Question

What can be done by the government so that the workers can get a fair share of benefits brought by globalisation?

Answer 1

To ensure that workers benefit from globalization, the government must strictly enforce labor laws that guarantee fair salaries, appropriate hours, and permanent job rights. It should give low-cost loans and infrastructure to small domestic industries, preventing labor-intensive cost-cutting measures. Finally, the government must erect strategic trade barriers to preserve vulnerable local jobs and work with other developing countries in the WTO to achieve more equitable global trade laws.