Question

What will happen to those left behind due to globalization?

Answer 1

Government of the respective countries should form policies, develop relief package and help them join the main stream of economy to those who are left behind due to globalization. These policies, will work for their own upliftment and become employed so that others also get encouraged to move ahead and become the recipient of the benefits due to globalization.

There are some countries also, who are left behind. These countries should be supported by bigger nations in their own regions, specific development package by IMF and world bank so that these countries can also move ahead with proper infrastructure, supply chain system and part of global chain while implementing regulatory reforms. Developed nations should also come ahead with easy trade terms so that these nations also start doing international trade. Slowly and progressively, these nations will also pursue globalization drive and get its benefits.