Union, where citizens live and work in any EU country. The main reasons for this are language and cultural barriers; the lack of internationally-recognized qualifications; and, in some areas, strict immigration controls.
12月英语四级写作练习及范文(12)
备考12月英语四级写作常用词替换整理
12月英语四级作文模板:原因型作文
大学英语四级考试写作必备佳句(三)
大学英语四级考试写作必备佳句(九)
英语四级作文预测及范文:考公务员
12月英语四级考试写作亮点句型(17)
12月英语四级考试写作亮点句型(12)
12月英语四级作文话题预测及范文:大学讲座
12月英语四级作文话题预测及范文(2)
12月英语四六级写作高分词汇总结
12月英语四级写作练习及范文(3)
12月英语四级写作练习及范文(2)
12月英语四级考前密押作文30篇之三
12月英语四级备考:写作复习九要素
12月英语四级作文模板:图表式作文
12月英语四级作文模板:作文锦囊28篇之二
12月英语四级备考:议论文常考类型
英语四级高分作文:常用高频句式总结(11)
大学英语四级考试写作必备佳句(十)
大学英语四级考试写作必备佳句(七)
12月英语四级写作练习及范文(7)
12月英语四级作文模板:展现问题篇
12月英语四级作文范文:电影和电视对公众的影响力
12月英语四级作文话题预测范文:Blog
12月英语四级写作练习及范文(4)
12月英语四级作文模板:作文锦囊28篇之一
大学英语四级考试写作必备佳句(五)
12月英语四级作文模板:辩论式议论文
12月英语四级写作练习及范文(14)
不限 |
英语教案 |
英语课件 |
英语试题 |
不限 |
不限 |
上册 |
下册 |
不限 |