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.
经典少儿英语歌曲大全:五只小猴子
少儿英语儿歌识动物:松鼠
经典少儿英语歌曲大全:做个蛋糕
迪斯尼最爱儿歌系列歌词:是一个小世界
迪斯尼最爱儿歌系列歌词:我的桶有个洞
好听的英文儿童歌曲大全:Ten fat sausages
迪斯尼最爱儿歌系列歌词:老丹. 塔克
经典少儿英语歌曲大全:小金鱼
经典少儿英语歌曲大全:小兔彼得
儿童经典英文歌曲排行榜:扫把歌
儿童经典英文歌曲排行榜:这是什么?
经典少儿英语歌曲大全:Little Goldfish
经典少儿英语歌曲大全:Animal Friends
经典少儿英语歌曲大全:Changing Seasons
经典少儿英语歌曲大全
少儿英语儿歌识动物:布谷鸟
【视频】少儿英语儿歌识动物:我们是快乐的小蜜蜂
【视频】少儿英语儿歌识动物:小金鱼
好好听的英文儿童歌曲大全:FIVE FAT TURKEYS
经典少儿英语歌曲大全:砰,追逐鼹鼠!
【视频】少儿英语儿歌识动物:稀奇,真稀奇
经典少儿英语歌曲大全:森林中的小木屋
经典少儿英语歌曲大全:天气怎么样?
迪斯尼最爱儿歌系列歌词:你是我的阳光
迪斯尼最爱儿歌系列歌词
经典少儿英语歌曲大全:我爱我的小猫咪
少儿英语儿歌识动物:小臭鼬的窝
【视频】少儿英语儿歌识动物:给我买只小花猫
经典少儿英语歌曲大全:滚动那个球
经典少儿英语歌曲大全:让每一个人拍手
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