Possible outcomes for Aid in reverse.
Aid in reverse has always been a challenge for those termed as “poor countries.” It has always been of the perception that rich states generously give out their wealth to less developed countries to help them in developing their countries. One possible outcome of this reverse aid would be that there is possible nationalization of these multinational companies by the countries where the natural resources are being consumed. The governments of those countries may be forced to take control of those companies to develop the country’s economy and for the profit to help its citizens since they own the resources being used. Consolidation of power by the government will lead to the loss of potential income and assets with no compensation. Such an arrangement would also result in political instability in the invested country when the citizens feel like they are being used unjustly.
how globalization might lead to political action
Globalization benefits have not been universal despite the promise of prosperity and information accessing society. Global inequality is evident in Africa due to the high levels of many countries and especially after colonization with the gap between the rich states and the developing countries widening more. Globalization can lead to political activism to ensure that they acquire the benefits and not the loses. It must be frustrating to see other nations swim in wealth while despite the natural resources present in your country. In such as a case, the western states tend to win at the expense of the poor African countries. This will then cause governments of various affected countries to change their policies to their favor fearing the risks of globalization amongst its people. For instance, a country in Africa, Zimbabwe which is not a developed state, through its former president Robert Mugabe, had barred all aid from the west for fearing the risks of globalization amongst its people. We cannot also ignore the fact that many African countries have poor policies which will, in turn, give them the disadvantages of globalization. Political action will be a wake-up call to change those policies. If globalization does not enhance macroeconomic stability as well as an enabling environment for investment, then it requires an immediate course of action.
Possible course of action to be taken by Germany
The Germany economy has been doing well primarily due to the European Union. Its optional trade pathways can be termed as a burden to other EU countries which Germany has been playing a significant role in helping them as well as the European Union itself. Germany knows that its exit from the EU will affect other countries in the EU negatively especially those not doing well economically due to its purchasing power in the monetary union. They will then have a hard time trying to bring down their public debts and deficits as well as create jobs. Germany is likely to use its domestic spending to buy more goods and services from those countries to avoid such a crisis in Europe. It is also expected to offer EU people jobs to prevent unemployment in the area as Germany itself suffers from a labor shortage. This will be a win-win situation as all countries will benefit from the arrangement. Such policies will stabilize the European Union which is at the brink of collapse homogeneously.
Possible legal outcomes that could be detrimental to the US.
Ratifying Law of the Seas Treaty does not give the United States more rights to gas, oil and other minerals in the deep sea of the extended sea bed. Unfortunately, it welcomes private environmental lawsuits and actions against the United States. These suits will affect their military interests as well as economic and ecological interests. Though the suits may fail, unnecessary costs may affect the US.
environmental challenges the US is likely to face
When the USA signed the treaty, ecological problems were bound to happen. Such challenges include the freedom of navigation where the US will be restricted from accessing certain areas which will affect them negatively in all possible aspects. The US will likely lose the protection of its seabed by the united nations which will lead to exposed sea pollution. The UN Environment promotes the sound use of environmental resources and protects oceans and seas. The United States is likely to lose this privilege.