global organisations in narrowing the d
Evaluate the role of different global organisations in narrowing the development gap (15)
The Development Gap refers to the widening difference in levels of development between the world's richest and poorest countries. This development gap can also occur within countries, for example between regions or between urban and rural areas. There is a variety of global organisations to help norrow the development gap, TNCs, World Trade Organisation, World Bank and IMF. I will be evaluating each whether they successfully norrow the DG or make it expand.
The role of the World Trade Organisation is to promote free trade and economic cooperation between countries. As WTO offer Freer trade this cuts the cost of living, food and clothes are now cheaper than they have ever been before, this is because with the lowered trade barriers through negotiations and applies there becomes a principle of non-discrimination. The result is reduced costs of production (because imports used in production are cheaper) and reduced prices of finished goods and services, and ultimately a lower cost of living. 'According to one calculation, consumers and governments in rich countries pay $350 billion per year supporting agriculture' This can be seen as norrowing the gap, as developed and developing countries are able to create relationships which therefore encourages trade dependency and improves competitiveness globally. The WTO is a 'Top Down' approach, which means it's government led, local needs are rarely considered. The WTO has been successful in narrowing the development gap in Uganda, as they are now able to earn money through exporting commodities, there economic growth grew by 5.6% and with this free trade it's coffee export in 2007 was worth $350 million, However it has also been successful in widening the gap as the WTO has been accused for just helping the developed countries, made by MEDCs for MEDCs. For Uganda and other developing countries they have became a lot more dependent on
The Development Gap refers to the widening difference in levels of development between the world's richest and poorest countries. This development gap can also occur within countries, for example between regions or between urban and rural areas. There is a variety of global organisations to help norrow the development gap, TNCs, World Trade Organisation, World Bank and IMF. I will be evaluating each whether they successfully norrow the DG or make it expand.
The role of the World Trade Organisation is to promote free trade and economic cooperation between countries. As WTO offer Freer trade this cuts the cost of living, food and clothes are now cheaper than they have ever been before, this is because with the lowered trade barriers through negotiations and applies there becomes a principle of non-discrimination. The result is reduced costs of production (because imports used in production are cheaper) and reduced prices of finished goods and services, and ultimately a lower cost of living. 'According to one calculation, consumers and governments in rich countries pay $350 billion per year supporting agriculture' This can be seen as norrowing the gap, as developed and developing countries are able to create relationships which therefore encourages trade dependency and improves competitiveness globally. The WTO is a 'Top Down' approach, which means it's government led, local needs are rarely considered. The WTO has been successful in narrowing the development gap in Uganda, as they are now able to earn money through exporting commodities, there economic growth grew by 5.6% and with this free trade it's coffee export in 2007 was worth $350 million, However it has also been successful in widening the gap as the WTO has been accused for just helping the developed countries, made by MEDCs for MEDCs. For Uganda and other developing countries they have became a lot more dependent on