Here is a look at globalization and the issues facing globalization

1. Rise and Fall of
Globalization
PAUL YOUNG CPA CGA
APRIL 15, 2020

2. Paul Young - Bio
• CPA, CGA
• Academia (PF1, FA4 and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Financial Solutions
• SME – Business Process Change
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com

3. Agenda
 What is globalization
 BRIC
 Top 10 GDP Countries
 G7 Countries
 Global Forecast
 GDP per capita
 Issues with Globalization
 Andrew Coyne / Globalization
 What’s next?
 Other Training and Learning Material

4. What is
Globalization
SOURCE -
HTTPS://WWW.INVESTOPEDIA.
COM/TERMS/G/GLOBALIZATIO
N.ASP

5. BRIC -
Countries
Source -
https://www.investopedia.co
m/terms/b/bric.asp

6. GDP to 10
Countries
SOURCE -
HTTPS://PHOTIUS.COM/RANKI
NGS/GDP_2050_PROJECTION.H
TML

7. G7 Countries

8. Global
Forecast
SOURCE - SCOTIABANK

9. Top GDP
per capita
countries
SOURCE -
HTTP://STATISTICSTIMES.COM/ECON
OMY/PROJECTED-WORLD-GDP-
CAPITA-RANKING.PHP

10. Andrew Coyne
/ Globalization
 Certain products should be deemed essential like medical as such should
be produced locally - https://www.latimes.com/world-nation/story/2020-
04-10/china-beijing-supply-world-coronavirus-fight-quality-control
 Manufacturing needs to be competitive. Policies like carbon tax, stricter
regulations (oil and gas), etc. due to support manufacturing being
competitive in Canada.
https://www.slideshare.net/paulyoungcga/manufacturing-trends-canada-
february-2020-and-march-2020
 Canada needs fair trade deals -
https://www.slideshare.net/paulyoungcga/2019-election-global-trade-
and-wto-trade-fairness-canada-august-2019
 Canada is struggling to get goods to market due to fail policies of Trudeau
- https://www.slideshare.net/paulyoungcga/analysis-of-the-goods-
producing-sector-canada-august-2019-and-september-2019

11. Issues with
Globalization
 Despite funding by UN and its agencies along with globalization there are still
issues with poverty - https://ourworldindata.org/extreme-poverty-projections
 Countries need to merchandize trade, but trade needs to be fair trades -
https://www.slideshare.net/paulyoungcga/2019-election-global-trade-and-
protectionism-canada-august-2019
 Middle class with in the G7 have struggle due to changing workplace/job quality
- https://www.slideshare.net/paulyoungcga/canadas-middle-class-analysis-and-
commentary-january-2019
 More and more manufacturing is being localized -
https://www.ptrtoolandplastics.com/blog/onshoring/
 Many companies set up shop with China and other countries
 Countries like China have struggle with product quality -
https://insight-quality.com/quality-of-products-made-in-china/
 Tax reforms
 BEPS was introduced to reform tax avoidance rules across the world -
https://www.slideshare.net/paulyoungcga/beps-profit-erosion-mandate-
close-consolidate-and-reporting
 Countries have struggled to open their borders to fair trade
 WTO needs to be reformed -
https://www.slideshare.net/paulyoungcga/2019-election-global-trade-
barriers-and-protection-wto-canada-september-2019

12. What’s next for Globalization
 Reforming the WTO
 Fair trade deals removing global protectionism
 Tax reforms (reforming international tax laws including tougher enforcement of
BEPS)
 Emerging markets need to reform their health and safety, labor and environmental
laws
 More emphasis on advance technology, i.e. automation, 3-D printing, etc.
 UN needs to go back to its mandate of world peace and stop pushing agenda
2030 - https://www.slideshare.net/paulyoungcga/why-is-canada-following-
blindly-agenda-2030

13. Training and Development
 If you like to learn more
about trade and/or other
subjects as part of your
professional learning and
development then feel free
to review my material on
https://www.udemy.com/
(search Paul Young CPA
CGA)
 These subjects address
how to fixed issues with
housing and/or systemic
issues related to economy
including government
policies