Globalization: Threat or an opportunity

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Issue:

Business

 

Written by:

Anonymous

 

Date added:

April 13, 2013

 

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Grade:

A

 

No of pages / words:

5 / 1127

 

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3979 times

 

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Essay content:

Many countries which have not embraced globalisation, either because of their strategic location or the lack of natural resources, face a sharp increase in poverty, squalor, and diseases. As IMF staff notes: "The gaps between rich and poor countries, and rich and poor people within countries, have [sic] grown...
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The richer quarter of the world's population saw its per capita GDP increase nearly six-fold during the century [the 20 century], while the poorest quarter experienced less than a three-fold increase." (IMF Staff 2002). Another fact that proves globalisation is unequally dispersed is that in many countries especially in Asia, per capita income has grown very quickly...
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