Topic > The impact of globalization on developing countries

Globalization, you love it or hate it, but you can't escape it. Globalization can be considered beneficial from an economic and commercial point of view, but it cannot be perceived in the same way when examined from the perspective of social sciences and humanities. Globalization can be considered as a tool for economic growth, progress and prosperity through cooperation between developed and developing countries. Pro-globalization critics argue that the benefits that globalization brings to developing nations outweigh or outweigh the negative impacts caused by globalization and might even go a step further by claiming that it is the only source of hope for developing nations development to thrive and stand out. However, the real question to ask is to what extent the positive aspects are discussed without taking into account the negative aspects of globalization towards developing countries. Furthermore, another question to consider is how many developing countries among all are benefiting or even prospering from globalization. Therefore, my article will challenge the fact that, indeed, the growth and progress provided by globalization to developing countries are beneficial in the short term, but in the long term they will only bring negative impacts and challenges due to the obstacles involved, such as the exploitation of labor. and resources, a greater increase in poverty and the effects of multinationals on local businesses and the economy and, to some extent, the effects on the developing country itself. One of the many negative effects that globalization has on developing countries is the exploitation of human resources. Work. With a competitive global market, inflation and lower labor costs in developing countries, labor exploitation is easily... in the middle of paper... and on the Web. November 14, 2013. .2. Digal, Santosh. "INDIA India, global hub for human trafficking - Asia News". INDIA India, global hub for human trafficking - Asia News. Asianews, 15 July 2010. Web. 14 November 2013. .3. Mayer, Roberto. "Sweatshops, exploitation and moral responsibility". Journal of Social Philosophy 38.4 (2007): 605-619.Wiley Online Library. Network. 4 January 2012.4. Winkler, Sarah. “How the Alang Shipyard Works.” How things work. HowStuffWorks.com, July 15, 2008. Web. November 14, 2013. .5. "Globalization, growth and poverty". www.idrc.ca. Version 1. GGP and Web. November 14. 2013. .