The lecture i have just heard shows the bad effects of globalization.
It is said that the globalization is
widening the gap between a rich and a poor country, and even between the rich and the poor people of a country, wich constrasts with the point made in the reading, where it is said that direct foreign investments results in capital expansion and also in technical innovation, things that developing countries can use to improve local business. Also, in the reading it is mentioned that there in a tendency for workers from developing countries to search for work in developed countries, and this is a good thing because as the workers return they bring with them newly learned skills, and this may rise the wages, so the country will experience an economic growth, reduction in poverty.