Now, all countries usually have access to the same general pool of resources.
Economic globalization usually has two main kinds of detractors. These are what Bhagwarti terms as the ‘hardcore protesters’ and the ‘mainstream critics.’ The hard-core protesters are those who come from different intellectual backgrounds but share one thing in common--extreme dislike for globalization. The mainstream critics, on the other hand, are those who do not advocate globalization but are still open to reasonable discourse. While Bhagwarti believes that the most of their arguments are gigantic non-sequiturs, at least, they are unlike the hardcore protesters who are fixed in their beliefs despite contrary evidence proving otherwise.
Aside from, the author also critiques several projects and policies by the International Monetary Fund (IMF), World Trade Organization (WTO), bilateral aid agencies such as the U.S. Agency for International Development, and trade treaties such as the North American Free Trade Agreement (NAFTA).
Charges made by some international agencies such as the World Bank that globalization is hypocritical, uses double standards, and are responsible for unfair trade, he believes, are not to be taken seriously or in his words, “a little more than rubbish.” International agencies accuse rich countries of protectionism when, in truth, it is the poor countries who have higher forms of protectionism.
Please type your essay title, choose your document type, enter your email and we send you essay samples