Purchase Solution

Globalization and Developing Countries

Not what you're looking for?

Ask Custom Question

What are the relative dangers and advantages of globalization for developing countries? How can they seize the advantages of globalization and avoid the dangers?

Purchase this Solution
Solution Summary

This essay-style solution provides information and guidelines for discussing the advantages and disadvantages of globalization and strategies for developing nations. This solution is approximately 1000 words and includes nine APA references with in-text citations.

Solution Preview

Please see the attached documents.

Running Head: GLOBLIZATION FOR DEVELOPING COUNTRIES

Globalization for Developing Country

Globalization
Globalization refers to an integration of economies throughout the world through trade practices, financial flow, exchange of technology & information and boundary-less movement of people (Suárez-Orozco & Qin-Hilliard, 2004). It is the process to connect people from different corners of the world (Sobhan, 2003). It assists in improving the economic development of the whole world including developing countries.
Relative Dangers of Globalization for Developing Countries
With the increasing globalization, developing countries are confronting several dangers that are as follows:
Global inequalities: Globalization has increased inequality for developing countries (Lane, 2006). Due to globalization, wealth of developed countries has increased, but it has also increased inequality for the developing nations. It is observed that in the global marketplace, rich countries are becoming richer and poor countries are becoming poorer. So, it can be argued that globalization involves danger in the form of inequality.
Destruction of Trade Barriers: Globalization has reduced trade barriers. In the wake of globalization, abolition of trade barriers and tariffs has become a trend (Kasapidis, 1999). This policy is developed to ensure development of wealth for all nations. At the same time, it is observed that due to free trade, it is not easy for the infant industries of developing countries to flourish due to price competition of imports. So, it is also a danger for the developing nations.
Environment Disaster: Globalization also enhances environmental disasters (Lane, 2006). Due to globalization, climate change like global warming has increased for developing nations. It can be observed that due to exploitation of natural resources by the MNC's, environmental and energy related disasters have increased. So, it is a serious issue for the developing countries. It reflects that globalization not only offers opportunities but also involves dangers in the form of energy/environmental disaster. ...

Purchase this Solution
Free BrainMass Quizzes
Introduction to Finance

This quiz test introductory finance topics.

Change and Resistance within Organizations

This quiz intended to help students understand change and resistance in organizations

Managing the Older Worker

This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce

Marketing Management Philosophies Quiz

A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.

IPOs

This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)

View More Free Quizzes
Related BrainMass Solutions

  • globalization

    449584 Dangers and advantages of globalization What are the relative dangers and advantages of globalization for developing countries? How can they seize the advantages of globalization and avoid the dangers?

  • Dangers and Advantages of Globalization

    449630 Dangers and Advantages of Globalization What are the relative dangers and advantages of globalization for developing countries? How can they seize the advantages of globalization and avoid the dangers?

  • The Negatives of Globalization

    Wages worldwide are forced down by manufacturers that ship high paying jobs overseas Globalization exploits workers in developing countries in the sense that: 1.

  • The impact of globalization or cutural differences

    One of the major achievements of globalization has been in medical science in developing countries. Due to improved medical facilities, the life expectancy of individuals in developing countries has increased.

  • Impact of gloablization

    In other terms, globalization helps developed countries to reduce pollution by increasing pollution levels in developing countries. The solution discusses the impact of globalization from a technology, trade, offshoring, and migration perspective

  • Globalization

    The opportunities are that companies and firms in developing countries are able to access new markets in different parts of the world. In addition, the developing countries are able to increase the level of employment and technological advances.

  • Benefits of globalization

    Job creation happens due to lower wages in the developing countries which get access to markets in the developed countries. Job creation also happens in developed countries as the economy benefits from lower prices for goods and services.

  • International Public Administration

    Contrary to these allegations, developing countries have failed to generate desired enhancements to their global status and their internal standards of living as globalization of public administration have not assisted developing countries, but instead

  • Opportunities and Threats Caused by Globalization

    Identify 4 threats caused by globalization. The first threat is that there is a flow of jobs from developed countries to developing countries. This has led to unemployment in the developed countries.

View More Related Solutions