It is a procedure for negotiating the rules
Globalization in essence is companies and governments climbing onto the world stage and interacting internationally.
Globalization has helped some, but it has also hurt a lot, specifically through:
- Making the rich richer
- Removing trade barriers only for new ones to rise (VAT taxes, etc.)
- Increased trade deficits with many jobs leaving their developed nations for less developed ones (U.S. manufacturing to China, etc.)
- Developed country job pay cuts
- MNC's leaving countries and exploiting international tax havens
- MNC's overseeing bad work conditions in countries with less regulations
- MNC's influencing international politics
- Exploitation of labor
- Social welfare schemes
Et cetera, et cetera...
All the problems we hear about with companies leaving their countries and stranding thousands if not millions of people without jobs, and labor issues in other countries all stem from globalization. So we need to decide if the benefits outweigh the costs here or not...
Answer:
The lack of formal economic opportunities, high rates of malnutrition, illness, poor education and legacy of entrenched political conflicts and instability
Explanation:
The lack of formal economic opportunities(lack of resources to fund the opportunities), combined with the legacy of entrenched political conflicts and instability, as well as high rates of malnutrition, illness(Malaria, Yellow Fever..), and poor education(Kids don't have access to normal studies most of the time and if they do the material is outdated) , make the DR Congo one of the hardest places on earth to raise a family.
