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| Topic: |
Social Issues
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| Number of pages / Number of words: |
12 / 3204 |
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It was this instability that caused the crisis in Mexico in 1994. As companies become more international in scope, they are free to move operations quickly from country to country based on local conditions, greatly improving their power against local governments, businesses and workers. This is turn severely reduces government regulation of trade, investment, labour, health and safety, and the environment...
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This is turn severely reduces government regulation of trade, investment, labour, health and safety, and the environment. Government spending would indeed be slashed, especially in the areas of social services. Devalue the currency in order to make exports more attractive and weaken labour to make wages "competitive"...
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