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

International studiesGrowth Development of Nations - Essay Example

Comments (0) Cite this document
Summary
Globalization has brought the whole world into a single sphere or atmosphere wherein the world, especially the economic world, has seen great transformation from single nation company to multinational company. Tina Rosenberg's 'Free Trade Fix' is critical review of the diversified impacts of globalization on developed, developing and underdeveloped countries…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94% of users find it useful
International studiesGrowth Development of Nations
Read TextPreview

Extract of sample "International studiesGrowth Development of Nations"

Vedanta Kumar International Studies 09 September Globalization - Diverse Impact on the Nations Globalization has brought the whole world into asingle sphere or atmosphere wherein the world, especially the economic world, has seen great transformation from single nation company to multinational company. Tina Rosenberg's 'Free Trade Fix' is critical review of the diversified impacts of globalization on developed, developing and underdeveloped countries. According to Ellwood, the expansion of trade in goods and services between countries is believed to be the key to a more equal, peaceful and less parochial world and that the free market is the engine of human progress (10). This is evident as big companies have established their base in other smaller and poorer countries which also helped in providing employment opportunities to their population. It has also helped in transfer of technical know how, transfer of knowledge, export and import of goods and services, etc. But, as rightly stated by Rosenberg, globalization, which was meant to signify unity and integrity has no way proved to be successful instead resulted in cold war between countries for their share in the global market.
Further, it is mentioned by Ellwood that gaps between rich and poor are widening and decision making power is concentrated in the hands of few developed and powerful nations (11). Rightly so, Rosenberg mentions in the article "Free Trade Fix" wherein the right to make decisions lie in the hands of IMF which is controlled by the United States and other European countries. The scenario of Puebla State in Mexico where the farmers cultivating corn have become the victims of globalization due to cheap corn being imported from US as part of free trade agreement between the two nations. The globalization has resulted in great opportunities like transfer of skills, employment, transfer of goods and services, etc. but it has all happened in pursuit of cheap labor in poor countries. There are lots of companies like Microsoft, Google, Volkswagen, Dell, and many more that established base in India. But what they offer is low salary as compared to what is paid in other developed nations.
The globalization has profited developed nations' the most than the poorer nations. The United States has very much benefited by the policies by subsidizing the corn industry helping the US farmers thereby exploiting the poorer nations to import American corn weakening the corn industry in Mexico thus starving the people surviving on corn cultivation (Rosenberg, 7). If the economic policies are battered for the poor rather than developed nations, it may yield better results because the main objective of the globalization is to unite the whole world and bring human being into one roof. Globalization can help the vast majority of the population if it is seen as an end in itself instead being treated as tool in service for development; a way to provide food, health, and education to the wretched of the earth (Rosenberg, 11). The world forums and group of developed countries should formulate a policy which is targeted towards providing benefits to the poor and very poorer countries to alleviate the poverty.
Works Cited
Ellwood, Wayne. The No-Nonsense Guide to Globalization, The United Kingdom, New International Publications Ltd., 2001, Print.
Rosenberg, Tina. The Free Trade Fix, New York, New York Times Company, Aug 18, 2002, Print Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“International studiesGrowth Development of Nations Essay”, n.d.)
International studiesGrowth Development of Nations Essay. Retrieved from https://studentshare.org/miscellaneous/1510507-international-studiesgrowth-development-of-nations
(International StudiesGrowth Development of Nations Essay)
International StudiesGrowth Development of Nations Essay. https://studentshare.org/miscellaneous/1510507-international-studiesgrowth-development-of-nations.
“International StudiesGrowth Development of Nations Essay”, n.d. https://studentshare.org/miscellaneous/1510507-international-studiesgrowth-development-of-nations.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF International studiesGrowth Development of Nations

The United Nations and international order

... to determine what amounted to the correct political ideologies for keeping the peace among nations and what amounted to a potential breach of the peace. Not only is this inconsistent with the idea of international cooperation it is also inconsistent with Article 1(2) of the UN Charter which provides that the purpose of the UN is: To develop friendly relations among nations based on respect for the principle of equal rights and self-determination of peoples, and to take other appropriate measures to strengthen universal peace.12 Further difficulties however, in achieving international cooperation are implicit in the international organization in which the UN is shrouded. The UN as an international institution consists of many different...
14 Pages(3500 words)Essay

United Nations and International Human Rights

...?United Nations and International Human Rights Introduction The United Nations is the governing ity for international affairs. It is the body which ensures that international relations between nations and between the citizens of the world are protected and managed. The United Nations has various governing bodies and arms which cover a variety of political concerns in the international scene. One of these concerns is international human rights. Securing international human rights is an essential responsibility of the United Nations, one which requires their legislative authority as well as their executive and adjudicatory powers. The protection of these rights by the UN however has been criticized as inadequate and inefficient, especially...
15 Pages(3750 words)Essay

United Nations And International Law

... is appointed by the UNGA with the assistance from UNSC and serves a five-year term, which is renewable. The secretariat is the core body of the United Nations and runs most of its day-to-day activities, coordinating the mandate of the United Nations all over the world. The range of duties includes but not limited to overseeing peacekeeping operations in volatile countries, meditation of international disputes amongst countries, surveying economic and social trends, and research and enforcement of human rights and enhancing sustainable development. The other key role of the Secretariat staff is to inform and issue a communiqué to the international community of the roles of the United Nations amongst other functions. In the year 2011...
12 Pages(3000 words)Essay

United Nations and International Peace

International peace is a prerequisite to any country's progress and prosperity that determines the country's development both in terms of social and economic aspects. For decades, terrorism has been a nightmare for countries, which will collapse the economic and social set up of a country and hurdle its economic growth and development. At this juncture, the present essay is relevant as it deals with the role of United Nation's role in preserving and encouraging peace among the member countries. The essay further examines the role of the UN in monitoring and maintaining peace across the world as an international agency in the context of its powers. The essay takes a critical approach to the success and failure of UN in internat...
4 Pages(1000 words)Essay

United Nations, focused on international law

...United Nations At the end of World War II, fifty-one countries committed to preserving peace through international cooperation and collective security established the United Nations on 24th October 1945. Today, nearly every nation in the world belongs to the UN and its membership totals 191 countries. Each member country has to obligate to all the requirements of the UN charter. This charter is an international treaty designed to protect future generations from the scourge and curse of war and written to affirm fundamental human rights. The purposes of the United Nations, as set forth in the Charter, are to maintain international peace and security; to develop friendly relations among nations; to cooperate in solving international economic...
4 Pages(1000 words)Essay

The BRICS Nations in International Business

...The BRICS Nations in International Business Abstract The emergence and importance of the BRICS in international business is a reality that for years had been underestimated. In the past decades, countries forming the BRICS umbrella, that is, Brazil, Russia, India, China, and South Africa, have long been perceived only as recipients of international aid. Their position in global trade as development players or partners was overlooked, as most countries eyed the Americas, especially North America, and Europe. However, this position has since changed. The significance of the economies of these countries in the international business platform today can no longer be downplayed (Jain, 2006). This paper will therefore, discuss the economies...
8 Pages(2000 words)Research Paper

UNITED NATIONS AND INTERNATIONAL LAW

... Task 3: Historical Challenges of UN Peacekeeping in Africa Since its formation in 1945, United Nation has been involved in multiple roles ranging from maintenance of peace, environmental concern, and protection of human rights from state abuse. Arguably, the most intense role that has been clearly labeled includes conflict resolution and peacekeeping. Following increased East-West dialogue, the role of UN has been stepped up, and duties and responsibilities continue to expand. After World War Two, the United Nations was seen as the new world organization that would stamp its authority in protecting nations from verge of wars. Its formation was with an aim of with promoting dignity and good international relations, uphold good...
12 Pages(3000 words)Assignment

International Development

I agree with the statement that the European Union’s unity risks collapsing under more traditional European tension. A look at the member nations of the European Union, 27 at last count, shows a wide diversity of languages and religions. The EU has become so unwieldy it is a miracle they can agree on anything at all and will likely collapse under its own weight to go the way of the Soviet Union. However, in the short term, the EU continues to grow and accept new member states, with possibly Croatia and Turkey being next.

The Iraq War has been a source of controversy for the European Union, with some member states supporting the United States. There are indications that the European Union will no longer be supporte...
10 Pages(2500 words)Assignment

International Trade Theory

 Further to this, it is also believed that international trade can bring substantial economic welfare to the countries however still most of the countries do not view it as a favorable thing. Despite having a very promising and bright outlook, international trade has been largely viewed with suspension and it is because of this that governments impose barriers to restrict international trade. There can be many reasons behind this act of imposing restrictions or blocking international trade however there are also benefits on the other side too.

International trade has driven the attention of many of the brilliant minds in economics therefore the origins of the economic theory on international trade owe much to the c...
6 Pages(1500 words)Case Study

Globalization and International Business: Starbucks Corporation

The Small Business Encyclopedia defines globalization as the process by which the economies of countries around the world become increasingly integrated over time. This integration occurs as technological advances expedite the trade of goods and services, the flow of capital, and the migration of people across international borders (globalization, Answers.com).
The shreds of evidence of globalization are all around us. For example, Hill (2005) cites an example of an American driving a car designed and produced in Germany that was assembled in Mexico from components made in Japan fabricated by Korean steel and Malaysian rubber. The car is filled with gasoline from oil pumped from off the coast of Africa, at a service station o...
12 Pages(3000 words)Case Study

The Effect of Democracy on Chinese Development

Any country first needs to go through economic liberalization and political liberalization before finally settling into a stable democratic situation. Democracy should not at any one point be viewed as if it were socialism, but should be seen as a means of promoting economic development through accountability and protection of individual lawful rights and interests...accountability in the sense that the respective leaders are able to fight corruption, enhance social harmony, strengthen public trust and more importantly empower government institutions that are directly in touch with the people (Liu, 2008, p.1-2). Owing to the Chinese well informed and affluent society on top of having a very dynamic economy, the political change wh...
7 Pages(1750 words)Coursework

Potential Benefits of International Trade

... of some region compared to other and consumer tastes and preferences. Developing economies are experiencing lower costs of production of various commodities. Korea, China, Indonesia and India, for example produce services and goods at very low costs compared to EU and USA’s. This has led to the developed regions placing high levels of restrictions to the Asian countries. A major product component that’s very common in the current world’s international trade is oil and petroleum products. For instance in 2005 alone, USA utilised about 26 barrels of oil per single day. American usually imports natural gas liquids, refined commodities and crude oil. Very big amounts are brought into the world market by a group of nations under the umbrella...
6 Pages(1500 words)Coursework

Marks and Spencer Organizational Development Process

... of organizations culture towards problem solving: Employee involvement is crucial in the organizational change. The organizational change should be covering the entire organization starting from the top to down. There should be a change in the attitudes and behaviors of the company. In order to introduce change, the company should determine the strategy of producing the best results. Client and Practitioner Considerations: The organization should choose the organization development practitioner i.e. whether internal or external consultant. Consulting with both change agents has its own advantages and disadvantages. The internal practitioner may be some top level professionals like Vice President, Human Resource and a supporting team...
7 Pages(1750 words)Case Study

United Nations Conference on Trade and Development

... related matters (www.mdg-trade.org). The UNCTAD came into being in 1964 thus fulfilling a long felt need for an intergovernmental organization and is the main body that coordinates efforts on international trade, investment and related development issues between the UN General Assembly and the member countries. It was the result of some concerted efforts made by developing countries to find a common forum to voice their concerns over trade. Its principal functions include the integration of individual member economies into the global economy and create conducive circumstances to help developing nations to achieve trade and investment targets. UNCTAD has a membership of 193 countries now. With a total annual...
12 Pages(3000 words)Research Paper

International Security Studies: Examination

Globalization affects international security in the sense that problems involving terrorism, the environment, religious extremism, weapons of mass destruction, and the economic crises have become more universal and widespread in character (Ivanov “Article”). As a result, these issues pose a greater threat to national and international stability and safety. More lives are now affected by threats to international security; these threats did not seem too ominous before the entry of globalization. Consequently, some extremists justify the use of mass weapons of destruction in order to guarantee their security. And as globalization continues to expand and to grow bigger as a phenomenon, threats to international security are...
7 Pages(1750 words)Assignment

International Law: Child Soldiers

Using children to fight wars is not only morally abhorrent but very bad very the physical and mental health of the children in question. That is in part why a series of international laws and treaties have come into effect to try to deal with this scourge. But the issue is more complicated than that. While child soldiers are victims of war crimes, they too can also perpetrate serious breaches of the law of armed conflict. Under normal circumstances, individuals who commit such acts, be they combatants or not,2 would be vulnerable to prosecution. However, because children in such situations are victims as well as perpetrators and because of the special protections afforded to children under international law, many have questioned w...
8 Pages(2000 words)Case Study

International Affairs v. Liberalism

As a matter of fact, Hoffman’s statement that “international affairs is the nemesis of liberalism” has a grain of truth in it and this is especially so after the 9/11 incident.
There are two schools of thought or perspectives that are used to view international affairs: liberalism and realism. The study of these two perspectives is significant to the idea posed by Stanley Hoffman because they determine the reasons why international affairs, according to him, does not only see eye-to-eye with liberalism but seems to stand on the opposing side of it.
Liberalism can be defined as having four elements: citizens; the legislature; property rights, and; a market-driven economy (Dunne 186). Realism, on the othe...
6 Pages(1500 words)Assignment

Cognitive Development in Childhood

The significance of cognitive development among children lies in the fact that the children learn, acquire and develop cognitive and social skills along with other interpersonal skills that help them grow as competent individuals.

This paper addresses the key issues of the development of cognition in children between three to five years. In this context, various theories of cognitive development are discussed briefly along with special reference to the cognitive theory of Piaget. The paper also looks carefully into the relevance of cognitive development during this age upon the development of other areas and skills of the child.

When it comes to the cognitive development of children, the name of Piaget is und...
7 Pages(1750 words)Assignment

International Business: World Economic Forum and Davos 2010

... sense power consumption and power quality. A modest sheet of paper, 50,000 thinner than human hair, when stacked, nets a material 500 times stronger than steel and is changing the way airplanes, automobiles and electronics are made (Alpern, 2009). International Technological collaborations are taking place in the form of strategic alliances, joint ventures and intimate supplier-producer relationships. Such collaborations include activities such as joint development agreements, technology sharing and R&D contracts amongst others (Rycroft, 2002). ICT has pervaded every aspect of business and today the value chain depends on the use of technology to link the customers and suppliers. In the current dynamic and global markets, technology...
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 Essay on topic International studiesGrowth Development of Nations for FREE!

Contact Us