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Globalization
ODAY, globalization is being challenged
around the world. There is discontent
with globalization,
and rightfully so.
Globalization can be a force for good: the
globalization of ideas about democracy and of
civil society have changed the way people think,
while global political movements have led to
debt relief and the treaty on land mines.
Globalization has helped hundreds of millions of
people attain higher standards of living, beyond
what they, or most economists,
thought
imaginable
but a short while ago. The
globalization of the economy has benefited
countries that took advantage of it by seeking
new markets for their exports and by welcoming
foreign investment. Even so, the countries that
have benefited the most have been those that
took charge of their own destiny and recognized
the role government can play in development
rather than relying on the notion of a selfregulated market that would fix its own
problems.
But for millions of people globalization has
not worked. Many have actually been made
worse off, as they have seen their jobs destroyed
and their lives become more insecure. They have
felt increasingly powerless against forces beyond
their control. They have seen their democracies undermined, their cultures eroded.
What is needed are policies for sustainable, equitable, and democratie growth. This
is the reason for development. Development is not about helping a few people get rich
or creating a handful of pointless protected industries that only benefit the country's
elite; it is not about bringing in Prada and Benetton, Ralph Lauren or Louis Vuitton for
the urban rich, and leaving the rural poor in their misery. Development is about
transforming societies, irnproving the lives of the poor, enabling everyone to have a
chance at success and access to health care and education.
The developed world needs to do its part to reform the international institutions that
govern globalization. We set up these institutions and we need to work to fix them. If we
are to address the legitimate concerns of those who have expressed a discontent with
globalization, if we are to make globalization work for the billions of people for whom
it has not, if we are to make globalization with a human face succeed, then our voices
must be raised. We cannet, we should not, stand idly by.
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Joseph E. Stiglitz, Globalization and its disconienis, 2002
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1. Judging from the coyer of the book
by Joseph Stiglitz, deduce
its contents.
2.
Using sorne of the expressions below,
give your own defi~ition of
"globaliz'ation":
economic
type of business,
system, cheap labour,
charge, high priee, consumer.
o.ouelsel
3.
Say
011
...
you con about the situation
in the illustration. Make a link with
the first sentence of the text.
4.
Read the text quickly and note down
the key sentence in each paragraph.
5.
Using the idea contained
in each
key sentence, find a simple title for
each paragraph.
oo.uo ...
6.
Read paragraph
1. Find two words expressing disagreement.
Is the author neutral,
or does he express his own viewpoint?
7. Pick out the verbal forms the author uses to express:
o. present situations
c. post actions
b. the
d.
present result of post actions
possible or virtual effects
Which of them enables the author to take stock of the situation?
8.
9.
What conditions must be fulfilled to benefit from globalization?
Read paragraph
2. How con its content be anticipated?
Pick out expressions with
negative meanings. Which of them con sum up the consequence
of globalization
upon numerous people?
10. Read paragraph
3 and find the synonyms of useless, durable,
Say what development
11. ln paragraph
is and isn't, according
iust, for everyone.
to Joseph Stiglitz.
4, who does the pronoun "we" refer to? What effect is achieved
its repetition? How is the idea of duty expressed?
by