Alternatives to Globalization

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Please see response attached, which is also presented below. Also see two highly informative articles on globalization attached. I hope this helps and take care.

RESPONSE:

Interesting questions! Let's take a closer look.

1. What do the opponents of globalization criticize?

A discussion of globalization triggers passionate and at times violent responses; rarely has an economic topic captured the spirit of the public so much (Merk, 2005, from http://www.atimes.com/atimes/Global_Economy/GK12Dj01.html).

First, the opponents of globalization focus their criticism on the role of globalization in homogenizing the world and driving wages and prices to a minimum. (Introduction above)

Second, opponents of globalization focus their criticisms on the adverse effects of trade on environmental quality, such as air and water pollution. However, Frankel and Rose (2004) used cross-country data to show that there is little evidence that openness increases air pollution, holding other things (such as income) constant. They conclude that income, trade, and environmental quality are determined simultaneously (available on-line at http://72.14.209.104/search?q=cache:zOVU60R3tvYJ:ksghome.harvard.edu/~jfrankel/Is_Trade_Good_or_Bad_for_the_Environment.pdf+opponents+of+globalization+criticize&hl=en&ct=clnk&cd=2&gl=ca&client=firefox-a, which is also attached for convenience).

However, other research reported by the opponents of globalization suggests the exact opposite. For example, how vicious a form this can take becomes evident from Italy's offering Guinea Bissau four times its GDP for allowing dumping of nuclear waste. Some developed countries are reportedly planning to dump 29 million tonnes of toxic wastes in 11 African countries. In 1996 Australia alone exported at least 8569 tonnes of hazardous waste and 1.3 million scrap batteries to non-OECD or developing countries. India was the leading destination for waste ...