Globalisation

Globalization Facilitates the Transfer of Wealth From Poor Countries to Rich CountriesThe stint aspect of globalization has led to the integration of emerging economies in the world markets and the expansion of human frugal activities , exchange of ideas , precept , legal systems organizations and culture internationally . Countries have integrated into a global economic system towards international trade and bunghole of government flows with the fattyer countries continuing to subscribe richer whereas the misfortunate countries continue to grasp poorer (Wade 2004Poverty has been the study cause of unproductive human resource as a result of lack of education , training , poor lead and weak infrastructure has resulted into poverty , research findings on economic science has found out that most of the sentence the causes of these argon the very richness or the endowment of the nations resources such as mineral wealth or the fertile unpolished land (Wolf 2001There is a big difference in economic interdependence .

The industrialise countries are highly interdependent in relation with single some other . In foothold of economic relations , the growth countries are highly interdependent on one some other . On the other authorise developing countries are much independent from one another as far as economic relations are concerned (Wolf 2001The developed countries are highly dependent on the developed nations and this has led to cross ing in income levels both surrounded by cou! ntries and peoples , inequality between the rich and the poor that means , assets and incomes are more concentrated , the mesh constituent among the poor has travel while profit share has risen . Capital...If you want to get a full essay, couch it on our website: OrderCustomPaper.com

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