Another approach that may be easier to organise in essay form would be if you went through the 5 aspects of globalisation and related it to govt policies.
Trade: reduced tariffs, diversifying (e.g advertising for tourism, overseas students etc) participating in free trade deals with singapore, trying to join asean, pushing for the woodside deal to china, the doha round of WTO etc ---> balance of trade
Investment: talk about considering changing investment rules and media ownership, the impact of interest rates above world interest rates ----> balance of trade etc
Finance: same as above really, interest rates the floating dollar etc
Technology: the need to better consider privacy laws and laws governing the internet (there was a case i think where gutnik could sue an american website for libel...), opening up telecommunications markets, encouraging R&D with grants to improve export efficiency etc
Labour: reduce the power of the unions, changing unfair dismissal laws, changes to taxes to encourage ppl to return home, introduction of GST could perhaps be covered here and in investment because as a broad based tax it reduces distortions caused by taxes, privatised job placement services to reduce labour market inefficiencies, "improvements" to education system etc
Again, i know there's other stuff that needs to be considered, what minai was saying etc, but i dunno its just kinda wat came to my mind (but it is late and i am tired, so hehe maybe the post should best be entirely disregarded
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