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[worldviralnewstopic]

Top 8 Dog Breeds for People in Developed Countries. READ MORE

[legalupanishad]

Globalization is favoring the global north: Explanation 2022

This article on 'Do you think Globalization unduly favors the Nations from the global north?' was written by an intern at Legal Upanishad.

Introduction

The significance of international commerce and globalization cannot be overstated since no country can thrive in the current economic environment if it is to exist. If one nation needs raw resources, another requires capital products, and yet another requires inexpensive labour. As a result, global interactions are critical for maintaining demand-supply chain consistency and appropriate supply chain management. Furthermore, both advanced and emerging countries are affected by globalization. Globalization benefits developed countries because it provides them with cheap and trained labour. Furthermore, raw material requirements have been met by international commerce between developed and emerging nations. Because of globalization, this is now achievable. But it can be seen that globalization is favoring developed countries in several ways over developing countries.

What is globalization?

Globalization is conceptualized as a way that, based on global tactics, tries to grow commercial activities on a massive level. It was triggered by technological improvements, as well as economical, geopolitical, and ecological advancements, which facilitated communication systems. Globalization aims to provide businesses with us with a competitive advantage by lowering operational costs and increasing the number of goods, resources, and customers available. This competitive advantage is acquired via resource diversity, development, and the emergence of new investment possibilities by expanding markets and gaining access to new raw materials. Diversification of assets is a marketing strategy that broadens the array of goods and services available to businesses. Diversification improves organizations by reducing organizational health risks, extending interests across several sectors, capitalizing on market possibilities, and purchasing both lateral and vertically oriented businesses. The IMF, the UN, and the WTO define industrialized or advanced regions as countries with high levels of economic growth and that meet definite socio-economic status requirements primarily on socioeconomic hypotheses, such as gross domestic product (GDP), industrial growth, and HDI (WTO). Norway, Ireland, Switzerland, Iceland, Hong Kong (China), Germany, Sweden, Australia, the Netherlands, and Denmark are the top 10 industrialized nations according to these classifications.

What are the global north and the global south?

About 149 million km2 of the Planet's 510 million km2 total land area is made up of land. The northern hemisphere accounts for 67 percent of this territory, and 90 percent of the world's population is likewise located here. For these causes, from the perspective of the planet's population, economics, and geopolitical, the border between the North and the South is located much more to the north, along a dividing line that roughly parallels the 30th northern latitude parallel. The two human-geographic zones more closely relate to the mental standard or the idea that humans are a part of the world (Neguţ, 2011, p. 159). The vast empires and highly developed technological and economic nations that have ruled the globe for the previous 500 years, shaping its history and playing home to all the important events, are located on the surface of the North. It spans America, Europe, Asia Minor, the former Soviet Union, and East Asia. The South is a location of immigration for people and cultures in the North, a source of raw materials for industrialized nations, and it is synonymous with economic uncertainty, destitution, and imperialism. The South comprises Oceania, Africa, Southwest, South, and South Asia, as well as Latin America and the Caribbean. Throughout antiquity, there has been a constant rivalry between the South and the North. The South, where the majority of history was recorded, predominated the civilized countries, kingdoms, culture, large cities, commerce, and technical advancement until 1500. Following this time, the North became dominant, with its kingdoms and culture engulfing the whole South. In essence, the South was thought of as the land of the North between the years 1500 and 1950, having lost all of its empires, kingdoms, cultures, and populations.

Globalization is favoring the global north

Globalization is favoring the global north

There are numerous instances of favoring of global north through the process of globalization. Some of them are as follows: - Globalization as an Order from the Rich, or Developed Countries: Some opponents of globalization even go so far as to refer to it as a coerced decision instead of a choice that the people of the world made democratically. Utilizing business tactics and methodologies, the process has been guided by corporate objectives. Governments have aided through small-scale policy adjustments as well as bigger acts that were frequently performed covertly, without presidential debates or deliberations on the direction that the society was being pushed by the overall process of globalization. Policies were the target of extensive propaganda operations by the involved business media in the event of several significant measures promoting the globalization process, such as the adoption of the North American Free Trade Agreement (NAFTA) or entering the European Monetary Union (EMU). This led to the formation of various organizations which are mostly led by developed countries like the UK, USA, and the rest of Europe which leads to the abuse of the developing countries i.e. global south. - Unequal Benefit Distribution: This undemocratic system, which was disguised as democratic, was at odds with how the expenses and advantages of globalization have been distributed. The reality is that globalization has been used as a weapon to further the interest of the privileged few i.e. developed nations. Other unplanned effects of globalization, such as the restraint of wage costs and the dwindling of the welfare system, which permitted the corporate minority to reestablish control over the government and decrease its capabilities to fulfill the needs of the vast majority, have all made a significant contribution to the democracy's downward trajectory. - Source of Repeated Economic Crises: Since the Third World debt crisis that began in the 1980s through the Mexican collapse of 1994–95 and the South East Asian economic collapse of the 1990s, economic collapse has grown increasingly severe and worrisome for the new global order. The gap between the strength of uncontrolled financial forces and that of states and regulatory agencies has grown as a result of growing privatization and deregulation, which has also increased the likelihood of a worldwide financial collapse which has affected developing countries a lot. - Cheap labour availability: Globalization has also allowed developed countries to make use of the cheap labour available in developing countries and benefit themselves while harassing the population of a developing country. This can be seen in Bangladesh where most of the jeans factories are situated in developed countries only because cheap labour is available. - Increased Protectionism and Neocolonialism: The corporate elite of many governments has all been working to promote international accords and World Bank and IMF policy moves that will strengthen their capacity to influence electoral governance to act in their favor and defend their wealth. Globalization has given rise to a new kind of MNC protectionism instead of the rich and developed countries' conventional protection, which is doubly harmful to the economy of all nations, especially those in the Third World.

Conclusion

In conclusion, every nation around the globe has been impacted by the globalization process. Globalization has an impact on developing nations like India, Lebanon, China, Syria, Iraq, Jordan, and several African nations. Whether this impact is favourable or harmful, it has affected the economy of these nations. Globalization has generally been criticized for making the wealthy richer i.e. developed nations while leaving the non-rich i.e. developing nations worse. "It's great for executives, proprietors, and shareholders, but it's horrible for the workforce and the environment." Even though the goal of globalization is to eliminate all trade barriers there are still many of them. For instance, VATs on imports are levied in 161 nations and discrimination can be seen because of globalization where it can be seen favouring developed countries like the USA.

References

- Mike Collins, The Pros And Cons Of Globalization, available at The Pros And Cons Of Globalization (forbes.com) - Dinesh, Globalization: Arguments For And Against Globalization, available at Globalization: Arguments For And Against Globalization (yourarticlelibrary.com) -  NICOLAS A. POLOGEORGIS, How Globalization Affects Developed Countries, available at How Globalization Affects Developed Countries (investopedia.com) - Role of globalization on developed countries | EssayRX - How Globalization Affects Developed Countries (investopedia.com) - Luca DIACONESCU, GLOBAL COMPETITIONBETWEEN NORTH AND SOUTH, Revista Română de Geografie Politică - The Pros And Cons Of Globalization (forbes.com) Read the full article

[habibkonate-blog]

Habib Konate - The Best Business Management Advisor

Habib Konate’s long-term goal is to become a national-level policy adviser. He wants to use his steady commitment and drive to bring more poise and self-sufficiency to the citizens of developing countries.

[drnishajaingynecologist-blog]

Death Rates From Breast Cancer In More Developed Countries Are Declining

https://www.drnishajain.com/

[ariken030323]

Clothes that I haven't worn for several years. Clothes that I used to wear but no longer wear at this age. Clothes that I liked but haven't worn for years because I'm fat. Clothes that are not candidates for remake by yourself. I saw someone wearing the same clothes, so I didn't wear them anymore. Whether to throw it away as garbage, sell it on the Internet, or sell it to a used clothing store How to handle used clothes? From the closet, they ask a lot of questions. Is it the Japanese ego of Japan that may be a developed country? I've sold or thrown it away, but this time I decided to send it here. The 3,000 yen I paid and the clothes I sent seem to create employment for people with disabilities in Japan and people in developing countries. It doesn't matter if it's hypocrisy or ambiguous, so I decided to do this this time. もう数年着てない服、昔は着れたがこの歳になって着るのはちょっと...な服、気に入ってたけど太ったから何年も着れてない服、自分でリメイクする候補に上がらない服、同じ服を着てる人を見たから着なくなった服 ゴミとして捨てるか、メルカリで売るか、リサイクルショップに売るか、 服をどうするか？ クローゼットから彼らはいろいろな事を問いかけてくる。 先進国かもしれない日本の日本人のエゴか？ 私は今まで売ったり捨てたりしてきたが、今回はここにお願いすることにした。 私が納めた3,000円と私が送った服が、日本の障害を持つ人や海外の人の雇用を生むようだ。 偽善でも曖昧でも両義的でもなんでもいいから今回はこうすることに決めた。 https://furugidevaccine.etsl.jp/ https://www.unic.or.jp/activities/economic_social_development/sustainable_development/2030agenda/ #clothes #fashion #sdgs #developedcountry #developingcountry #hypocrisy #ambiguous #japan https://www.instagram.com/p/CF_IsIIDlm2/?igshid=dzl7s3c7f9am

[civicdirect]

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[khabarsamay]

Brainstorming on WTO in the Post-Mc11 Phase

A two-day brainstorming meeting on WTO in the Post-MC11 Phase was organised by the Department of Commerce and the Centre for WTO Studies on 19-20 February 2018. The participants included representatives from industry, government, academia, think tanks, civil society and trade policy experts. The objective of organising this 2-day brainstorming was to consult as widely as possible to elicit views on the WTO in the post-MC11 phase. The agenda was comprehensive, covering a wide range of issues such as Agriculture, Services, Investment Facilitation, E-commerce,Institutional Issues, Development, MSMEs and Gender. The meeting witnessed large participation and a frank and intensive exchange of views on all issues, both in the current negotiating agenda of the WTO as well as the issues being proposed for future negotiations by some countries. In his remarks, the Commerce and Industry Minister expressed great satisfaction at the depth and breadth of issues discussed and the insights provided by the participants. He emphasized that special and differential treatment remains a critical aspect of the WTO's framework and this is non-negotiable for India. While some of the new issues being raised by others may also be of relevance to India, existing issues such as agriculture are critical livelihood issues, which are extremely important for India. He emphasised the critical importance of the WTO and drew attention to Hon'ble Prime Minister's remarks at Davos on the importance of multilateralism. Reflecting on India's long membership of GATT/WTO, the Minister stated that India plays a key role in ensuring the continued relevance of the WTO, as this is in the best interest of all countries, without exception. In this context he highlighted the importance India places on the forthcoming informal WTO Ministerial gathering scheduled to be held in Delhi on 19th and 20th  March 2018, on India's initiative, which is likely to be attended by over 50 countries representing the entire spectrum of nations ranging from LDCs, developing countries to the developed countries. Appreciating the enthusiastic engagement by participants, the Minister said that such interactions would be organised regularly. Read the full article

[nepali-sansar-blog]

Global Climate Change

[raniahedia]

#slavelabour#developedcountries #injustice #sadstory #truestory#conservative. Normally I would not sway towards any conservative policies however I have been reading a great deal about slavery in the U.K. I am really surprised to see a great many bussiness in and around london paying youngsters or those less privileged the most ridiculous wage for the most ridiculous labour !! It is outrageous that anyone does this in this time and age and I agree that this should be reported as highlighted by the prime minister recently. Slave labour is unacceptable on any level and people should be treated with respect and dignity it's 2017 !!

[sciencenewsforstudents]

As a man walks barefoot outdoors, unknowingly his feet encounter very tiny worms. Secretly, one or more of the parasites crawl onto his skin — and then through it. Once inside, these hookworms move around until they end up in their victim’s gut. They latch onto their host’s intestines and from there feast on his blood.

This is not the script for some horror movie. It’s what has already happened to roughly one in every four people on Earth. That’s some 1.9 billion people. But a new study in rodents suggests that hosting these hookworms may have some upsides: weight control and a healthier immune system.

Let’s not downplay the fact that hookworms can bring misery. They eat some of their hosts’ blood, leaving them with lower levels of iron. This may make it hard for the bloodstream to carry a normal load of oxygen through the body, a condition known as anemia (Uh-NEE-mee-uh). The worms also can cause painful rashes and stunt a child’s growth and development. Few doctors, then, would ever prescribe the worms to their patients. But the new data do point to how mammals may have evolved to deal with — indeed, accommodate — some common, nasty infections. And people have had a long time to deal with hookworms. Even ancient mummies show signs of being infected.

During the last century, though, hookworm infections have become rare in developedcountries, such as the United States.

In countries that are not so industrialized, “there are lots of infectious diseases, including worm infections,” notes Haining Shi. He studies diseases in children at Harvard Medical School in Boston, Mass. People who live in such countries, he adds, also have lower rates of certain chronic (long-term) diseases than do folks in industrial nations. This prompted Shi’s team to test an idea: Might parasites help prevent some serious, chronic ailments?

Explainer: All about the calorie

The group decided to focus on obesity. One third of U.S. adults are obese. Nearly one in every six children also are overweight or obese. Carrying too much body fat can lead to a host of other serious health problems, including heart disease and type 2 diabetes.

Obesity comes from consuming more energy, in the form of food, than the body uses. But not all bodies use energy with the same efficiency. And Shi’s team now shows that parasitic worms change how efficiently a body uses energy — at least in mice.

[martellthacool]

Liked on YouTube: Japanese new technology 2019 [part 1] #DevelopedCountry https://youtu.be/jkmZPbpJ2yQ

[2minsinfo]

#2minsinfo #mostdevelopedcountries #developedcountries #developed #countries #intheworld #top10 #most

[dailylifedoses]

How #China is #effecting #globaleconomy. http://dailylifedose.com/effect-of-china-on-global-economy-2017/ Lets #discuss here. #Dumping #low #quality #products not only #effect other #economy but also #against the #peoples #right. #facebook #twitter #pinterest #like4like #😔 #worldeconomy #developing #country #developedcountry #dollar #euro

[citiescountriesfactsblr-blog]

[babaalexander]

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