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Importance of globalization to development
Importance of globalization to development
Importance of globalization to development
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World development is when countries across the world help one another towards more enhanced development of livelihoods in order to increase the quality of life for people. This includes concepts such as financing health, education, governance, human rights, economics, foreign aides, environmental concerns, aid for natural disasters and various other issues relating to these.
There are various reasons as to why there is a need of world development. Seeing as how far the developed world has come in terms of technological advances, it only makes sense that the rest of the world should be able to have the same kinds of advantages that richer countries have. Many countries still live in poverty so it is fair to have the more developed nations raise aid to help them become more developed. Another way they can help them come out of their poverty is by reducing or even canceling the debts that these countries have. This is due to the fact that most of the time they follow a poverty cycle - that is they take loans from richer nations to help pay off other debts but this plunges them further into debt. This is because the interest on the debt increases over time which becomes too much for the country to pay off. As a result, these countries are unable to provide basic services such as sufficient nutritional provisions, healthcare, education, housing developments etc. The cycle starts over as they end up having to borrow further money in order to provide these essential requirements, which in turn land them into deeper debt.
As time goes on however, technology will continue to become more advanced and this new technology will affect the way things are done. Let it be in terms of education, healthcare, economy etc. the technological ad...
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...verty would be very small considering the fact that world development is about helping other countries not hindering their progression to becoming more prosperous nations. The debts would most likely have been significantly reduced or even cancelled in order to break the poverty cycle. If a country needs to take out another loan so as to purchase necessary technology and they make money from the results of the loan they had to spend, by the time they become developed enough they would have been able to pay back the loan. Competition created between nations may not always be a bad thing as it can encourage them to set up organisations that can help boost the economy. If nations are developed enough, they would be able to build factories of their own to manufacture new technology and would not need to spend excessively on buying equipment from other countries.
Based on two stories which we learnt these days: “Harrison Bergeron” and “There will come soft rains”, we can see that in the future, technology affects us a lot. Our life will mainly depend on technology, let us see how this changed us from the stories.
Our global world is becoming more connected as we become integrated politically, socially and even economically. Due to the Bretton Woods agreement, different countries have been economically dependent on each other in fear of war to erupt. From then on, different organizations and policies tied more countries into being economic globalized. This economic globalization has then given us many opportunities in trade and more access to natural resources in other countries. Unfortunately, there are some negative effects that are brought to less developed countries.
Technology affects almost all aspects of society today. Family life, medicine, business, telecommunications, and social life have all been changed for both good and bad. Interesting me in particular, technology (mainly computers) has influenced the criminal justice/law enforcement field. That is my chosen profession that I hope to accomplish.
...ers. "Finally, just as computers shape our world, so our own dreams and desires influence technological change. Where will our dreams and desires drive the technology of the future?" (241). Eventually, we need to be able to 'read the world,' (239). Computers will continue to impact our ways of life. People have begun to experience more leisure and less hard labor because of computer-related technologies. Perhaps in the future, these luxuries will be extended to the poor, and human rights and equality issues will be improved. As people become more connected, they will hopefully become more aware.
Technology as been around for a very long time and it is no surprise that the world is where they are today in technology progression. My expectations about technology and the future is that it will continue to progress and assist people across the world. Technology has become a thing that supports human life from helping with simple tasks to becoming a necessary device. As technology improves the dependence and need for it will increase but the inability to do so much more will decrease. I expect technology to help in ways unimaginable to humans but in reality technology in the future will attempt to assist humans leaving them to depend on it. Technology and the future will always go hand and hand because technology is something that the world is proud of and dependent on. So as time goes by people will always be working hard to improve and progress.
...nd again resulting in creation of bigger markets and pulling large competitors and creating new job opportunities, but the problem is with undefined factors like outsourcing, lack of skill development in respect with technology advancement. Technology advancement may be causing huge impact on employment but it is also making human living better. Technology as became part and parcel of our life so we can’t think of life without technology, but to make sure that the same does not harm our livelihood we should keep in track and sharpen and hone our skills with advancement of technology. (Brynjolfsson & McAfee, 2011)
is able to come to power. Through helping themselves, stronger nations are able to create economic
As Escobar points out in The Problematization of Poverty, one of the many changes in the post-WW2 era was the "discovery" of mass poverty throughout the world. This "discovery" had massive implications for development discourse. Prior to WW2, development discourse was limited to the colonial experience. But with the end of colonial rule lurking on the horizon, western academics began to formulate theories of economic growth and "modernization." As a result, an entire genre of academic research emerged: the development discourse. The aim of development discourse was to chart out patterns of growth (which were based on the historical successes of the West) that newly independent countries could use, primarily to escape vicious cycles of poverty, famine, etc.
In international parlance, development encompasses the need and the means by which to provide better life for people in poor countries and it includes not only economic growth, although that is crucial, but also human development like...
The Problems of Defining Development Development is very difficult to define as it has a wide range of meanings and has therefore been used in a variety of ways, by different people or organizations at different times. For example, geographers will link development with improvements in human welfare. e.g. greater wealth, better education and health. Many geographers will measure development in terms of the countries HDI (Human). Development Index.
...could stimulate its economy. This would benefit poor countries as well. Since developed countries stabilized energy prices, food prices in underdeveloped countries would not rise. Thus, people living in poor countries could purchase food, and survive. When wealth countries are solving energy crises, they are also saving millions living in the poor countries.
When looking through the topic of development, two drastically different ways to assess it arise. The majority of the western world looks at development in terms of per capita GNP. This means each country is evaluated on a level playing field, comparing the production of each country in economic value. Opposite this style of evaluation is that of the alternative view, which measures a country’s development on its ability to fulfill basic material and non-material needs. Cultural ties are strong in this case as most of the population does not produce for wealth but merely survival and tradition.
The Merriam-Webster Dictionary defines development as the act or process of growing or causing something to grow larger or more advanced. We live in a world that is continuously developing, in ways that we cannot even begin to try to describe. Nonetheless, The World Bank measures indicators of development. To do this, they look at three-hundred and thirty-one different indicators which cover a vast number of areas, including agriculture, aid effectiveness, climate change, economic policy, education, energy and mining, environment, the financial sector, poverty, science and technology, social development, and urban development. The World Bank’s World Development Indicators data is has been used for over fifty years as the standard by which development is measured. While this list may seem like a comprehensive, all-inclusive list, it does not consider the idea of sustainable development. While development for the sake of advancement may seem like a good option for an undeveloped country, it can be argued that development that is not sustainable is not development at all, but merely the illusion of one.
...e may even be able to fix some of the problems associated with technology such as uneven competition between countries and companies for jobs resources. change the lifestyle gap among those with access to technology and those without access.
Now for computers in the schools, I feel we will soon have no books and all work will be done on computers. Even homework will be done on the internet and e-mailed to the teacher. Children will be taught about computers at a younger and younger age. This in turn will make the younger generations more and more skilled in electronics and understanding how they work. This will have a very large impact on they way projects and or work is viewed.