Advantages of globalisation for developing countries
Answers
Answer:In the past, developing countries were not able to tap on the world economy due to trade barriers. ... One the most important advantages of globalization are goods and people are transported easier and faster as a result free trade between countries has increased, and it decreased the possibility of war between countries.
Explanation:
Answer:Globalization is a process of global economic, political and cultural integration. It has made the world become a
small village; the borders have been broken down between countries. ''The history of globalization goes back to
the second half of the twentieth century, the development of transport and communication technology led to
situation where national borders appeared to be too limiting for economic activity'' (Economic Globalization in
Developing Countries, 2002). Globalization is playing an increasingly important role in the developing
countries. It can be seen that, globalization has certain advantages such as economic processes, technological
developments, political influences, health systems, social and natural environment factors. It has a lot of benefit
on our daily life. Globalization has created a new opportunities for developing countries. Such as, technology
transfer hold out promise, greater opportunities to access developed countries markets, growth and improved
productivity and living standards. However, it is not true that all effects of this phenomenon are positive.
Because, globalization has also brought up new challenges such as, environmental deteriorations, instability in
commercial and financial markets, increase inequity across and within nations.
This paper evaluates the positive and negative impact of globalization on developing nations in the following
proportions;
1- Economic and Trade Processes Field
2- Education and Health Systems
3- Culture Effects
PLEASE MAKE IT THE BRAINLIEST.
Explanation: