StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Economic Colonization and a North-South Polarization - Term Paper Example

Comments (0) Cite this document
Summary
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…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98.7% of users find it useful
Economic Colonization and a North-South Polarization
Read Text Preview

Extract of sample "Economic Colonization and a North-South Polarization"

Download file to see previous pages 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. ...Download file to see next pages Read More
Tags
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Economic Colonization and a North-South Polarization Term Paper”, n.d.)
Economic Colonization and a North-South Polarization Term Paper. Retrieved from https://studentshare.org/macro-microeconomics/1573040-please-help-me-to-pick-a-topic-for-this-essay
(Economic Colonization and a North-South Polarization Term Paper)
Economic Colonization and a North-South Polarization Term Paper. https://studentshare.org/macro-microeconomics/1573040-please-help-me-to-pick-a-topic-for-this-essay.
“Economic Colonization and a North-South Polarization Term Paper”, n.d. https://studentshare.org/macro-microeconomics/1573040-please-help-me-to-pick-a-topic-for-this-essay.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Economic Colonization and a North-South Polarization

North and South Korea

...? 3 May, Analysis of conflict between North and South Korea After the Second World War, both US and Russia being the big powers intended to rule Korea. This caused Korea to divide into North and South Korea with North becoming the communist under the influence of Russia and South becoming democratic like US. After North Korean invasion into the South in 1950, US intervened to help South Korea (RoyChoudhury). North Korea and South Korea have perceived by each other as enemies for more than 5 decades now. Analysis of the history of relations between North Korea and South Korea suggests that the two countries had never had a peace treaty with each other. About 57 years ago, North Korea together with her allies and US along with her allies...
2 Pages (500 words) Essay

The Strong Industrial Economy of South Korea

The scarcity of natural resources in South Korea did not hinder the ingenuity of its people in realizing that there is an economic aspect that it has the highest strength, the labor force. The modern economic development enjoyed by many of the citizens of the country was established by its strong labor force. Nevertheless, the success of Korea’s lift towards industrialization is not primarily due to its emphasis on technological advancements but its reliance and a great investment in human resource development and in persuading large companies to compete in the global markets (Chung 2007).

This research proposal will deal with two themes; the first one is the changing relationship between industrial relations and...
15 Pages (3750 words) Research Proposal

Business in Japan and South Asia

The Allies later overthrew it. ‘In the heyday of the main bank system, a stable system existed in which banks and other financial institutions mobilized and allocated savings in a high-growth economy regulated by controls over a loan, deposit, and bond issue interest rates.’ (Masahiko Aoki & Hugh Patrick, ‘The Japanese Main Bank System’ p 21).
The structure of the keiretsu was analogous to the tree layout or branched format. It was this very structure that also seems to have lent a lot of stability in the early years of its inception. Each major keiretsu had one particular bank as its primary funding nucleus. This bank lent a specific keiretsu’s member companies money because they held positi...
10 Pages (2500 words) Case Study

Strategies of the South African Government

Maslow has argued that security and safety are required by all human beings (Boeree 2006). According to the Federation Internationale de Football Association (2009), Uruguay was the first nation to host the Fifa World Cup. In 2010, South Africa would be the first African nation to host the next World Cup. But Euromonitor (2009) considers that South Africa is a country with a significant rate of insecurity that would influence the trip to South Africa. Various security strategies will have to be reviewed by the South African Government in order to implement security and safety during this big event (Republic of South Africa, 2008). To accomplish the safety of the tourists during the World Cup 2010, many South African cities have in...
17 Pages (4250 words) Research Proposal

Bernard Madoff : A Scapegoat of the Economic Crisis

Darwin was condemned and treated with contempt by the Church for proposing the theory of evolution that linked all living matter in the earth, including humans. In the case of Bertrand Russell, he was imprisoned as a conscientious objector, for expressing his opposition to British participation in the First World War. These are typical examples of people being wrongfully punished when they were guilty of no crime or fraud or misdoing. It would be highly improper to associate Bernard Madoff with the aforementioned luminaries, for he was truly guilty of carrying out the biggest financial fraud in modern history. At the same time, it would be simplistic to classify him as a victim of the contemporary judicial system. The truth, in fa...
6 Pages (1500 words) Assignment

Economic Models: The Free Market and The State Owned System

The free market concept is mainly a theoretical concept as every country, even capitalist ones place some restrictions on the ownership and exchange of commodities (Free market economy). Therefore, the term free-market economy primarily means a system where the buyers and sellers are solely responsible for the choices they make. It gives the buyers and sellers the power to do business without being afraid of any regulations and intervention by the state. Hence, a free market gives the absolute power to prices to determine the allocation and distribution of goods and services (Free Market Economy). The pricing mechanism is in turn, driven by the forces of demand and supply of goods and services. Demand and supply of...
9 Pages (2250 words) Case Study

Economic Analysis on BMW Cars in the US Car Industry

Mini and the 1-series rapidly grew at a much higher rate through 2008. Since the early days of the new millennium, BMW has been one of the first automakers to utilize flexible factories in which more than one vehicle model could be produced at the same time. This enabled the company to meet shifts in market demand more effectively than BMW’s competitors could. BMW challenges to retain its market position in the international market for luxury cars. Many automakers, such as Hyundai with its Genesis sedan or Nissan's Infiniti brand are increasingly successful in realizing higher margins earned on luxury vehicles. BMW is rated behind luxury brands such as Lexus, Porsche, Mercedes, and Infiniti for these reasons

1. Th...
7 Pages (1750 words) Case Study

Multiculturalism: Socio-economic Impacts on Modern States

This paper tends to argue that multicultural policies have promoted social segregation and economic insecurity in modern states. As the most relevant example, it will also evaluate how multicultural policies have evolved to be the most recent threat to the nationality and cohesion of Australia and the United Kingdom.

To begin with, many of the policies enacted on citizenship and immigration have brought about incessant controversy in Australia. In addition, the exceeding emphasis put on the multicultural policy has given rather unfavorable outcomes to both Australia and the UK. Policies that are intended to ensure equal representation and opportunities often create frustration and disappointment among certain interest g...
6 Pages (1500 words) Case Study

The 1846 Invasion into Mexico by the U. S.: The Political and Economic Forces that Brought about the Invasion

Some of the territories led to a war with Mexico from which the United States emerged victorious, expanding its territories and decisively establishing its dominance in North America.

President Andrew Jackson led an example of an administration that set the stage for the way in which James Polk would lead. In 1817, as a still yet military leader, Jackson led the United States into the first of three conflicts with the Seminole Indians from which the acquisition of Florida from Spain would be negotiated and finalized. The situation with Spain was tenuous and should have been dealt with in a diplomatic and cautious manner, but in 1817 President Monroe wrote a letter to General Jackson stating that “Great interests...
8 Pages (2000 words) Article

North Carolina Wake County Busing Policy

To ensure that the education sector is diversified it is seen that in the United States of America many such policies have been implemented. In 1970s diversity was considered an important tool by the educational experts so that they could help students understand each other. The board of education of North Carolina then formulated a scheme for students through which they could practice a diversity of races in schools. This was known as the North Carolina Wake County Busing Policy which was functional till the late twenty-first century. It was now in July 2010 that the issue was raised again by the educational board members who then decided to scrap the policy of diversity with community-based schools. (Liane Membis 2010; Stacy Tei...
7 Pages (1750 words) Case Study

Economic and Social Impact of Globalization

Global corporations are heightening their awareness of the nature of their business relationships with diverse governments considered of primary importance to manage factors influencing their performance. From among the elements that global organizations closely and continuously evaluate, the social and economic impacts are considered of significant importance. As the components and diverse perspectives of globalization affect both the host organizations and those nations they do business with, this research aims to proffer significant social and economic issues that impact global strategies.

The concept of globalization encompasses theories beyond the traditional view that global corporations merely do business abroad....
7 Pages (1750 words) Coursework
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Term Paper on topic Economic Colonization and a North-South Polarization for FREE!

Contact Us