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Social Sciences
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Topic:

Liam Fox: Globalization Needs To Be Championed More Vigorously (Coursework Sample)

Instructions:

explain Globalization based on the article:
Liam Fox: Globalization needs to be Championed More Vigorously

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Content:

Geography
Globalization
Liam Fox: Globalization needs to be Championed More Vigorously
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Institution Affiliation:
Globalization
According to Liam Fox, the term globalization has been fairly misunderstood especially by the leaders in the world. He further claims that globalization should be put into effect more vigorously and ensures the goals are achieved. Scholars have concluded that some of the goals include the sustainable development goals. Which when achieved, will address challenging issues such as poverty. Liam Fox claims that this fact has a close connection to development of the world, hence should be taken very seriously. This was after praising brexit. The trade secretary further calls upon on the governments to review the benefits experienced in globalization. According to him, Liam Fox, believes that globalization is the key to end poverty especially in the third world. He has sided with Theresa May on the fact that globalization in the modern world is being conducted at a very slow rate and adjustments should be done. The article continues to explain how globalization has assisted the wealthy such as Donald Trump to become wealthy, neglecting the poor. Liam Fox has linked this with the up rise of populist and figures that are after power.
The issue was catalyzed by the Brexit. He claimed that brexit was caused by globalization due to free movement of capital, trade and labor. According to the Guardian, Fox said that, “the single greatest decrease in material human deprivation in history”. He continues to argue that the interdependence among countries could lead to instability as far as globalization is concerned. Fox says that this would lead to extreme consequences on the global economy, stating that we ought to watch out. However, after the Brexit, Fox applauded the move as he stated that it is an opportunity for the UK to trade with other countries. It was evident that the trade secretary supported a move of trading via the World Trade Organization rather than rules such as that of the EU.
The rules and Guidelines of the World Trade Organization comply with globalization generally, through enhancing global econo...
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