Points to remember before you participate in this discussion: Assume, you one of the member of a real group discussion.
Get Full Essay Get access to this section to get all help you Has globalization really worked essay with your essay and educational issues. Get Access Globalization and Poverty Essay Sample Globalization has been described as the new phenomenon that has taken over the world.
It is the new phenomenon that has brought the world together. Globalization has been described as the phenomena throgh which the world has forged a closer relationship in an effort to tackle many of the problems the world is facing.
Globalization has not only worked to spread common global culture and other aspects of life but it has worked to bring the world together to address some of the issues that are facing different countries and regions.
There are many issue that globalization has tried to work on. They vary from technological to environmental matters.
One of the issue that globalization has tried to address poverty. In tackling poverty, globalization has been advocating for equitable distribution of resources among nations and also between citizens in a nation.
But the question that lingers in the mind of us if whether globalization has really helped to tackle the problem of poverty of if it has brought more inequalities in distribution of wealth. This has been an argument that purely based on the issue of policies that have been proposed to tackle the issue under the concept of globalization.
According to Ann Harrison in the NBER Working Paper globalization will only help the poor if appropriate policies are put in place which will be supported by working institutions. Yeates, It has been noted that in the last 20 years, the extent of poverty has fallen steadily although this has not been evenly distributed.
Some of the countries in the developing world especially in Africa have recorded increasing levels of poverty while others in emerging Asia economies have recorded reduced poverty. However there is no direct relationship that can connect the reduced rate of poverty.
There is no clear cut cause-an-effect relationship between the two phenomena. Stern, However many scholars have argued that globalization has been linked with increasing level of inequality. One of the issues that have contributed to increased inequality and therefore contributing to poverty has been unbalance trade in the world.
It has been argued that only countries that have well developed and competitive economies that have been able to benefit from the concept of globalization. The poor have not benefits from an equal share of gains from liberalized trade. Though the have been many initiatives like AGOA and others which have been drafted to help the poor country gain access world trade, they have no gained from the trade.
But globalization is not all that bad. Mosley, According to Chossudovsky there are many way in which globalization has worked to reduce poverty in many parts of the world. There is strong evidence that suggest that growth in export and flow of foreign investment in the developing nations has increased economic opportunities in the developing nations which has reduced poverty.
Globalization has been a powerful force in reduction of poverty but there has been imbalance in achieving poverty reduction due to difference in governance and policies in these countries.
Other factors like tariffs and barriers that have been placed on poor countries to access markets in the developed nation in the name of enforcement of governance have been a great cause of this imbalance.
World Bank, Though the relationship between globalization and poverty may be hard to understand, there should be positive outcome in this simple relationship.
Globalization has helped to open markets for participation by all nations. This gives them a chance to participate in their economy. Under such kind of arrangement many of African and Asian countries have been able to come up with effective policies that have helped the citizens to participate in some initiatives like AGOA.
Therefore we can say that globalization is not all that bad as it has helped the world to fight poverty. Ray, Reference Chossudovsky, N. The Globalization of Poverty.
Zed Books Mosley, P. Attacking poverty and the Washington consensus. Journal of International Development, Vol. Globalization and Poverty, and Poverty of globalization theory. Sage Publishers Stern, N.Globalisation And Poor Work And Flexible Labour Practices Economics Essay. Print Reference this.
Disclaimer: ) Flexitime arose from a new influx of women into the world of work. Poor women have always worked in greater number than women of the bourgeoisie.
Globalization has become cause of unhappiness for many individuals . Globalization and the attendant concerns about poverty and inequality have become a focus of discussion in a way that few other topics, except for international terrorism or global warming, have.
Topic: Discuss the positive and negative effects of globalization on the world today. The term globalization is the process of transformation of local phenomena into global ones. Feb 05, · Has globalization really worked 3.
Are layoffs a solution to efficient management 4. Are layoffs a solution to efficient management 4. Is the Nuclear deal good for India 5. The Globalization of Nestle - Globalization is the dominant force by which the world has become interconnected significantly as a result of extremely increased trade and decreased cultural differences.
Overall, I personally believe that globalization is inevitable, necessary, and has the potential to be really good for the third world, and increase prosperity globally.
The way it is being delivered at the moment however leaves a lot to be desired.