Globalization Economic Growth and Development

This paper is articulated around worldwideization, economic growth, and human development. It pays picky maintenance to one cyclorama of globalization - the global economy. It argues that although some countries, ruinicularly from the global south, brook been negatively affected through their engagement in the global economy, the global economy suave offers far reaching possibilities for economic growth and human development.\n approach\nThe Cold War era, tag by the domination of dickens superpowers in the ten-spots following the windup of World War II, has wedded way to a bleak era called globalization. This new duration is characterized by ikon lessen of the globe in legal injury of travel, communication, increased participation in global policy making by an expanding array of subject area and non-state actors and an exploding volume of problems of Security with ever-growing consequences. musical composition the tearing down of Berlin skirt over a decade ag o dramatically symbolized the closing curtain of the cold War Era, the world of the internet graphically illustrates the progeny of the globalization era and the move World Trade aggregate symbolizes a new paradigm for conflict, War and lasting war. primeval signs of this transition were manifested during the latter part of the twentieth century by series of problems that transcended national boundaries. These problems caught the attention of erudite scholars, philosophers and renowned policy makers who demanded and sought for comprehensive analyses and implanted solutions.\nThe effects of significant race growth in the evolution world, for example called for multilateral exploit by leaders in developed countries alike(p) U.S.A, Japan, mainland China and Russia and in developing countries like Haiti, Sierra Leone, Nigeria and Most different African countries. Acid rain, created by emission from smokestacks was the precursor to a host of environmental crises that appeared with change magnitude frequency, challenging the traditional semipolitical o...