How can the government ensure that globalization is fair and its benefits are shared in a better way by all ?
1. The government policies can protect the interests of the rich and the poor alike. For example – In the interest of all, the government can ensure that labour laws are implemented properly and the workers get their rights.
2. The government can also support small producers to improve their performance till the time they become strong enough to compete. For example – Using trade and investment barriers
3. Negotiation at the World Trade Organization (WTO) for fairer rules is also a way that can be adopted by governments. This can be achieved by aligning with other developing countries with similar interests in order to fight against the domination of developed countries in the WTO.