About globalization

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categorie: Engleza

nota: 8.79

nivel: Facultate

About globalization
Taking into account that the most of the World Bank’s projects are financed by the United States, we can see why some of the European countries are against globalization. And this is because the loans are given only after they are convinced that you correspond to some high standards, like applying projects at macroeconomic level, which would give USA a great hint: [...]
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About globalization
Taking into account that the most of the World Bank’s projects are financed by the United States, we can see why some of the European countries are against globalization. And this is because the loans are given only after they are convinced that you correspond to some high standards, like applying projects at macroeconomic level, which would give USA a great hint: new markets for the States, while the Europeans wouldn’t have access to some US markets.

About globalization
And then another problem: euro would go down in value too much in comparison with the American dollar.
Globalization could also mean monopoly, control of the whole world, which would destroy the fragile echilibrium. Everything is about politics, applied politics and interests of different countries in the world.

About globalization
According to a report, written yearly, while more people in its client countries are healthier, better fed and more educated than ever before, progress is uneven among countries, and much more needs to be done. Increasing its development effectiveness lies at the heart of the Bank’s renewal.

It looks like not all agree with this: some of the projects, applied in different countries, projects which were supposed to modify the whole economy structure, were not good at all, they led to questions about the capacity of the World Bank to help other countries, and in such situations, and the globalization would be a great disaster.
There are important and solids arguments pro and against globalization, but only time can judge better than we do.
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