Wednesday, August 14, 2024

Globalization: buying and selling the world. Ellwood W. (2015)

 UN Money

I believe in making globalization work better; we must make sure the organization United Nations should perform their work without taking any donations from countries. Because grants often run the UN, we felt the organization needed to take direct and strict action against some big countries. For example, to improve the climate, we must take steps to prevent those things which are helping to destroy the environment. But big governments are not responding the way they should, and the UN (United Nations) is not forcing enough to make them do so.

It's a fact that the world is generating trillions of dollars through international business transactions. As James Tobin suggests, implementing a tariff on these transactions (Ellwood, 2015) could provide the UN with a substantial and fair funding source. This system would ensure that no single country can dominate the UN's operations, as contributions would be proportionate to a nation's level of international trade.

References:

Ellwood W. (2015), Globalization buying and selling the world, New Internationalist Publication Ltd.

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