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Globalization Fuels Exploitation of Developing Countries by Developed Countries Essay Example

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Globalization Fuels Exploitation of Developing Countries by Developed Countries Essay Example
As we advance further into the twenty-first century, the phenomenon globalization has been the subject of much debate. Globalization can be defined as the ability to easily transfer goods and services, money, people, and ideas between different countries around the world (Dickerson & Flanagan, 2006). In their article, “The Globalization Backlash,” Micklethwait and Wooldridge (2001) addresses many of the concerns with globalization. They present their approval for this phenomenon by rejecting various arguments against it, stating that, in general, globalization is beneficial for everyone. This paper, on the other hand, will argue that as we become globally interconnected, developed countries, with the help of international institutions, can take advantage of this growing phenomenon by exploiting the cheap labor forces and natural resources of developing countries. With competition greater than ever before, all states and non-state actors are doing all in their power to grab resources, interests, and benefits from the global market. This results in a mass increase of outsourcing of production to developing countries as labor and environmental costs are much lower, and the prospect of profit for multinational corporations is much higher. Partially due to the creation of international institutions, the poorer states have minute, or almost no say at all, in the entire process. These institutions, such as the World Trade Organization, considerably favor the developed states when it comes to the world’s economic agenda and policy-making. So, as we step into a new era with a borderless world, developing states are unable to prevent the exploitation of their supply of labor and resources due to pressures from foreign countries with the help of international organizations. Globalization can be seen as to creating a global community that is interconnected in a tightly weaved net of easy accessible information, ideas, and transportation. As this phenomenon

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