Group XG
Members:
Aborido, Maricor
Andeo, Jimuel (Presenter)
Anueber, Junyl
Arcilla, Rocel
Bacsal, Crystal Ethel
New Silk Road
Infrastructure
Project
New Silk Road Infrastructure Project
According to the video, The infrastructure project of the New
Silk Road is one of the foremost driven framework ventures
ever conceived. Propelled in 2014 by President Xi Jinping, the
endless collection of advancement and speculation activities
was initially formulated to interface East Asia and Europe
through physical framework. Within the decade since, the
extend has extended to Africa, Oceania, and Latin America,
altogether broadening China’s financial and political impact.
A few investigators see the extend as an unsettling expansion
of China’s rising control, and as the costs of numerous of the
ventures have skyrocketed, resistance has developed in a few
nations. In the mean time, the Joined together States offers
the concern of a few in Asia that the BRI can be a Trojan
horse for China-led territorial advancement and military
development. President Joe Biden has kept up his
predecessors’ doubtful position towards Beijing’s activities,
but Washington has battled to offer taking an interest
governments a more engaging financial vision.
America First
America First
According to the video, The US still believes in the “America First” but
it's the world poor that is paying the price for this global competition
that is going between the China and US. That time, Trump was the
president of US and President Trump’s remote arrangement of “America
First” looks for a distinctive pathway to secure American interface. It
accurately sees that other nations, particularly American partners, have
harvested significant benefits from an open, magnanimous world
arrange that forces genuine limitations on the U.S., which American
partners do now and then free ride on the magnanimous arrange that
American control maintains.
Why is free and
fair trade losing
ground?
Why is free and fair trade losing ground?
In the video, "Globalization: winners and losers in world trade," the
speaker argues that free and fair trade is losing ground due to several
factors. Firstly, there has been a rise in protectionism, where countries
impose tariffs and other barriers to trade to protect their domestic
industries. This has led to a decrease in international trade and has made it
harder for some countries to compete in the global market. Secondly, there
has been a growing distrust of globalization and free trade among many
people, particularly in developed countries. This is due to concerns about
job losses and the impact of globalization on wages and working
conditions. Overall, the video argues that free and fair trade is losing
ground due to a combination of economic and political factors, and that
there is a need for policymakers to address these concerns in order to
maintain support for globalization and trade liberalization.
Who are the world’s global poor?
Why are they paying the price for
global competition?
Who are the world’s global poor?
Duisburg in Germany
The Duisburg was the center of steel and coal, the
Chinese dismantled an entire Krupp steel plant here and
even the screw, and shipped it to China and that was the
end of 10,000 jobs or even more, there was high
unemployment and an urgent need to change the
industrial structures
Who are the world’s global poor?
Peru
Peru is one such country, economically downtrodden, with no real
prospect in sight. Peru has no money to subsidize its meager economy.
Corruption and mismanagement further weaken economic
development. The system has collapsed. Peru has one of the highest
Covid-19 death rates in the world. Three-quarters of Peruvians work off
the book, on the gray market without any state social net. Np
government has been able to create an orderly and sustainable labor
market. The well-educated are leaving the country and the major factor
why Peru gets poorer because it struggles to profit from globalization
In 2020 “Mibanco” was the first bank in Peru to grant loans to the very
poor, no guarantee requires so-called microloans
The region around Puno is one of the poorest in Peru
What does the case of Julio Solis present?
Julio Solis and entrepreneur his business is Gas stove maker . He wanted to
expand his business to give work to 4 or 5 people. This is his way he help his
country. He tried to loans in many banks but they refuse him. Finally Julio got
a loans to micro loans name Me Banko .
Julio Solis died in Dec. 20,2022 because of covid 19. Even though Julio already
died his business continue to grow and help a lot of people in total of 15
employee, he dream to export his business to chile and bolivia , even though
he can’t make it anymore his family will striving to continue to achieve his
goal,
What does the case of Julio Solis present? He is best example of entrepreneur
Even though their lacking of financial , always look for other alternatives ways
not for his self but To others also , to help other when comes to financial
matter , and give them a regular work . his business is not really big compare
to others but his business has a important role in the society where he belong
, not just only to fulfill their needs but also to help his county in his simple
way
DW Documentary. (2023, January 6).
Globalization: Winners and losers in
world trade (1/2) | DW Documentary
[Video]. YouTube.
https://www.youtube.com/watch?
v=yoZiTCz_wYA
Reference
