Reference no: EM13214748
According to the Center for Strategic and International Studies:
Despite the tremendous economic strides made during our current era of globalization, our world is split largely between those who have benefited greatly from globalization and those who have not (many of whom have actually been hurt by it). This challenge will hover over the globalization debate in the years to come, and thus will require a serious re-examination of the global economic system in order to spread its benefits more broadly.
This passage indicates that this challenge will "hover... for years". However we may not have time to wait on this. Therefore, you, the leading global policy expert in this area, have just been asked to give an interview on the national network news show, "Solutions to Challenges," where you will be asked to address this issue and formulate concrete solutions for the global community.
The host of the program has been kind enough to give you a few questions that she has identified to be crucial in this area. So perhaps it would be prudent for you to critically assess this issue by addressing these questions:
What are some of the gains from economic integration and globalization which serve to justify the continuance of these trends?
What are some of the key problems that are generated from the widening gap between the "haves" and the "have-nots" of the world?
How should a "serious examination of the global economic system" address these problems?
One more thing. Immediately after your interview, the network will air its weekly installment of the program, "Questions, but no Answers," on which four extremely grumpy analysts on a panel will attempt to tear apart every point that you just made. Therefore, in order to preempt them, in your answer (especially #3) you should:
Clearly lay out a step-by-step explanation of your position.
Not only give your position but note how you reached this position. (Being able to support one's position is very important in this setting.)
Clearly understand the arguments on the "other side" of your chosen point of view. Needless to say, if you understand the other side, you will be better able to point out why your view is better. You may even want to include such statements as: "Even if "X" is true, I believe that we should still do "Y" because..."
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: 20-Aug: Issued a $50,000 note to Harris Motors for the purchase of a $50,000 delivery truck. The note is due in 180 days and carries a 12% interest rate. 10-Sep: Purchased merchandise from Pans Enterprises in the amount of $15,000.
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: LONE PINE COMPANY Statement of Income and Retained Earnings For the Year Ending December 31,20X2 ($000 Omitted) Net Sales* $36,000 Less: Cost of Goods Sold $20,000 Selling Expense 6,000 Administrative Expense 4,000 Interest Expense 400
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