Saturday, November 21, 2015

How have developing countries and poor people responded to globalization?

Societies in developing countries have been divided in their response to globalization. Poor farmers from the global South have rejected some aspects of globalization, such as the export of heavily subsidized American and European food to Africa and Latin America, as this export has in many cases harmed local agriculture. There has been much anger in Africa and India about the attempts of Monsanto and other transnational companies to encourage African and Indian farmers to buy their genetically modified wheat and cotton seeds.
At the same time, global mobility has allowed millions of migrant workers from Asia, Africa, and Latin America to find better paying jobs in the West. They have been able to send money to their relatives at home, where these remittances have energized local economies. Western companies seeking cheap labor have transferred their production facilities to Mexico, China, Vietnam, Bangladesh, India, and many other places in the developing world. As a result, hundreds of millions of people in the developing world now have better paying manufacturing jobs; on the other hand, the United States and European countries have lost many industrial jobs.
Similarly, because jobs requiring special training or education encourage migration, highly educated people tend to leave their countries for the West. Researchers speak about the global brain drain created when scientists, nurses, engineers, programmers, and other highly educated people move to the West from the developing world.
Thus, the impact of globalization on the developing world has been mixed.

No comments:

Post a Comment

Why is the fact that the Americans are helping the Russians important?

In the late author Tom Clancy’s first novel, The Hunt for Red October, the assistance rendered to the Russians by the United States is impor...