Globalization and poverty are controversial issues. While globalization can lead to economic growth through increased trade and investment, it also widens inequality gaps and disproportionately impacts developing regions. Globalization promotes the interests of developed nations over poorer ones, making them more reliant on unstable foreign industries and employment. However, globalization itself is not the sole cause of poverty and, if implemented carefully and inclusively, it could still help develop nations compete internationally. The relationship between the two phenomena is complex with reasonable arguments on both sides.
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Its well designed and much easy to view the whole globalization .Its contains detaid information about globalization causes of globalization effects of globalization law of globalization and analysis of advantages and disadvantages of globalization.
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This ppt file contains complete information about galobalization and its very simple to present because its very relitive to the topic.
I present this to my class and got 10/10.
Its well designed and much easy to view the whole globalization .Its contains detaid information about globalization causes of globalization effects of globalization law of globalization and analysis of advantages and disadvantages of globalization.
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Definition of globalization. Types of globalization. Advantage of globalization: Cultural impact of globalization.Economic impact of globalization. Disadvantages of Globalization
On the great disparity between the Global North and South Today. It also presents two schools of thought on the causes of disparity i.e., Classical Liberal Economic Theory and Dependency Theory.
Reference: Kegley
Definition of globalization. Types of globalization. Advantage of globalization: Cultural impact of globalization.Economic impact of globalization. Disadvantages of Globalization
On the great disparity between the Global North and South Today. It also presents two schools of thought on the causes of disparity i.e., Classical Liberal Economic Theory and Dependency Theory.
Reference: Kegley
globalization is undermining nation states. First, it is that it is empowering corporations at the expense of the nation state, and secondly, that the international institutions such
It does not make sense to talk of a world of 6 billion people becoming a monoculture. The spread of globalization will undoubtedly bring changes to the countries it reaches, but change is an essential part of life. It does not mean the abolition of traditional values.
As the WTO and World Bank are not democratic…. There is an issue of sheer size.
It is noted that many corporations are larger than nation states – more than half the 100 largest economies in the world are corporations.
Integration in the world economy contributes to environmental improvements by promoting growth, increasing incomes, improving property rights and the allowing the efficient use of resources.
Chapter 9 Global Inequality and PovertyONE PHOTO CAPTURES A SH.docxbissacr
Chapter 9 Global Inequality and Poverty
ONE PHOTO CAPTURES A SHARP CONTRAST BETWEEN RICH AND POOR IN THE DEVELOPING WORLD. The high-rise buildings in the background are apartments for the wealthy.
Learning Objectives
1. 9.1Examine how widening gap between rich and poor strengthens inequality-perpetuating institutions
2. 9.2Contrast between the viewpoints of globalists and antiglobalists on the effects of globalization
3. 9.3Examine the causes and the impact of domestic or global inequality between nations
4. 9.4Examine the economic, social, and educational inequality that exists within rich countries
5. 9.5Examine the inequalities that exist in different aspects of life in poor countries
6. 9.6Review the six dimensions of poverty that can be used to gauge poverty
7. 9.7Evaluate some of the measures for diminishing poverty and reducing inequality
The richest eighty people in the world control as much wealth as the poorest half of the world’s population. Thirty-five of those eighty are Americans. The top 1 percent of the world’s richest people control 48 percent of the world’s total wealth. More than one billion people in the world live on less than $1.25 a day. Inequality exists within the United States. The richest four hundred Americans own more assets than the poorest 150 million, or almost half the population. The bottom 15 percent, about forty-six million people, live in households earning less than $22,000 per year. The top 5 percent of households in Washington, D.C., make an average of more than $500,000, while the bottom 20 percent make less than $9,500. Conflict between rich and poor is now the greatest source of tension in American society. Economic inequality has emerged as a dominant global issue that has fueled massive protests and popular uprisings. The global financial crisis and economic recession have rekindled debates about inequality and its consequences. Discussions about wealth and poverty and how to achieve greater equality are as old as human society. They demonstrate a perennial concern about the implications of inequality for the security and well-being of communities. Given the persistence of inequality among individuals, groups, and nations over centuries, this debate is interminable. Struggles to achieve equality are also endless. Issues pertaining to global inequality and poverty permeate almost every significant global problem, from trade to the environment, from terrorism and criminal activities to democratization and human rights, and from ethnic conflicts to the proliferation of weapons of mass destruction. As we have seen, popular uprisings in the Middle East and North Africa were strongly influenced by widespread inequality and poverty. Consequently, as our discussion shows, inequality and poverty are closely connected to politics, economics, and culture.
A central question addressed in this chapter is whether inequality matters. Human societies are inherently unequal due to variations of abilities, opportun.
Globalization, or a series of changes leading to a greater interdependence and integration of the world socially, economically, politically, and culturally, is an ongoing process that commenced centuries before with communication and trade between ancient civilizations, it was only in recent years that globalization became a revolutionary process fundamentally changing the way people live and interact with the rest of the world. The invention of the Internet by Tim Berners-Lee, coupled with cutting-edge transportation technology, paved the way for a greater degree of integration of the world than ever before
The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
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How to Split Bills in the Odoo 17 POS ModuleCeline George
Bills have a main role in point of sale procedure. It will help to track sales, handling payments and giving receipts to customers. Bill splitting also has an important role in POS. For example, If some friends come together for dinner and if they want to divide the bill then it is possible by POS bill splitting. This slide will show how to split bills in odoo 17 POS.
This is a presentation by Dada Robert in a Your Skill Boost masterclass organised by the Excellence Foundation for South Sudan (EFSS) on Saturday, the 25th and Sunday, the 26th of May 2024.
He discussed the concept of quality improvement, emphasizing its applicability to various aspects of life, including personal, project, and program improvements. He defined quality as doing the right thing at the right time in the right way to achieve the best possible results and discussed the concept of the "gap" between what we know and what we do, and how this gap represents the areas we need to improve. He explained the scientific approach to quality improvement, which involves systematic performance analysis, testing and learning, and implementing change ideas. He also highlighted the importance of client focus and a team approach to quality improvement.
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxEduSkills OECD
Andreas Schleicher presents at the OECD webinar ‘Digital devices in schools: detrimental distraction or secret to success?’ on 27 May 2024. The presentation was based on findings from PISA 2022 results and the webinar helped launch the PISA in Focus ‘Managing screen time: How to protect and equip students against distraction’ https://www.oecd-ilibrary.org/education/managing-screen-time_7c225af4-en and the OECD Education Policy Perspective ‘Students, digital devices and success’ can be found here - https://oe.cd/il/5yV
The Art Pastor's Guide to Sabbath | Steve ThomasonSteve Thomason
What is the purpose of the Sabbath Law in the Torah. It is interesting to compare how the context of the law shifts from Exodus to Deuteronomy. Who gets to rest, and why?
2. Globalization and poverty both are currently popular and controversial issue. There was a
time when most regions were economically self-sufficient. Locally produced foods, fuels
and raw materials were generally processed for local consumption. Trade between different
regions was quite limited. Today, the economies of most countries are so interconnected that
they form part of a single, interdependent global economy. As far as globalizations impact is
concerned and its effects on economic growth, employment, income distribution and also
income inequality as well as poverty.
Introduction
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3. Meaning of Globalization
Globalization describes an ongoing process by
which regional economies, societies, and
cultures have become integrated through a
globe-spanning network of communication and
execution.
Globalization or is the process by which the
people of the world are unified into a single
society and function together.
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4. Robertson expressed, “Globalization is the compression of the
world and the intensification of consciousness”.
Anthony Giddens, “Globalization refers to the fact that we all
increasingly live in one world, so that individuals, groups and
nations become interdependent.”
Definition of Globalization
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5. Definition of Poverty
“A severe lack of physical and mental-well being, closely
associated with inadequate economic resources and
consumption (Brataz and Grisby 1971)”.
The concept of Poverty is defined as the scarcity or the lack of a certain (variant) amount of
material possessions or money.
Poverty is a multifaceted concept, which may include social, economic and political elements.
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6. The most widely held and understood definition of extreme poverty, established by the World
Bank, defines poverty in strictly economic terms — earning less than $1.90 a day. But the
World Bank has also described poverty as follows:
Definition of Absolute Poverty
“Poverty is hunger. Poverty is lack of shelter.
Poverty is being sick and not being able to see a
doctor. Poverty is not having access to school and
not knowing how to read. Poverty is not having a
job, is fear for the future, living one day at a time.
Poverty is powerlessness, lack of representation and
freedom.”
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7. Impact of Globalization on Poverty
Positive Impact:
It claims that globalization generally reduce poverty because more integrated economics
tend to grow faster and this growth is usually widely diffused. Export growth and incoming
foreign investment have reduced poverty every where.
More efficient markets, increase competition, more wealth equality throughout the world
and stabilized security.
The opportunities for labor and capital to locate any where in the world.
Increase international economies of scale
and greater employment opportunities.
The increasing reliance of economies on
each other.
Creates Cheaper Imports and larger Export
markets.
Provides greater opportunities of free trade.
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8. Global commerce is increasingly dominated
by developed countries which seek to
maximizing profits.
Increase gap between the rich and poor
Income inequalities
Competition among developing countries
It has lowered the per capita income of the
farmers and increased the rural indebtedness.
Impact of Globalization on Poverty
Negative Impact
Many of the studies in globalization and poverty in fact suggest that globalization has been
associated with rising inequality, and that the poor do not always share in the gains from
trade.
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9. Small producers are put to hardship
Uncertain employment
Dominance of foreign Industries
Does not protect the domestic industries.
Increase uneven wealth distribution
Price hike of daily usable commodities
Always dominate third world countries
Impact of Globalization on Poverty
Negative Impact
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10. 0.50% 2.00%
6.50%
23.20%
24.30%
43.50%
Where are the world’s poor?
Middle East and
North Africa
Europe and
Central Asia
Latin America and
the Caribbean
East Asia and
Pacific
Sub-Saharan
Africa
South Asia
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12. Reasons of Poverty in Global South
According UN Economic and Social Council, forty-nine countries currently comprise the least
developed countries (LDCs) of the Global South. Their per capita income is under $900 per
year, and majority populations depend on agriculture, lower participation in the global market
and majority faces war, tyranny and loan. Although democracy has spread to much of the
global south since the 1980’s, the commitment of some of these governments to regular
elections and human rights are fragile.
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13. Sociological Thinking about Globalization of Poverty
From the Marxist view in his class struggle the
capitalist or the owner class always dominate
the labor class to gain benefit. Capitalist
countries establish their industries or factories
on the basis of skilled labor. They demand the
more skilled labor from the developing
countries. However it creates alienation of
unskilled labor from work in industrially
developed countries. As a result the capitalist
class become more developed and the working
class become poorer.
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14. Conclusion
The relation between globalization and poverty is complex. Though
globalization has some negative impact but it has a great role to develop
the whole world. Globalization itself should not be hindered. But the
extent and pace of its progress should be made to reflect the nation’s
situation and presenting economic dispensation so that, the developing
country itself would be able to strong compete in the wider confluence of
globalization
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