What are the main ways globalization has affected employment in developing countries?
Globalization has led to increased foreign investment, job creation in export sectors, and sometimes job losses in local industries.
Can you give examples of industries that have benefited from globalization?
Sure! The textile and garment industries in countries like Bangladesh and Vietnam have seen significant growth due to global demand.
What are some negative impacts of globalization on employment?
Negative impacts include job displacement in traditional sectors, wage suppression, and poor working conditions in some cases.
How do governments in developing countries respond to these challenges?
Governments often implement policies to protect local industries, improve labor standards, and invest in education and training.
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