In the paper “Economic Colonization and a North-South Polarization” the author analyzes the North-South Polarization, which in the realm of international trade is identified to be the countries in both the socialist and capitalist sphere…
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However, the above distinction is found to be absent in the policy statements furnished by global trade and economic bodies like the World Trade Organization and International Monetary Fund. An analysis made on the basis of income suggests that the countries falling in the South Pole of international trade has per capita income at least less by 50 times in comparison to that of the countries pertaining to the North Pole. Further, the north-south polarization debate gained ground from the period of Cold War due to wide differences in the economic, political, and military resource conditions of the developed and developing countries. (Johnston, 2000, p. 558) The modern practice of international trade is contributing to the creation of economic colonies depending on the economic and political disparities of the different nations. This growth of economic colonization reinforces the concept of North-South Polarization.
The notion of North-South Polarization earned due importance after the end of the Second World War. It is observed that the countries pertaining to the North Pole were referred to as the ‘First World’ countries. On the other hand, countries belonging to the South Pole were referred to as the ‘Third World’ countries. It is however, observed that the notion of the third world countries existed prior to the fall of the Socialist states like Soviet Union in 1980. In the previous period, the concept of third world was used in regards to geo-political ideologies in the realm of global politics. Moreover, the distinction between the North and South Polarization was also found to have relevance to the levels of industrial practice among the world nations.
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"Gaskell's fourth novel, North and South,was also a social consciousness work, although less alarming than the first two.
Even though I live in South Korea, I still become curious on what's going on between the two countries. Both of them can be traced from the same origin and speaks the same language, yet it is irrefutable that their people's lines of thought are different.
M. de Roberval administered one of the first French colonies which greatly suffered from cold, famine and disease. The colony was eventually abandoned due to the hardships of colonial life and discords in the mother country. It was during the reign of Henry IV that the French began the serious colonization of Canada1.
The paper looks into why North and South Korea, despite having same historical and cultural background, are distinguished by their current politics, economic policies and even culture to some extent. The paper deals with the economic policies that have been adopted by both the countries, especially in the post colonial decades.
The North had more population but it also had more railroad mileage, iron and steel production and even other factories. Even the value of the exports of the North is greater than the South. These are indications of a
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