Globalization hurts poor economies - News Summed Up
Globalization hurts poor economies

Globalization hurts poor economies

November 09, 2017 16:52 UTC

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Globalization hurts poor economies


President Rodrigo Duterte on Thursday lamented the damage caused by globalization on poor economies such as the Philippines and urged Asian countries to take remedial steps to end their exploitation. To reverse the brain drain, Duterte stressed the need for “remedial measures,” adding this should be tackled by other Asian countries. And the rich would become richer, and the poor would become poorer,” he add-ed. Duterte acknowledged Donald Trump’s complaints that globalization has also sent American manufacturing jobs to cheaper countries such as China. We send it to the improved countries, the industrialized countries, and we get the finished product.


Source: Manila Times November 09, 2017 16:52 UTC



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