
Economics question???????
explain how environmental concerns, developing nation, and growing economic interdependence will affect a growing global economy????
Environmental – increased costs to businesses as legislation will impose greater safety costs-although this is better provisioned for rather than waiting for disaster to strike.
Developing nations- I foresee a stalling in their growth due to the downturn in the developed economies.
Growing Global Economy- due to the Recession,it’s possible that globalisation will stall; there will probably be increased protectionism when things get really hard. Nobody approves of this but it invaraibly happens in a major downturn/recession.
Alan Watt – Global Interdependence Pt 01
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