Globalization has had, over the past years, a positive influence in LEDC development, and has been helping underdeveloped countries catch up with the dominatingpowers by many means.
First, some global institutions have found funding and economic help that permit the distribution of loans or donations amongst LEDCs to help developing the country. Indeed, this economic help can come from government international organizations, or associations such as Greenpeace that are non governmental and that work on the global environmental problems. For example, theInternational Monetary Fund (IMF) and World Bank (WTO now called GATT) which are both United Nations (UN) agencies were created to first help countries that were devastated by the Second World War to reconstruct, but now focus on developing countries, giving interest free loans to countries with very low per capita income, and with a very long repayment period. Indeed, according to document 1, 26countries received low interest loans, in 2004, from the IMF, which has created a HIPC (Heavily Indebted Poor Countries) program, aimed to help LEDCs. This example shows how a global actor such as the IMF, which leads international actions, can help the development in LEDCs.
The globalization trend has an important effect on media of all sorts all over the world. Indeed, informationtravels far faster than it used to thanks to Internet especially. This means that people are better informed than they used to be although the media still has many flaws. One consequence of this facility for news to travel is that global action can take place against violation of human rights, or violation of environmental standards, concerning a country which is excessively polluting for example,like the global organization Green Peace, which works to stop the deforestation of the Amazon jungle, in Congo and south East Asia; amongst other things.
Document 4 provides an example of how globalization can help suppress abuse of human rights in underdeveloped country and ultimately help this country to develop towards a standard matching the MEDC standards. Indeed, respect of human rights ina country is directly linked to the development of that country. Most developed countries have a democratic government whereas LEDCs are mostly under a dictatorship, where human rights aren’t respected. Now, if global actors can help stop the abuse of human rights in a country, it eventually leads to the improvement of life in general and the improvement of development in a country. In document 4,Amnesty International, which is a global movement who campaign to end grave abuses of human rights, sends a notice on the Internet that human rights are being abused in Saudi Arabia, as a man has been sentenced to death after an unfair trial. Thanks to this notice, global action can take place against the government of Saudi Arabia and put pressure on the latter so that this trial will bedismissed, and hopefully many others after that. This is how globalization can help develop an LEDC.
Globalization influences the economy of the world and the distribution of this economy. Indeed, big companies, such as TNCs (Trans-National Companies), tend to install a factory in a LEDC where the working force is less expensive and benefits are more easily made. This may not have a very...