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angiejackie plowaneda
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How does globalization affect the third world?
February 17, 2006 - 02:22 AM
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How does globalization effect third world countries?
Why would countries want to know what is going on in other countries?
What is good and bad about globalization?
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Hayk
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Re: How does globalization affect the third world?
February 18, 2006 - 02:33 AM
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Originally posted by angiejackie
How does globalization effect third world countries?
Why would countries want to know what is going on in other countries?
What is good and bad about globalization?
Read "The world is flat" by Thomas Friedman to have one side's opinion and Samuel Huntington's "Clash of civilizations" for the other side's opinion.
Cheers,
H.
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Val.e.ria
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Re: How does globalization affect the third world?
March 27, 2006 - 03:46 AM
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Do you know if you can download from the Internet any of these two?
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e.sum
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Re: How does globalization affect the third world?
June 22, 2006 - 12:16 PM
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For those interested in the topic from an economic perspective, good terms/concepts to try researching with would be:
- neoliberalism
- free trade/fair trade
- NGO (non governmental organizations)
- neo-colonialism, post-colonialism
- late capitalism
- north/south, developed/developing
- outsourcing labour
Reading suggestions:
- Promises Not Kept: Poverty and the Betrayal of Third World Development by John Isbister
- A Brief History of Neoliberalism by David Harvey (more academic than the 1st source, cites many contemporary theorists like Hardt & Negri, Agamben etc.)
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vas
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Re: How does globalization affect the third world?
August 15, 2006 - 12:56 AM
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 Globalisation affects third world in both +ve and -ve ways. on one hand it opens their doors to education ,relief aid , technlogy ,medical facilities,trade.But on the oter hand -the relief aid coems with strings attached , trade opportunities are offered butmany a times they are favorable to developed countries. WTO tries to better the situation.but even at WTO a lot ha sto be done to correct the inequality.
what is needed is that all third world countries must come together and stand up for themselves.
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DLE Caytiles
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Re: How does globalization affect the third world?
August 16, 2006 - 04:36 AM
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Globalization makes the world shrink - metaphorically, or is itself the event of the "shrinking of the world". Economic integration is the main over of this phenomena. Imagine that a single trade with the EU is actually an economic exchange and linkage with existing numbers plus ten new member states (2004); a deal with the EU is actually a partnership with an an economic bloc responsible for nineteen percent of world trade and twenty-five percent of the world’s income (European Commission, 2004).
An integrated market would also lead to a much easier trade transaction. With one currency to deal with, it is now easy for the country to purchase diverse good such as French wine or German cars or Dutch chocolates. Without the hassle of changing currencies in buying goods from countries as far as Portugal and Finland or Netherlands and Cyprus, our transaction costs would be reduced making us better off than if we have to deal with each country’s exchange rates and tariff laws.
Truly, we are moving towards a borderless world, where achievements of some nations extend towards others. Halfway around the world may be the distance of the Philippines and the European Union, the same challenges and opportunities faces us both in this age of globalization. In a world of increasing market integration, we are becoming “neighbors”.
(Revised from "Neighbors in a Shrinking World": Dionne Lee E. Caytiles, December 2004, Quezon City, Philippines)
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Hayk
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Re: How does globalization affect the third world?
August 22, 2006 - 01:53 PM
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Just a quotation form my above-mentionned book!
"In 15th century it was discovered that the world is round; in the 20th century it was realised that in reality the world is flat..."
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Gade
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Re: How does globalization affect the third world?
September 15, 2006 - 09:44 AM
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It affect the third world directly. There is one thing that I want to bring to your attention. Globalisation is about extending the market for rich first world companies. There is no benefit whatsoever that third world countries can gain out of the process. Am not antiglobalisation but am against the way first world countries are executing it.
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Hayk
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Re: How does globalization affect the third world?
September 17, 2006 - 08:35 AM
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lgchefa wrote:
It affect the third world directly. There is one thing that I want to bring to your attention. Globalisation is about extending the market for rich first world companies.
It is not only for extending the rich first world companies. It is also to provide jobs, enlarge the current markets, and eventually cause a resident know-how to develop in those 3rd world countries.
My favourite examples of how globalization turned an ailing economy into one of most prosperous ones are Singapore, Malaysia, and Taiwan. These were nothing but poor countries and now they are home to many big blue chip companies in the world. Yet some other examples are India and China. India, was called some time ago a "call center" of th eUS, which it is now also, but see that the know-how brought by Americans had its ultimate face in the spread of local IT companies some of which became very prominent and went as far as opening their representations on the American soil - Infosys for example.
So i dont think it is only rich countries that benefit. It is also the poor.
There is no benefit whatsoever that third world countries can gain out of the process. Am not antiglobalisation but am against the way first world countries are executing it.
See my comments above.
It is true that there are cases of abuse and exploiting of local resources and workforce suchas cases in China of workforce abuse caused even by such companies as Nike and Apple but these are isolated cases usually.
In general things are all not that bad...
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rina
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Re: How does globalization affect the third world?
September 18, 2006 - 06:15 AM
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In principle, globalization affects third world countries by encouraging growth, lowering poverty and reducing income gaps. But at the same time, most third world countries can't survive with the rapid shifts induced by globalization. Firms and specialized workers are not able to keep up with the competition and can suffer. And worst of all, this may cause increase inequality within countries. Now, only how the governments and how their citizens see globalization's efforts will help in determining their economic future.
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