Globalisation is good or bad for the poor?

Question

Does Globalisation has its effects on the poor people of the developing nations? Does it change their lifestyle? Their quality of life? Where would the already developed nations be in 2020? And what about the poorer nations?

Answer 1

Globalisation helps in improving competition. Competition prevents monopoly and helps in curtailing price and helps in better quality. Ultimately, both of these helps the consumer.
Also, globalisation helps in generating more employment although it demands educated population. Certainly in the absence of these things, poor will suffer. Globalisation helps in the upliftment of society as a whole by opening the gateway of opportunities to all. Thus, it positively affects the lifestyle of everyone.
All the foreign companies are coming to ur country and investing only because of globalisation. Just think of the products around you which are not manufactured in ur country, u will realize the effects of globalization.

in 2020? i can talk in terms of india, america and china. i just put an estimate here. check it out: http://answers.yahoo.com/question/index;_ylt=ArcKObbgVP8T9KnQkRy0adzzy6IX?qid=20070112095702AARIjqt

Answer 2

Its bad, even I think many will help the poor. But many give up also. Because as long the leaders in the poor countries not try or do anything to stabilize their countries population then it will be a solution without ending. Its a "must" - in these countries, either we like it or not, -to make a new family politic who only allows 1 child per family. Then we can see the ending of the poor, and then we can start help for real. But because nothing is done - we can only expect to have double so many to feed in the next 50 years.

Answer 3

globalisation create oppurtunities, those who are bright get rewarded and those who are dull get punished.

It also widen the gap between rich and poor, and created more inequality in society.

but it is good for global world, it really change the lifestyle of all the pepole, developing country pepole get more jobs, and rich country pepole get cheap products and services.quality of life will be benifited in both the worlds.

rich countries will be more richer and poor countries will be better in terms of per capital income from today.

thats the best part of it.

Answer 4

In theory, gobalism would help the poor. In practice, it won't - it will help the rich get richer. In order for it to work, there needs to be a free flow of capital and labor, with minimum regulations. In the real world, capital does flow sort of freely across borders, but labor doesn't and regulations are horendus. Well, in America, you have the 3rd world over-flowing the 1st with Mexican immigration and their quality of life is better than if they stayed in the lawless rat hole that is Mexico. In this case, labor and capital move freely.

Answer 5

If globalisation means global economic freedom then all should benefit.

Answer 6

Basically bad as the effects will take longer to reach them in the form of better education employment etc. But it will reach them at the end of a cycle

Answer 7

pro's always more than the con's!
globalisation is always good 4 developing countries!

Answer 8

in another twenty years,another question similar to this one/same will be questioned by a chap/girl from one of an underdeveloped/developing country and will be answered by a person from another underdeveloped/developing nation!
that is, the cycle of change eternally rolls on untill it reaches a big halt.

Answer 9

Socioeconomically,

It is good in the long term.
In the short term it is bad.

Answer 10

it doesn"?t help the poor because we have to initially ,about those topics which are awaring to became a going to be persons not to be addictual and educating them in a systematic manner.