Once the causes are determined‚ the effects of globalization can be evaluated and be measured. The World Bank defines inequality as the disparity of income and standard of living among nations and their citizens (Birdsall‚ 2002) The income gap that exists between the rich and poor countries has become substantial. In 2003‚ the richest fifth of the world’s population received 85% of the total world income‚ while poorest fifth received just 1.4% of the global income (infoplease‚ 2005).When the GDP
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interconnections is known as globalization (Appelbaum‚ 2001). Globalization has pushed the world into the revolution of information. The planet has become connected through technological renovations and the interdependence of economic expansion. Nations have formed one agenda‚ one unit‚ and with it‚ emerges the concept of winners and losers. Globalization has increased the gap between rich and poor. As we form one world‚ the level of inequality rises‚ the strong nations get richer‚ and the weak nations
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A.P Globalization is hard to explain if you don’t have a basic idea of economics. The Philippines In the Philippines 71.9% of the people are living below the poverty line‚ and ironically‚ most of them are from the countryside who produce food for the whole population. 7 million of the population are jobless‚ while 3.5 million are homeless. There has been an increasing impact of globalization on the Filipino women‚ in particular. There has been a reduction of permanent workers in favor of temporary
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ESSAY: The Geopolitics of Information – How Western Culture Dominates the World by Anthony Smith is a book that deals with a crisis resulting due to a great divide between the developed “North” and the under-developed “South”. The third world accuses the Western world of cultural domination through the control of major news agencies‚ unrestricted flow of cultural products‚ financial power of advertising agencies‚ international newspaper chains‚ etc. Various technological advances mainly concentrated
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their family. Often times Americans criticize a third world country’s way of life. Just because their culture is very different from ours we automatically assume that it is wrong. In my opinion child labor is not entirely wrong‚ but it can be unethical. I believe is unethical for children to be working under deplorable and unsafe working conditions. If a child is going to work‚ they should be treated with basic human rights and equal pay. Poverty leads many children to work and in some countries
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Peter Hallward believes that whatever happened to Haiti has strong relation with the country’s history. Haiti has been and still is a victim of being a dependent country. It has been the victim of systematic postcolonial oppression for long time. The poverty of the country has to do a lot with its dependency. The dependency started fairly long ago which is almost impossible to break as of now. The reason for Haiti’s underdevelopment can only be explained by dependency theory. It is arguable that modernization
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are too familiar with ourselves‚ living in a wealthy country‚ but the fact is that there are many Third World countries out there where the economy and living conditions are so bad that children have to work in unsuitable and unsafe situations. There are certain charities that help‚ but that it is. Not enough is being done to stop child labour. It is very wrong and should be banned thought out the world and looked at as a disgrace. Figures from the International Labour Organisation (ILO) show that
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developed country. Modernization affects the development of a Third World Country by helping them become self-sufficient economically‚ politically and socially. One of the issues with Third World Countries is their education. Not everyone has access to an education and basic things such as being able to read and write are luxuries. Education is something that the wealthy have access to in these underdeveloped countries. "Third World poverty tends to correlate with poor social conditions such as high
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Highly Desirable Developing Countries need Trade‚ not Aid Poverty in Third World Countries is due to Prosperity in First World Countries Indian Economy: Old Wine in New Bottle! A Unipolar World Spells Disaster for Underdeveloped Countries like India Is Globalization Really Necessary? What shall we do about our Ever-Increasing Population? Banning of Trade Unions will be Beneficial in Growth of the Economy Why can’t India be a World-Class Player in Manufacturing Industry as it is in IT & BPO
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as though shutting down of sweatshops or raising wages and work conditions would hurt these third world economies. According to Benjamin Powell and David Sarbek’s report‚ Sweatshops and Third World Living Standards: Are the Jobs Worth the Sweat?‚ “Most economists view so-called sweatshops as a benefit to the third world and recognize that the anti-sweatshop activists’ activities could reduce third world employment and investment‚ thus making workers worse off. “ Most sweatshop workers are being
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