How to promote fair globalization

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Reference no: EM133241881

Assignment:

Which of the five listed ideas of Stiglitz about how to promote fair globalization (that means - the promotion of a sustainable economic and social development beneficial and accessible to everyone) do you agree with? Explain your answer and give a specific example of a failure of globalization in the Philippines which may be addressed if that idea of Stiglitz will be adopted.

5 ideas:

1. Rewrite the rules of international trade not guided by self-interest but by moral values

2. Knowledge should be a public good

3. Observance of the rule of law and the pressure of civil society to help make fair globalization

4. Each country should pursue its own economic model, there being varied economic models and varied forms of capitalism

5. Pay attention to the cultures of other countries

Reference no: EM133241881

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