GLOBALIZATION

 

 

• Liberal economy, dependent and exclusive.

• Notorious: structural deficit, the weight of imports of consumer goods and technological dependence

• High financial costs for domestic production

• the action of internal policies is limited. • liberalization and openness.

• Structural unemployment and reduced wages.

• Social exclusion, economic concentration, and subordination of production

• New adjustment in the labor market: wage cuts and labor deregulation.