Emerging countries have the moral basis to claim Aid from Wealthier nations. High-income countries have the moral obligation to help them. For the hammer and the imposition of an economic order, that day by day affect developing countries, decreasing the quality of life of their people. In 1970, a new economic model was implemented, called “globalization,” a model that integrates and regulate how the international community interact. This trade agreement represents an agreement between states to exchange with one and another by most-favored nations status and to negotiate business deals by reciprocity (Rosenthal, 260).
This global interaction has been regulated by a series of norms, which favorited Wealthy Nations over developing nations, Such as, the international Tarif and non-tariff measures for importation. Recently, researchers of the international trade regime have found that the tariffs used by industrial nations bear more heavily on products of export interest to developing countries than in imports to industrial nations. …show more content…
Also. These duties, are imposed on labor-intensive products in which development countries are high (Rosenthal, p.263). For example, development countries manufacturers are based on textile and clothing, for production, they need an intensive labor for this mass production to respond the international demand. This product, are also protected by the tariff imposed on textile, being three times higher than the intensive labor. It produces an advantage to industrialized countries, to import textiles or clothing at low cost. Also, the incentive or subsidy in agriculture of industrialized nations undermining the performance of developing countries. For example, in research reported by Environmental Working Group, found that in 1995, the United States, the world’s largest cotton producer, paid its cotton farmers 32.9 billion to grow they crop between 1995 to 2012. Creating and over-production of cotton, more than what they need, lowering the global price, pre-empty markets, making difficult to developing countries the global competitive. It looks like, higher tariffs are imposed on products in which developing nations have the advantage, favorizing industrialize countries in the world market. Due to the fact, that they import those products for a minimum cost. This trade practice and rules imposed by Industrial countries in the global market through globalization. Moreover, it looks like globalization is rigid by rules and norms designed by an international economic regime, in which wealthy nations have had a powerful and quasi-dominant voice. …show more content…
These rules of exportation tariffs described above, and regulations for patented and copyright, in technology, which slow the diffusion of technology, due to the fact, that copyrights protect them. In this case, if a country would like to access to this technology, they should pay rent to the owner, that in more cases are industrialize countries, such as, the United States, who in 2015 led to around 57,385 international patent applications filed that year. (Rosenthal, p. 281) (Statista). Also, they also cost with rules, that makes the U.S dollar the main currency, due to the fact, that U.S has the primary financial system and international capital mobility. Such rules and mechanism, are the incongruity of the International Globalization. The market has the inclination to favor those nations. Who has the financial and industrial power, Giving them more flexibility, gains and other, making these nations, even more, wealthier, on the other hand, developing countries does not have the same opportunity, creating an unfair market for them, and therefore,
This global interaction has been regulated by a series of norms, which favorited Wealthy Nations over developing nations, Such as, the international Tarif and non-tariff measures for importation. Recently, researchers of the international trade regime have found that the tariffs used by industrial nations bear more heavily on products of export interest to developing countries than in imports to industrial nations. …show more content…
Also. These duties, are imposed on labor-intensive products in which development countries are high (Rosenthal, p.263). For example, development countries manufacturers are based on textile and clothing, for production, they need an intensive labor for this mass production to respond the international demand. This product, are also protected by the tariff imposed on textile, being three times higher than the intensive labor. It produces an advantage to industrialized countries, to import textiles or clothing at low cost. Also, the incentive or subsidy in agriculture of industrialized nations undermining the performance of developing countries. For example, in research reported by Environmental Working Group, found that in 1995, the United States, the world’s largest cotton producer, paid its cotton farmers 32.9 billion to grow they crop between 1995 to 2012. Creating and over-production of cotton, more than what they need, lowering the global price, pre-empty markets, making difficult to developing countries the global competitive. It looks like, higher tariffs are imposed on products in which developing nations have the advantage, favorizing industrialize countries in the world market. Due to the fact, that they import those products for a minimum cost. This trade practice and rules imposed by Industrial countries in the global market through globalization. Moreover, it looks like globalization is rigid by rules and norms designed by an international economic regime, in which wealthy nations have had a powerful and quasi-dominant voice. …show more content…
These rules of exportation tariffs described above, and regulations for patented and copyright, in technology, which slow the diffusion of technology, due to the fact, that copyrights protect them. In this case, if a country would like to access to this technology, they should pay rent to the owner, that in more cases are industrialize countries, such as, the United States, who in 2015 led to around 57,385 international patent applications filed that year. (Rosenthal, p. 281) (Statista). Also, they also cost with rules, that makes the U.S dollar the main currency, due to the fact, that U.S has the primary financial system and international capital mobility. Such rules and mechanism, are the incongruity of the International Globalization. The market has the inclination to favor those nations. Who has the financial and industrial power, Giving them more flexibility, gains and other, making these nations, even more, wealthier, on the other hand, developing countries does not have the same opportunity, creating an unfair market for them, and therefore,