Globalization

1. Globalization affects employment of Austria:

At the one hand the market in Austria became better because of the enlargement to Eastern Europe, where the economy booms and Austria is directly situated at the border to this region. On the other hand many Austrian companies displace their places of production to other countries for saving money.

2. Austrian multinationales

· Liebherr:

… is one of the leading concerns for cranes worldwide and employs 26.337 people around the world. In 2006 they obtain 6.473 Mio. €.

· Rauch:

…and Fohrenburger have more than 1000 staff members and export into more than 50 counties. In 2003 Rauch made more than 483 million € earning.

· Doppelmayr:

…has built more than 13.700 installations in over 78 countries. So it is the world’s leader in ropeway engineering.

3. Groups against globalization

Anti-Globalization: That is a social movement which is strictly against globalization and tries to reduce the global complexity.

4. How can we support Fair Trade?

If you buy products marked whit the Fair Trade logo you support this organisation. These products, which are exports from Developing Countries and Third World Countries are a bit more expensive than local product but so more than 1,4 million farmers profit.

5. Opinion about globalization

In my opinion globalization has good and bad sites. It’s good that the world grows together and we can communicate with all people of the world because of the internet but it’s bad that everything is produced somewhere and is transported through the whole world. We should produce the things we need in our own country though it is cheaper in China or India.