Answer:
(i)
No, the globalisation cannot be said to be fair.
Although, it has many advantages,
still, there are many problems that it faces.
(ii) (a) Not everyone has benefits from globalisation.
Rather, it has benefitted only well-off consumers and also
producers with skill, education and wealth.
(b) It widens economic inequality among people. The rich
has become more rich and the population of poor is still on increase.
(c) It leads to insecurity of jobs. In the case of policy
changes, the MNC closes its offices.
Also, at the time of recession, there is generally
large-scale retrenchment in MNCs.
(iii) Fair globalisation is a dream which would create opportunities
for all and ensure that the benefits of globalisation are shared better.
Following measures can be suggested to make
globalisation just and fair
(a) The government should ensure that labour
laws are proprely implemented and the workers get their rights.
(b) It should protect small producers at their initial
stage.
(c) It should work with other developing countries to
negotiate at the WTO for fairer rules.
You need to login to perform this action.
You will be redirected in
3 sec
