Globalization ​and “Poor Countries”

“Where globalization means, as it so often does, that the rich and powerful now have new means to further enrich and empower themselves at the cost of the poorer and weaker, we have a responsibility to protest in the name of universal freedom.”- Nelson Mandela

I can be very difficult for poor country’s to compete against supranational entities when it comes to globalization. Often times we’ve you the term globalization as a means for the rich and powerful nations to take over or overpower smaller week or nations. With technology today we begin to see a new set of challenges facing globalization.

Living in a nation that is regarded as one of the supranational entities so to speak we have a very selective view on globalization. We often see the ability for us to share our knowledge, technology, and experiences as a way of helping smaller or less wealthy countries, without thinking what the other countries think about our actions. Globalization began to gain popularity by the end of World War II, and as a result it led to the Bretton Woods conferences as a way to set up a unified system for International Trade. In general the conference set up the role Trade Organization as well as the World Bank and essentially gave way to free trade and lower tariffs among the countries.

Unfortunately at the time of the conference many were not concerned about the smaller less well be countries when it came to trading. However with the modern times the way they are today Globalization has become an issue. Many of the challenges a poor country faces with respect to global eyes a shin often comes from the fact that they do not have the same knowledge and or resources that the wealthy your nations have.

As mentioned previously “poor countries” do not have the same level of education provided to them the way wealthy nations do. This is a large challenge that would need to be overcome by smaller nations, mainly because in order to be put on the global scale you have to have something that other countries want. The only way to have something other countries want is to either be smart enough to make a new discovery, invent a new technology, or create something so unique that no one else has thought of it.

Another key challenge that poor nations face is the challenge of resources. The ability to have key resources is an essential component when it comes to globalization, if you do not have enough for yourself, how can you provide it for the world. Even if larger wealthier countries do not have the resources they have the ability to purchase them.

There are many unfortunate challenges that “poor countries” must face in regards to supranational entities and globalization. These smaller countries are often cast into the shadow of the wealthy countries as they proceed to dominate globalization.