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.
简析基础练习对于雅思阅读的重要性
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雅思写作思路抛砖:谁来支付道路建设费用
雅思阅读:摘要填空题的解题指导
剑九雅思阅读 内容实质并无大变化
雅思写作不可照搬四六级写作的思维
攻克雅思阅读中的单词和长句
雅思写作范文:美国成年人整体婚姻状况
雅思阅读:成绩由文章理解和阅读速度决定
雅思写作思路抛砖:私有健康保健机构
雅思阅读如何进行文章精读?
雅思考试阅读环节常用词汇汇总
雅思阅读词汇的记忆策略
雅思阅读高分技巧指导
雅思阅读Ture/False/Not given的解题笔记
如何应对雅思阅读的配对题(matching)
雅思阅读:备考与答题技巧分享
浅析雅思阅读段落配对题的解题方法
如何强化雅思阅读技巧
雅思写作的字数要求是什么?
高效的雅思阅读方法
雅思阅读技巧:会“找”会“挑”
简析基础练习对于雅思阅读的重要性
浅析雅思阅读标题配对题的解题思路
雅思写作8分范文:不同年龄段学生参加学习
雅思写作思路抛砖:健康保健和教育的责任
雅思阅读考察的五种能力
雅思阅读文章的选取规则和出处
雅思阅读Not Given考题中的八大考点
提高雅思阅读成绩的实用策略
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