Globalization Essay

2149 Words Jan 26th, 2014 9 Pages
Globalization Has Increased Poverty
Although the concept of globalization is very recent, it has existed throughout the history. Globalization began to take greater height from the Industrial Revolution 200 years ago in England which was the most developed countries in the world. Technological and political changes have changed the meaning of globalization. Today, the term globalization is defined as “the process enabling financial and investment markets to operate internationally, largely as a result of deregulation and improved communications. It is the social, political and economic integration that comes with the increased flow of trade, people, capital, and ideas” (Steger). The purpose of this essay is to show how globalization has
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Many people have been negatively affected by the era of the globalization. Antiglobalizers affirm that globalization is making the rich countries richer and the poor countries poorer. Dave Curran, a specialist who have made many research about the impact of globalization in developing nation, argue that hundreds of millions poor people have noted their economic situation worse since the inequality of wealth in many countries especially on developing countries has increased to levels never seen before. After long study’s analysis made by expert, they has come with the conclusion that developing countries in South America and southern Africa have a very high inequality of wealth. However, developed countries such as Canada, the United States and European countries have a low inequality of wealth. “In 2006, the per capita income of the developed countries was 18 times that of developing countries” (Self-Driven). Poor people face many problem and lack of opportunity finding jobs. Professional has showed clearly that due to lack of access to capital and opportunities to learn new skills, it is hard for poor people to find a job. Moreover, Sachs has proved that the government does not support people who are living in extreme poverty because it does not provide clean water, modern sanitation, and professional health care. Statistic shows that there are “some 129 million fewer people were living in extreme poverty than in 1990, the numbers of the extreme poor in

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