Discuss the implications of globalisation for both rich and poor Essay

Discuss the implications of globalisation for both rich and poor countries - Essay Example United Nation Development Program (UNDP) is concerned that inequalities and poverty level have increased in poor countries. UNDP indicates the major cause is global trade and finance system (World Bank, 2000). Another implication of globalization for the rich and the poor countries is that there is increased global protest and chaos. For instance, global trade means that investors from different countries have access to rich or poor countries thus increasing the chances of insecurity and drug trafficking. Security is important to poor and rich countries. While most countries join together to improve trade, in some cases insecurity is experienced. Likewise, illegal transactions have been reported for example importing of guns and elephant trunks which is mostly done by the residents of the countries (David, 2001). Drug trafficking like cocaine among other hard drugs is a threat to the countries residents especially to the youths since in most cases the drugs are sold to the youths thu s making a country lowers the economic status. This is based on the fact that young people support a country with the required output in the factories and in plantations among other areas. The rules and ideologies of globalization are that free trade is allowed, deregulation, privatization and structural adjustment which has left the poor countries residents to be homeless, landless and hungry. Since investors from other countries look for cheap labor, no training when recruiting new resources making the matter worse in poor countries. This means that access to health facilities, education, water, sanitation among other things is not easy thus resulting to negative effects on the productivity in such countries (Pritchett, 1998). On the other hand, the rich countries are not affected but rather they keep on increasing their wealth. For example, from 1986 to 2000, the total US wealth that was controlled by people increased from $7.2 trillion to $27 trillion. This

Summary Assignment Example | Topics and Well Written Essays - 500 words - 13

Summary - Assignment Example In the late medieval period, they were believed to have adopted a hunter-gatherer mode of life. It is an important revelation, for everywhere else in the world agriculture and urbanization has already become entrenched. Bison was a great stock prey during the time as the ecology of the Great Plains suited it well. In many of the cave paintings from this period, we can see how bison was an emblematic animal for the entire community. It is important to remember that, despite common features, native American culture is not one monolithic system. The breadth and width of the continent’s landscape, with its varied climates, geographies and ecologies, made adapting to local conditions an imperative. As a result, we see different set of customs and norms being practiced in the Great Basin, Pacific Coast or Eastern Woodlands. Likewise, in contrast to the widespread adoption of hunter-gatherer lifestyle, native Indian cultures of South-western and Woodland Burial Mound regions practiced agriculture. The social organization of these regions was also different, in that they were chiefdoms, with a definite hierarchy among its members. Just as Spanish Conquistadors started trickling into the continent in the late 15th century, the meso-American culture became predominant. This unique culture retained many key traits of the community’s traditions while also including new elements that they were introduced to. It is an unfortunate fact of history that despite the amicable and warm welcome of the conquistadors by native Americans, the former did not reciprocate the hospitality. After having acquainted themselves with the exotic culture of the natives, the conquistadors systematically proceeded to dominate the defenceless natives. Those who had the courage to resist domination and exploitation were ruthlessly rounded up and executed. As a