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Showing posts from March 11, 2007

REACTION TO GLOBALIZATION

Globalization and the attached concerns about poverty and inequality have become a focus of discussion in a way that few other topics, except for international terrorism or global warming, have. Most people have a strong opinion on globalization, and all of them express an interest in the well-being of the world's poor. The financial press and influential international officials confidently assert that global free markets expand the horizons for the poor, whereas activist-protesters hold the opposite belief with equal intensity. Yet the strength of people's conviction is often in inverse proportion to the amount of robust factual evidence they have.As is common in contentious public debates, different people mean different things by the same word. Some interpret "globalization" to mean the global reach of communications technology and capital movements, some think of the outsourcing by domestic companies in rich countries, and others see globalization as a byword for ...

GLOBALISATION

Historically, the dominant power tends to support globalization as a way to increase the ambit of its influence, expand trade and gain economic advantage, co-opt new citizens and possibly show the advantages. This was the case with the Roman, British and now American-led globalizations. But recently, the rich West - which saw globalization as a prelude to "the end of history" - is having second thoughts.Two fears drive this unease with globalization: The first is a fear of job loss due to competition from low-wage countries. The second is the fear of ethnic and cultural dilution due to increased immigration.The cause of the first fear is a fast reemergence on the world stage of China and India. For students of history, the rise of China and India is not a surprise. The two countries are just recapturing the ground lost during the 19th and most of the 20th century. Before the Industrial Revolution, China's and India's combined output accounted for one half of the world...

DEVELOPMENT

Development refers to improvements in the conditions of people's lives, such as health, education, and income. It occurs at different rates in different countries. The U.S. underwent its own version of development when it became an independent nation in 1776:The average American earned about $1,000 a year in today's dollars, compared with $30,000 today.One in five children died before their first birthday, compared with about one in 143 today.Less than 50% of white children, and almost no black children, went to school; today almost all American children finish primary school.On average, Americans were about four times richer than the people of the world's poorest countries; they are 100 times richer today.Poor countries have experienced improvement as well. Over the past 50 years, there has been more progress in reducing poverty and improving health and education than at any other time in history. Over this period:Diseases such as smallpox and river blindness that formerly...

DISCRIMINATION

The question, often is asked or wondered: Does the colour of one’s skin or religion, or background affect one’s ability to do a job well or give an indication of one’s level of intelligence or motivation? No, of course it doesn’t. So why are ethnic minority people statistically more likely to be unemployed than their counterparts in general category? Do the above factors really influence one’s employability prospects and, if that really is the case, how can one redress the balance?It’s a long time that it is made in some countries illegal to treat a person less favourably than others on ethnic grounds. Yet there are still significant discrepancies for ethnic groups in the society and in the workplace. According to some research, ethnic minority workers receive less pay than their other counterparts, and are more likely to be unemployed.In essence, people should not be discriminated in the fields of employment, education, training, housing and the provision of goods, facilities and serv...