Arguments for globalisation: Everyone's a winner

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  • EVERYONE'S A WINNER
    • Economic globalisation allows states to EVOLVE
    • They can evolve because states are able to SPECIALISE in their PRODUCTION of GOODS & SERVICES
      • This is allowed by INTERNATIONAL TRADE, as this increases EXPORTS & IMPORTS
    • TNCs SPREAD WEALTH as they WIDEN EMPLOYMENT & IMPROVES ACCESS to MODERN TECHNOLOGY
      • This is why DEVELOPING WORLD GOVTS are so keen to ATTRACT INWARD INVESTMENT
    • Thus, economic globalisation is the MOST RELIABLE means of REDUCING POVERTY

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