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Globalisation Facts

Supporting globalization Not supporting globalisation

India cut its poverty rate in half in thepast two decades.

In Uganda poverty fell 40% during the1990s and school enrollments doubled.

In China, between 1990 and 2005,poverty rates in the country fell from

60% to 16%, leaving 475 million fewer

people in poverty.

The 3 billion people living in the 24developing countries that became more

globalised enjoyed an average 5%

growth rate in income per capita.

Improved wealth through the economicgains of globlisation has led to improvedaccess to health care and clean water

which has increased life expectancy.

More than 85 percent of the world'spopulation can expect to live for at least

sixty years (that's twice as long as the

average life expectancy 100 years ago!)

Improved technology has dramaticallyreduced costs and prices changing the

way the world communicates, learns,

does business and treats illnesses.

Between 1990 and 1999, adult illiteracyrates in developing countries fell from

35% to 29%.

Cheaper imports make a wider range ofproducts accessible to more people.

International migration has led to greaterrecognition of diversity and respect forcultural identities which is improving

democracy and access to human rights.

Improved environmental awareness andaccountability has encouraged the use of

more efficient, less-polluting

technologies around the world.

Modern communications and the globalspread of information have contributed

to the toppling of undemocratic regimes.

Global income is more than $31 trillion ayear, but 1.2 billion people of the world's

population still earn less than $1 a day.

80% of the global population earns only20% of global income.

Within many countries there is a largegap between rich and poor.

In 2002, there were 364 people per 1000using the internet in high income

countries, while there were only 10 per

1000 in low income countries.

Increased trade and travel havefacilitated the spread of human, animal

and plant diseases, like HIV/AIDS, SARSand bird flu, across borders.

The environment has been harmed asagricultural, forest, mining and fishing

industries exploit inadequate

environmental codes and corrupt

behaviour in developing countries.

Globalised competition can force a raceto the bottom, where countries

compete to have the lowest wage rates

and labour standards in order to attract

Transnational Corporations.

Globalisation can foster a brain drainof skilled workers, where highly

educated and qualified professionals,

such as doctors, engineers and IT

specialists, migrate to developed

countries to benefit from the higher

wages and greater career and lifestyleprospects. This creates severe skilled

labour shortages in developing countries.

Modern communications have spread anawareness of the differences between

countries, and increased the demand for

migration to richer countries.

Due to increased migration, richercountries have tightened the barriers

against migrant workers.

Xenophobic fears have increased.(Xenophobia is an unreasonable fear of

foreigners or strangers.)

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Supporting globalisation Not supporting globalisaton

Globalisation has bolstered peace ascountries are unlikely to enter conflict

with trading partners.

Poverty reduction from globalizationhelps reduce the breeding ground for

terrorism.

Wages paid by transnationalcorporations in middle- and low-income

countries are on average 1.8 to 2.0 times

the average wages in those countries.

Investment by transnationalcorporations help countries by providing

new jobs and skills for local people.

Transnational corporations bring wealthand foreign currency to local economieswhen they buy local resources, products

and services. The extra money created

by this investment can be spent on

education, health and infrastructure.

People can experience foods and otherproducts not previously available in their

countries.

Globalisation increases awareness ofevents in far-away parts of the world. Forexample, the UK was quickly made aware

of the 2004 tsunami tidal wave and sent

help rapidly in response.

Globalisation may help to make peoplemore aware of global issues such as

deforestation and global warming - and

alert them to the need for sustainable

development.

People smugglers have exploitedvulnerable people who wish to move to a

richer country but can only do so

illegally.

The increasing interdependence ofcountries in a globalised world makes

them more vulnerable to economicproblems like the current financial crisis

in the E.U.

The role of LEDCs in the world market ismostly to provide the North and West

with cheap labour and raw materials.

There are no guarantees that the wealth

from inward investment will benefit the

local community. Often, profits are sent

back to the MEDC where the

transnational corporation is based.

Transnational companies may drive localcompanies out of business.

Globalisation is viewed by many as athreat to the world's cultural diversity. It

is feared it might drown out local

economies, traditions and languages and

simply re-cast the whole world in the

mould of the capitalist North and West.

An example of this is that a Hollywood

film is far more likely to be successful

worldwide than one made in India or

China, which also have thriving film

industries.

Industry may begin to thrive in LEDCs atthe expense of jobs in manufacturing in

the UK and other MEDCs, especially in

textiles.

The rich are concentrated in the US,Europe and Japan, with the richest 1%

alone owning 40% of the world's wealth.

Millions of people in the U.S. and U.K.have lost jobs due to imports or

production shifts abroad. Most find new

jobs--that pay less.