Final question Assignment Example | Topics and Well Written Essays - 750 words

Final question - Assignment Example This has led to a situation where no one is taking care of the workers because of poor labor standards. In addition, the environment is least cared for. These can be corrected by forming powerful unions that advocate for the rights of workers. In addition, international laws on issues such as environment need to be adopted by all countries to avoid further environmental degradation. Thirdly, globalization has led to the increase in arms trade thereby increasing conflicts. To avoid this, governments need to check their military budgets and allocate more resources to other key sectors of the economy. In addition, enforcing international rules on arms trade can help prevent the excessive movement of arms. Finally, economic globalization gives rise to complex trade rules that limit trade between countries. Such complexities can be avoided if countries formulate rules that enhance equity and fairness. Although globalization promises benefits to all countries, economic inequality is however causing the opposite. Countries that are economically sound continue to exploit the poor countries, thereby creating unbalanced development. Globalization has worsened the issue of inequality in the sense that powerful countries have formulated laws that limit the ability of other countries to predicate in global economic activities. For instance, it has been argued by Jennifer Olmsted (2007) that countries such as Iraq and Palestine have been denied the right to take part in the globalization economy due to sanctions and international policies. Powerful countries continue to exploit poor nations, thereby making the rift bigger. Due to inequality, people from poor nations are engaging less in productive activities; suffer high mortality rates and the rates of illiteracy increase. This in turn shapes globalization by limiting the ability of these people to engage in globalization activities. The solution to this is