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Globalization and Third World Countries

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Should poorer Third World countries reject "models based on economic laws" of universal validity and there are no universal laws. Explain if you agree. Explain what laws would not apply to poorer nations? Should every nation be democratic and free? Which universal human rights should no government or citizen violate? The right of free speech, religious conscience, or a fair trial? Should property rights be enforced everywhere? If so, how? Is poorer countries show how "different" than wealthy countries? How can firms and market increase the wealth of poor countries? How would one or two of the Ten Principles of Economics apply to this situation?

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Solution Summary

The expert explains what laws would not apply to poorer nations. Globalization and third world countries are determined.

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Remember - we here at Brain Mass cannot do your paper for you - we can only make it easier to do. That being said, I know this topic very well, and will give you some concepts that can form the bulk of the paper. These are basic ways to get started and to "flesh" out the very complex questions you have to answer.

This topic is huge for just 3-4 pages. You have to stick to generalities only.

1. This is really about globalization. This is the main concept, and the questions deal with facets of it.

2. It should be noted at the outset that some of the most outstanding third world success stories took place under authoritarian governments - Taiwan, South Korea, Singapore and China (the PRC) all developed rapidly, only adopting democracy fairly late. Korea and Taiwan were under military governments from the 1950s to the 1980s. They are now first world countries.

3. Human rights are those privileges one gets for simply being human - not dependent on one's income or other kinds of status. You can dispense with "rights" language by talking about happiness. In some cases, happiness is served better by curtailing some rights. For ...

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