Reactions to processes contributing to globalization have varied widely with a history as long as extraterritorial contact and trade. Philosophical differences regarding the costs and benefits of such processes give rise to a broad-range of ideologies and social movements. Proponents of economic growth, expansion and development, in general, view globalizing processes as desirable or necessary to the well-being of human society.[279] Antagonists view one or more globalizing processes as detrimental to social well-being on a global or local scale;[279] this includes those who question either the social or natural sustainability of long-term and continuous economic expansion, the social structural inequality caused by these processes, and the colonial, Imperialistic, or hegemonic ethnocentrism, cultural assimilation and cultural appropriation that underlie such processes. As summarized by Noam Chomsky: The dominant propaganda systems have appropriated the term "globalization" to refer to the specific version of international economic integration that they favor, which privileges the rights of investors and lenders, those of people being incidental. In accord with this usage, those who favor a different form of international integration, which privileges the rights of human beings, become "anti-globalist." This is simply vulgar propaganda, like the term "anti-Soviet" used by the most disgusting commissars to refer to dissidents. It is not only vulgar, but idiotic. Take the World Social Forum (WSF), called "anti-globalization" in the propaganda system – which happens to include the media, the educated classes, etc., with rare exceptions. The WSF is a paradigm example of globalization. It is a gathering of huge numbers of people from all over the world, from just about every corner of life one can think of, apart from the extremely narrow highly privileged elites who meet at the competing World Economic Forum, and are called "pro-globalization" by the propaganda system.[280] Proponents In general, corporate businesses, particularly in the area of finance, see globalization as a positive force in the world. Many economists cite statistics that seem to support such positive impact. For example, per capita Gross Domestic Product (GDP) growth among post-1980 globalizing countries accelerated from 1.4 percent a year in the 1960s and 2.9 percent a year in the 1970s to 3.5 percent in the 1980s and 5.0 percent in the 1990s. This acceleration in growth seems even more remarkable given that the rich countries saw steady declines in growth from a high of 4.7 percent in the 1960s to 2.2 percent in the 1990s. Also, the non-globalizing developing countries seem to fare worse than the globalizers, with the former's annual growth rates falling from highs of 3.3 percent during the 1970s to only 1.4 percent during the 1990s. This rapid growth among the globalizers is not simply due to the strong performances of China and India in the 1980s and 1990s – 18 out of the 24 globalizers experienced increases in growth, many of them quite substantial.[281] Economic liberalism and free trade Main articles: Economic liberalism and Neoliberalism George W. Bush and Hu Jintao of China meet while attending an APEC summit in Santiago de Chile, 2004 Economic liberals and neoliberals generally argue that higher degrees of political and economic freedom in the form of free trade in the developed world are ends in themselves, producing higher levels of overall material wealth. Globalization is seen as the beneficial spread of liberty and capitalism.[282] Jagdish Bhagwati, a former adviser to the U.N. on globalization, holds that, although there are obvious problems with overly rapid development, globalization is a very positive force that lifts countries out of poverty by causing a virtuous economic cycle associated with faster economic growth.[181] Economist Paul Krugman is another staunch supporter of globalization and free trade with a record of disagreeing with many critics of globalization. He argues that many of them lack a basic understanding of comparative advantage and its importance in today's world.[283] The flow of migrants to advanced economic countries has been claimed to provide a means through which global wages converge. An IMF study noted a potential for skills to be transferred back to developing countries as wages in those a countries rise.[7] Lastly, the dissemination of knowledge has been an integral aspect of globalization. Technological innovations (or technological transfer) is conjectured to benefit most the developing and least developing countries (LDCs), as for example in the adoption of mobile phones.[21] There has been a rapid economic growth in Asia after embracing market orientation-based economic policies that encourage private property rights, free enterprise and competition. In particular, in East Asian developing countries, GDP per head rose at 5.9% a year from 1975 to 2001 (according to 2003 Human Development Report[284] of UNDP). Like this, the British economic journalist Martin Wolf says that incomes of poor developing countries, with more than half the world’s population, grew substantially faster than those of the world’s richest countries that remained relatively stable in its growth, leading to reduced international inequality and the incidence of poverty. Certain demographic changes in the developing world after active economic liberalization and international integration resulted in rising general welfare and, hence, reduced inequality. According to Wolf, in the developing world as a whole, life expectancy rose by four months each year after 1970 and infant mortality rate declined from 107 per thousand in 1970 to 58 in 2000 due to improvements in standards of living and health conditions. Also, adult literacy in developing countries rose from 53% in 1970 to 74% in 1998 and much lower illiteracy rate among the young guarantees that rates will continue to fall as time passes. Furthermore, the reduction in fertility rate in the developing world as a whole from 4.1 births per woman in 1980 to 2.8 in 2000 indicates improved education level of women on fertility, and control of fewer children with more parental attention and investment.[285] Consequentially, more prosperous and educated parents with fewer children have chosen to withdraw their children from the labor force to give them opportunities to be educated at school improving the issue of child labor. Thus, despite seemingly unequal distribution of income within these developing countries, their economic growth and development have brought about improved standards of living and welfare for the population as a whole. Of the factors influencing the duration of economic growth in both developed and developing countries, income equality has a more beneficial impact than trade openness, sound political institutions, and foreign investment.[286] Global democracy Main article: Democratic globalization Democratic globalization is a movement towards an institutional system of global democracy that would give world citizens a say in political organizations. This would, in their view, bypass nation-states, corporate oligopolies, ideological Non-governmental organizations (NGO), political cults and mafias. One of its most prolific proponents is the British political thinker David Held. Advocates of democratic globalization argue that economic expansion and development should be the first phase of democratic globalization, which is to be followed by a phase of building global political institutions. Dr. Francesco Stipo, Director of the United States Association of the Club of Rome, advocates unifying nations under a world government, suggesting that it "should reflect the political and economic balances of world nations. A world confederation would not supersede the authority of the State governments but rather complement it, as both the States and the world authority would have power within their sphere of competence".[287] Former Canadian Senator Douglas Roche, O.C., viewed globalization as inevitable and advocated creating institutions such as a directly elected United Nations Parliamentary Assembly to exercise oversight over unelected international bodies.[288] International cooperation Military cooperation – Past examples of international cooperation exist. One example is the security cooperation between the United States and the former Soviet Union after the end of the Cold War, which astonished international society. Arms control and disarmament agreements, including the Strategic Arms Reduction Treaty (see START I, START II, START III, and New START) and the establishment of NATO’s Partnership for Peace, the Russia NATO Council, and the G8 Global Partnership against the Spread of Weapons and Materials of Mass Destruction, constitute concrete initiatives of arms control and de-nuclearization. The U.S.–Russian cooperation was further strengthened by anti-terrorism agreements enacted in the wake of 9/11.[289] Environmental cooperation – One of the biggest successes of environmental cooperation has been the agreement to reduce chlorofluorocarbon (CFC) emissions, as specified in the Montreal Protocol, in order to stop ozone depletion. The most recent debate around nuclear energy and the non-alternative coal-burning power plants constitutes one more consensus on what not to do. Thirdly, significant achievements in IC can be observed through development studies.[289] Global civics Monument to Multiculturalism by Francesco Perilli in Toronto, Canada. Four identical sculptures are located in Buffalo City, South Africa; Changchun, China; Sarajevo, Bosnia and Sydney, Australia Main articles: Global civics and Multiculturalism See also: Global citizenship Global civics suggests that civics can be understood, in a global sense, as a social contract between global citizens in the age of interdependence and interaction. The disseminators of the concept define it as the notion that we have certain rights and responsibilities towards each other by the mere fact of being human on Earth.[290] World citizen has a variety of similar meanings, often referring to a person who disapproves of traditional geopolitical divisions derived from national citizenship. An early incarnation of this sentiment can be found in Socrates, who Plutarch quoted as saying: "I am not an Athenian, or a Greek, but a citizen of the world."[291] In an increasingly interdependent world, world citizens need a compass to frame their mindsets and create a shared consciousness and sense of global responsibility in world issues such as environmental problems and nuclear proliferation.[292] Cosmopolitanism is the proposal that all human ethnic groups belong to a single community based on a shared morality. A person who adheres to the idea of cosmopolitanism in any of its forms is called a cosmopolitan or cosmopolite.[293] A cosmopolitan community might be based on an inclusive morality, a shared economic relationship, or a political structure that encompasses different nations. The cosmopolitan community is one in which individuals from different places (e.g. nation-states) form relationships based on mutual respect. For instance, Kwame Anthony Appiah suggests the possibility of a cosmopolitan community in which individuals from varying locations (physical, economic, etc.) enter relationships of mutual respect despite their differing beliefs (religious, political, etc.).[294] Canadian philosopher Marshall McLuhan popularized the term Global Village beginning in 1962.[295] His view suggested that globalization would lead to a world where people from all countries will become more integrated and aware of common interests and shared humanity.[296] Critiques Main article: Criticisms of globalization Critiques of globalization generally stem from discussions surrounding the impact of such processes on the planet as well as the human costs. They challenge directly traditional metrics, such as GDP, and look to other measures, such as the Gini coefficient [297] or the Happy Planet Index,[298] and point to a "multitude of interconnected fatal consequences–social disintegration, a breakdown of democracy, more rapid and extensive deterioration of the environment, the spread of new diseases, increasing poverty and alienation"[299] which they claim are the unintended consequences of globalization. Differences in national income equality around the world as measured by the national Gini coefficient, 2009 Criticisms have arisen from church groups, national liberation factions, unionists, intellectuals, artists, protectionists, anarchists, those in support of relocalization (e.g., consumption of nearby production) and others. Some have been reformist in nature, (arguing for a more moderate form of capitalism) while others are more revolutionary (power shift from private to public control) or reactionary (public to private). Some critics of globalization argue that it harms the diversity of cultures. As a dominating country’s culture is introduced into a receiving country through globalization, it can become a threat to the diversity of local culture. Some argue that globalization may ultimately lead to Westernization or Americanization of culture, where the dominating cultural concepts of economically and politically powerful Western countries spread and cause harm on local cultures. Some opponents of globalization see the phenomenon as a promotion of corporatist interests.[300] They also claim that the increasing autonomy and strength of corporate entities shapes the political policy of countries.[301][302] They advocate global institutions and policies that they believe better address the moral claims of poor and working classes as well as environmental concerns.[303] Economic arguments by fair trade theorists claim that unrestricted free trade benefits those with more financial leverage (i.e. the rich) at the expense of the poor.[304] Critics argue that globalization results in: Poorer countries suffering disadvantages: While it is true that free trade encourages globalization among countries, some countries try to protect their domestic suppliers. The main export of poorer countries is usually agricultural productions. Larger countries often subsidise their farmers (e.g., the EU's Common Agricultural Policy), which lowers the market price for foreign crops.[305] Joseph Stiglitz argues that countries that have managed globalization on their own have succeeded in reaping benefits from globalization, while countries that were economically managed by international institutions such as the IMF have not gained as much from globalization.[306] The shift to outsourcing: Globalization allowed corporations to move manufacturing and service jobs from high cost locations, creating economic opportunities with the most competitive wages and worker benefits.[116] Immigrant rights march for amnesty, Los Angeles, on May Day, 2006 Weak labor unions: The surplus in cheap labor coupled with an ever growing number of companies in transition weakened labor unions in high-cost areas. Unions lose their effectiveness and workers their enthusiasm for unions when membership begins to decline.[305] An increase in exploitation of child labour: Countries with weak protections for children are vulnerable to infestation by rogue companies and criminal gangs who exploit them. Examples include quarrying, salvage, and farm work as well as trafficking, bondage, forced labor, prostitution and pornography.[307] Helena Norberg-Hodge, the director and founder of ISEC, criticizes globalization in many ways. In her book Ancient Futures, Norberg-Hodge claims that "centuries of ecological balance and social harmony are under threat from the pressures of development and globalization." She also criticizes the standardization and rationalization of globalization, as it does not always yield the expected growth outcomes. Although globalization takes similar steps in most countries, scholars such as Hodge claim that it might not be effective to certain countries, for globalization has actually moved some countries backward instead of developing them.[308] Anti-globalization movement Main article: Anti-globalization movement Anti-globalization, or counter-globalisation,[309] consists of a number of criticisms of globalization but, in general, is critical of the globalization of corporate capitalism.[310] The movement is also commonly referred to as the alter-globalization movement, anti-globalist movement, anti-corporate globalization movement,[311] or movement against neoliberal globalization. It can be explained as encompassing the ideologies present in the following other “movements”, which will be discussed below: opposition to capital market integration, social justice and inequality, anti-consumerism, anti-global governance and environmentalist opposition. Each of these ideologies can be framed around a specific strand of the anti-globalization movement, but in general the movement gears their efforts towards all of these primary principles. It is considered a rather new and modern day social movement, as the issues it is fighting against are relevant in today’s time. However, the events that occurred which fuels the movement can be traced back through the lineage of the movement of a 500-year old history of resistance against European colonialism and U.S. imperialism.[312] This refers to the continent of Africa being colonized and stripped of their resources by the Europeans in the 19th century. It is also related closely with the anti-Vietnam war mobilizations between 1960 and1970, with worldwide protests against the adjustment of structure in Africa, Asia, and Latin America. Although British sociologist Paul Q. Hirst and political economist Grahame F. Thompson note the term is vague;[313] "anti-globalization movement" activities may include attempts to demonstrate sovereignty, practice local democratic decision-making, or restrict the international transfer of people, goods and capitalist ideologies, particularly free market deregulation. Canadian author and social activist Naomi Klein argues that the term could denote either a single social movement or encompass multiple social movements such as nationalism and socialism.[314] Bruce Podobnik, a sociologist at Lewis and Clark College, states that "the vast majority of groups that participate in these protests draw on international networks of support, and they generally call for forms of globalization that enhance democratic representation, human rights, and egalitarianism."[315] Economists Joseph Stiglitz and Andrew Charlton write: The anti-globalization movement developed in opposition to the perceived negative aspects of globalization. The term 'anti-globalization' is in many ways a misnomer, since the group represents a wide range of interests and issues and many of the people involved in the anti-globalization movement do support closer ties between the various peoples and cultures of the world through, for example, aid, assistance for refugees, and global environmental issues.[316] In general, opponents of globalization in developed countries are disproportionately middle-class and college-educated. This contrasts sharply with the situation in developing countries, where the anti-globalization movement has been more successful in enlisting a broader group, including millions of workers and farmers.[317] These supporters of the movement are aware of the unequal power and respect in terms of international trade between the developed and underdeveloped countries of the world.[318] The activists that support the AGM, as mentioned previously before, can range in terms of the specific issue(s) that they oppose. Again, there are a few different dimensions of globalization: economic, political, cultural, ecological and ideological. The diverse subgroups that make up this movement include some of the following: trade unionists, environmentalists, anarchists, land rights and indigenous rights activists, organizations promoting human rights and sustainable development, opponents of privatization, and anti-sweatshop campaigners.[312] Movement tactics D.A. Snow et al. contend that the anti-globalization movement is an example of a new social movement, which uses tactics that are unique and use different resources than previously used before in other social movements.[319] Actors of the movement participate in things such as disruptive tactics. These include flash mobs for example, which work extremely well in catching the attention of others and spreading awareness about the issue of globalization. There is also the spreading of information about the social movement through social media and word of mouth about NGOs, organizations and movement groups working to help alleviate the effects of globalization. Websites such as Twitter and Facebook have become a useful outlet for people to become aware of what is going on around the globe, any protests or tactics taking place and the progress of non-governmental organizations aiding in these impoverished countries. One of the most infamous tactics of the movement is the Battle of Seattle in 1999, where there were protests against the World Trade Organization's Third Ministerial Meeting.[312] It can be described as being a massive group of passionate, grass roots people within the anti-globalization movement protesting against the WTO’s corporate rule. All over the world, the movement has held protests outside meetings of institutions such as the WTO, the International Monetary Fund (IMF), the World Bank, the World Economic Forum, and the Group of Eight (G8).[312] Within the Seattle demonstrations the protesters that participated used both creative and violent tactics to gain the attention towards the issue of globalization. It is still one of the most significant and memorable social movement protests in the past 20 years. Opposition to capital market integration Main article: Anti-capitalist movements World Bank Protester, Jakarta, Indonesia. Capital markets have to do with raising and investing moneys in various human enterprises. Increasing integration of these financial markets between countries leads to the emergence of a global capital marketplace or a single world market. In the long run, increased movement of capital between countries tends to favor owners of capital more than any other group; in the short run, owners and workers in specific sectors in capital-exporting countries bear much of the burden of adjusting to increased movement of capital.[320] It is not surprising that these conditions lead to political divisions about whether or not to encourage or increase international capital market integration. Those opposed to capital market integration on the basis of human rights issues are especially disturbed by the various abuses which they think are perpetuated by global and international institutions that, they say, promote neoliberalism without regard to ethical standards. This can also be referred to as “corporate capitalism”, as previous mentioned, which are money driven organizations such as the World Bank and the International Monetary Fund, along with many of the popular and competitive multinational corporations, like Nike and other institutions. Common targets include the World Bank (WB), International Monetary Fund (IMF), the Organisation for Economic Co-operation and Development (OECD) and the World Trade Organization (WTO) and free trade treaties like the North American Free Trade Agreement (NAFTA), Free Trade Area of the Americas (FTAA), the Multilateral Agreement on Investment (MAI) and the General Agreement on Trade in Services (GATS). In light of the economic gap between rich and poor countries, movement adherents claim "free trade" without measures in place to protect the under-capitalized will contribute only to the strengthening the power of industrialized nations (often termed the "North" in opposition to the developing world's "South"). Some of the powerful Northern corporations have implemented policies like privatizing public industry and reducing tariffs. By doing this it has created a growth in sweatshops in the developing world, where wages are minimal and unfair, and conditions are unsafe to the workers’ health and psychological state. The global North can benefit from this by getting goods for a cheaper monetary amount. However, this is at the expense of these impoverished people and the community or country as a whole. Now, fair trade has been introduced in order to attempt to rebuild the economies of third world countries by paying employees, who work to produce goods to be exported, a fair price for their efforts.[321] Global justice and inequality Main article: Global justice movement The global digital divide: Computers per 100 people. The global justice movement is the loose collection of individuals and groups—often referred to as a "movement of movements"—who advocate fair trade rules and perceive current institutions of global economic integration as problems.[322] The movement is often labeled an anti-globalization movement by the mainstream media. Those involved, however, frequently deny that they are anti-globalization, insisting that they support the globalization of communication and people and oppose only the global expansion of corporate power.[323] The movement is based in the idea of social justice, desiring the creation of a society or institution based on the principles of equality and solidarity, the values of human rights, and the dignity of every human being.[324][325][326] Social inequality within and between nations, including a growing global digital divide, is a focal point of the movement. Many nongovernmental organizations have now arisen to fight these inequalities that many in Latin America, Africa and Asia face. A few very popular and well known Non-governmental organizations (NGOs) include: War Child, Red Cross, Free The Children and CARE International. They often create partnerships where they work towards improving the lives of those who live in third world countries by building schools, fixing infrastructure, cleaning water supplies, purchasing equipment and supplies for hospitals, and other aid efforts. General Assembly meeting of the Occupy movement in Washington Square Park, New York City, USA, on 8 October 2011 Inequality Main articles: Economic inequality and International inequality Increasing international commerce with high barriers to entry, corporate consolidation, tax havens and other methods of tax avoidance, and political corruption have all caused increases in income inequality and wealth concentration: the increasingly unequal distribution of economic assets (wealth) and income within or between global populations, countries, and individuals. Economic inequality varies between societies, historical periods, economic structures or systems (for example, capitalism or socialism), ongoing or past wars, between genders, and between differences in individuals' abilities to create wealth.[327] There are various numerical indices for measuring economic inequality. A prominent one is the Gini coefficient, but there are also many other methods. Economic inequality affects equity, equality of outcome, and equality of opportunity. Although earlier thought considered economic inequality as necessary and beneficial,[328] it has more recently come to be seen as a growing social problem.[329] Early studies suggesting that greater equality inhibits economic growth have been shown to be flawed because they did not account for the many years it can take inequality changes to manifest in growth changes.[330] In fact, one of the most robust and important determinants of sustained economic growth is the level of income inequality.[286] International inequality is inequality between countries. Economic differences between rich and poor countries are very large. According to the United Nations Human Development Report for 2004, the GDP per capita in countries with high, medium and low human development (a classification based on the UN Human Development Index) was 24,806, 4,269 and 1,184 PPP$, respectively (PPP$ = purchasing power parity measured in United States dollars).[331] Gender inequality in the global workforce Main article: Gender inequality Women often participate in the workforce as casual labor. Evidence suggests that while globalization has expanded women’s access to employment, the long-term goal of transforming gender inequalities remains unmet and appears unattainable without regulation of capital and a reorientation and expansion of the state’s role in funding public goods and providing a social safety net.[332] Anti-consumerism Main article: Anti-consumerism Anti-consumerism is the socio-political movement against equating personal happiness with consumption and the purchase of material possessions. The term "consumerism" was first used in 1915 to refer to "advocacy of the rights and interests of consumers" (Oxford English Dictionary), but here the term "consumerism" refers to the sense first used in 1960, "emphasis on or preoccupation with the acquisition of consumer goods" (Oxford English Dictionary). Concern over the treatment of consumers has spawned substantial activism, and the incorporation of consumer education into school curricula. Anti-consumerist activism draws parallels with environmental activism, anti-globalization, and animal-rights activism in its condemnation of modern corporations, or organizations that pursue a solely economic interest. One variation on this topic is activism by postconsumers, with the strategic emphasis on moving beyond addictive consumerism.[6] In recent years, there have been an increasing number of books (Naomi Klein's 2000 No Logo, for example) and films (e.g. The Corporation & Surplus) popularizing an anti-corporate ideology to the public. Opposition to economic materialism comes primarily from two sources: religion and social activism. Some religions assert materialism interferes with connection between the individual and the divine or that it is inherently an immoral lifestyle. Social activists believe materialism is connected to global retail merchandizing and supplier convergence, war, greed, anomie, crime, environmental degradation, and general social malaise and discontent. Anti-global governance Main article: Global governance Beginning in the 1930s, opposition arose to the idea of a world government, as advocated by organizations such as the World Federalist Movement (WFM).[333] Those who oppose global governance typically do so on objections that the idea is in-feasible, inevitably oppressive, or simply unnecessary.[334] In general, these opponents are wary of the concentration of power or wealth that such governance might represent. Religious reasons are also cited, in which global governance is seen as the Biblical Antichrist or a representation thereof (see New World Order (conspiracy theory)). Such reasoning dates back to the founding of the League of Nations and, later, the United Nations. Environmentalist opposition Deforestation of the Madagascar Highland Plateau has led to extensive siltation and unstable flows of western rivers. Main article: Environmentalism See also: Global warming, Climate change, and Deforestation Environmentalism is a broad philosophy, ideology[335][336][337] and social movement regarding concerns for environmental conservation and improvement of the health of the environment, particularly as the measure for this health seeks to incorporate the concerns of non-human elements. Environmentalism advocates the preservation, restoration and improvement of the natural environment in an attempt to balance relations between humanity and their broader natural environment. The exact nature of this balance is controversial and there are many different ways for environmental concerns to be expressed in practice. Environmentalism and environmental concerns are often represented by the color green,[338] but this association has been appropriated by the marketing industries and is a key tactic in the art of Greenwashing. Environmentalist concerns with globalization include issues such as global warming, climate change, global water supply and water crises, inequity in energy consumption and energy conservation, transnational air pollution and pollution of the world ocean, overpopulation, world habitat sustainability, deforestation, biodiversity and species extinction. Another concern is labelled "environmental apartheid",[339] which claims that the resources and wealth of society are typically appropriated by a small minority group of a privileged race or class, under much protection. Thus, the excluded majority never gets a chance to access to resources necessary for well-being and survival. In the pre-Rio period, it was the North that contributed most to the destruction of the environment. Globalization is restructuring control over resources in such a way that the natural resources of the poor are systematically taken over by the rich and the pollution promulgated by the rich is systematically dumped on the poor.[340] For example, 90 percent of historic carbon dioxide emissions have been by the industrialized countries. The developed countries produce 90 percent of the hazardous wastes produced around the world every year. Global free trade has globalized this environmental destruction in an asymmetric pattern. Some argue the economy is controlled by Northern corporations and they are increasingly exploiting resources of less wealthy countries for their global activities while it is the South that is disproportionately bearing the environmental burden of the globalized economy. Globalization is thus leading to a type of environmental apartheid.[341] A related area of concern is the pollution haven hypothesis, which posits that, when large industrialized nations seek to set up factories or offices abroad, they will often look for the cheapest option in terms of resources and labor that offers the land and material access they require (see Race to the bottom).[342] This often comes at the cost of environmentally sound practices. Developing countries with cheap resources and labor tend to have less stringent environmental regulations, and conversely, nations with stricter environmental regulations become more expensive for companies as a result of the costs associated with meeting these standards. Thus, companies that choose to physically invest in foreign countries tend to (re)locate to the countries with the lowest environmental standards or weakest enforcement. |
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