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Globalization Pros And Cons

Globalization Pros And Cons

The ability of poor nations to make or import cheap copies of drugs still under patent in rich countries has been a boon to world public health. But the W.T.O. will require most of its poor members to accept patents on medicine by 2005, with the very poorest nations following in 2016. Medicine prices will probably double, but poor countries will never offer enough of a market to persuade the pharmaceutical industry to invent cures for their diseases. They discovered that the average monthly income of workers in garment-export factories was 86 percent above that of other wage workers living in the same slum neighborhoods. Outside of the factories, people …