Global 3000 | Changing Trade Patterns

Globalization and free trade lead to greater competition on world markets - and that has both advantages and disadvantages. Side-effects such as outsourcing mean many people lose their job.So two years ago,the European Globalization Fund was set up to provide a European response to those adjusting to the consequences of globalization,acting as a sign of solidarity from those who benefit from open trade to those who face the sudden shock of losing their job.