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Globalization claims to have improved countries’ global status. However, companies attempting to compete globally have exploited workers, and global competition has been achieved through poor working conditions. Furthermore, due to global influences, juvenile crimes have increased because of the disruption of traditional norms. [34]
Trump has likened tariffs to creating a protective “ring around the U.S. economy,” believing they could bring jobs back to communities hurt by globalization.
Critics have asserted that people from poor and developing countries have been relatively accepting and supportive of globalization while the strongest opposition to globalization has come from activists, unions, and NGOs in wealthier developed countries. Alan Shipman, author of "The Globalization Myth" accuses the anti-globalization movement ...
Globalization is beneficial under the condition that the economic management operated by national government and the example is East Asian countries. Those countries (especially South Korea and Taiwan) were based on exports through which they were able to close technological, capital and knowledge gaps.
These include: Improving inputs and sharing processes for critical information, including data and plans to broaden the ownership of decisions and build trust, improving coordination ...
As a response to globalization, some countries have embraced isolationist policies. For example, the North Korean government makes it very difficult for foreigners to enter the country and strictly monitors their activities when they do. Aid workers are subject to considerable scrutiny and excluded from places and regions the government does ...
Globalization has largely displaced the North–South divide as the theoretical underpinning of the development efforts of international institutions such as the IMF, World Bank, WTO, and various United Nations affiliated agencies, though these groups differ in their perceptions of the relationship between globalization and inequality. [8]
In the post-World War II period, states sacrificed globalization while embracing democracy at home and national autonomy. [7] The trilemma suggests that the backlash against globalization in the last few decades is rooted in a desire to reclaim democracy and national autonomy, even if it undermines economic integration. [ 7 ]