POLS 2080 Chapter Notes -Fernando Henrique Cardoso, Sub-Saharan Africa, Millennium Development Goals
29 Dec 2013
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Document Summary
The world bank has provided a lot of data showing that if developing countries integrate themselves into the world marketplace (through globalization) they will prosper. East asian miracle: east asia is the ideal model for globalization development, countries that open their borders to the movement of goods and people will find competitive niches and attract foreign capital. The bank believes this is demonstrated by countries such as china and south korea who have emerged as key players in the world economy: east asian countries account for 57% of the world"s population living in poverty. However they"ve been able to reduce their population of people living in poverty by 23% in less than. 25 years: china is currently on track to become the largest exporter in the world, boasting a healthy economy and 9% of world exports. The way that wealth and poverty are distributed amongst sectors and regions has shifted greatly with these developments.
