Globalization

Paper Summary:

This paper explains that, although it could be easily assumed that globalization is apt to benefit the poor developing countries in a positive manner, the facts state differently because of the negative impact upon these regions. The author points out that the economic exploitation of poorer countries by the world's industrialized nations underlines much of the over-exploitation of tropical ecosystems by populations left without land or employment. The paper relates that the five countries of the largest rainforest areas are among the most heavily indebted countries in the world, putting them under extreme pressure to harvest their rainforests for debt repayment.

Table of Contents
Statement of Thesis
Introduction
Customs, Economies, Political Policy, Trade Interactions and Other Factors
Outcomes Discussed

From the Paper:

"Child labor, forced labor and discrimination are those needing elimination. Barriers to the individuals of developing countries are factors of low educational attainment and low level of skills. The wage differentials between workers who are skilled and/or educated and workers who are not skilled and/or educated are growing larger. The overall lack of technical skills and information technology skills is specifically noted as a factor in developing countries. Trade liberalization and other economic reform programmes tend to be sensitive to their likely social impact. Specifically mentioned were the price changes on the poor, of the possible destruction of markets important to poor producers."

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