1. The Phenomenon of Globalization
While globalization creates different opportunities and opens the markets in developing countries, it exacerbates income inequalities within developing countries and between industrialized and emerging economies (Dasgupta & Nederveen, 2009). ... Consequently, the poor countries continue being poor while the developed rich countries continue progressing from proceeds generated in the developed countries. ... As developing countries intensely compete to attract overseas investments, the countries dangerously lower their environmental standards. ... Apparently, the multinationals are outsourci...
- Word Count: 821
- Approx Pages: 3
- Has Bibliography
- Grade Level: Graduate