Globalization
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Title: Globalization

Essay Details:

Subject: Social Issues
Author: Lindsey A
Date: April 22, 2015
Level: University
Grade: B
Length: 3 / 608

Essay text:

Globalization, polarization, wealth concentration and marginalization are therefore linked through the same process. In this process, investment resources, growth and modern technology are focused on a few countries (mainly in North America, Europe, Japan and East Asian NICs). The basic facts are known: 20% of the world?fs population live in absolute poverty, with an income of less than $1 per day. Surviving on less than $2 a day is a reality for almost half the people on the planet. ?iA majority of developing countries are excluded from the process, or are participating in it in marginal ways that are often detrimental to their interests; for example, import liberalization may harm their domestic producers and financial liberalization may cause instability...

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