How does globalization affect employment policies?
Globalization influences employment policies by increasing competition, leading to changes in labor laws and practices.
Can you give examples of countries that have changed their employment policies due to globalization?
Sure! Countries like India and China have reformed labor laws to attract foreign investment and adapt to global markets.
What are the potential downsides of these changes?
Potential downsides include job insecurity, wage stagnation, and the erosion of workers' rights as companies seek to cut costs.
How can governments balance globalization with protecting workers' rights?
Governments can implement regulations that ensure fair wages, job security, and support for workers affected by globalization.
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