Among the world population of roughly seven billions,
there’re still four billions of people lack of food and water, starving
everyday. While rich developed
countries hold the majority of world wealth, it is time to think of how
globalization as a trend should play its role in this uneven world. Rather than political collusion and
corruption perceived by anti-globalization protectionists, globalization per se
could be of sheer cooperation and collaboration on a global level,
cross-border, cross-culture, cross-religion, and cross economy.
It’s clear that more and more developing or the newly
industrialized countries are embracing for the merits of global trade. Following BRIC (Brazil, Russian, India, and
China) is NEXT ELEVEN (Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria,
Pakistan, Philippines, South Korea, Turkey, and Vietnam). Not only these countries start to taste the
fruits of capitalism, but also to position themselves in an international stage
better than ever before. We will be
seeing a growing number of economic evolutions for other countries following
their predecessors’ steps.
The trade should be more free.
Everything has its pros and cons. It’s
important to think positively and optimistically that emerging is a global
broader market, which is full of opportunities, instead of worrying about wage
decrease, or even temporary loss of jobs.
The surging exports of coal to China have actually pushed up wages and
have led to more job creations for U.S. miners as well as port and rail
workers. According to the recent survey, commissioned by the German Marshall
Fund of the U.S., forty-six percent of Europeans down from fifty percent in
2005 believe free trade costs jobs than it creates, while fifty-seven percent
of Americans said free trade costs more jobs, up from fifty-one percent.
Europeans seem have become slightly more open than Americans. Do not blame for
free economics, given that the economy is in its stagflation. The ways to
tackle it are sound policies for long-term growth, reduced abusive lending,
proper credit management, and stringent spending control. It’s not healthy to
wage up protectionism, which sharply reduces work and investment incentives,
worsening the situation. It is like going backward whereas others progress.
Trade liberation and economic freedom are vital and should be preserved to
stimulate one country’s economy.
Looking overseas to offset weak spending at home. One Chinese’s proverb: teach them how to
fish, rather than giving them fish.
Governments should educate, train, and assist entrepreneurs to carry
their visions and ambitions across the globe, not to limit competition,
constraining their abilities.
As global economic liberty expands, we all will be
better off with more economic development and larger economics of scale. "Globalization is Making the World a
Better Place. It is one of the most powerful and positive forces ever to have
arisen in the history of mankind", said Guy Sorman, a French
journalist. The richer developed
countries are responsible and can help African countries export more of their
cottons by buying more, and lowering the tariff barriers and domestic
subsidies. Today’s loss will be
tomorrow’s gains. Appropriate allocation of world health will lead us to a
better tomorrow. As the lives of those
developing countries are getting better, they will buy more from you.