The process of globalization has been taking place on our planet for about a hundred years, but like any other historical change, it has its supporters and detractors. For some experts on the subject, the process of globalization brings benefits and prosperity to the entire world; nevertheless, for other experts, it is a process that benefits part of the world's population while excluding others. In this essay, I will analyze the effects of globalization on developing countries, as well as the types of advantages and disadvantages associated with the process of globalization. For a better understanding, I will start by defining what a developing country (DC) is and give a brief description of the globalization process. Next, I'll use some examples to try to determine whether globalization is good or bad for people in DC. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an original essayAccording to the International Monetary Fund (IMF) which publishes the World Economic Outlook (WEO); Several criteria are used to classify the different economies of the world into advanced economies and emerging and developing market economies. The three main criteria used for this classification are: "(1) level of per capita income, (2) export diversification - so oil exporters who have a high GDP per capita would not be part of the classification advanced because about 70% of their exports are oil, and (3) the degree of integration into the global financial system” (2017). taken into account when classifying countries for the WEO report. Thus, according to these criteria, we will assume that developing countries are mainly those with a low level of per capita income, undiversified exports and a low degree of integration into the economy. global financial system. The majority of states in Central and South America, Africa and South Asia are defined as developing countries Positive and negative effects of globalization Although globalization is a relatively word. newly created 50 years ago, it is a process that began between the end of the 19th century and the beginning of the 20th century. Since then, it has had a considerable influence on the world in politics, culture, education, science and in particular on the global economy. Kotilainen and Kaitila (2002, cited in Hamdi, 2015, p.1) wrote: “The history of globalization dates back to the second half of the 20th century, the development of transport and communication technologies led to [a] situation where the borders seemed too restrictive for economic activity. » Globalization is described as the development of global integration in the areas of economics, finance, trade and communication. Opening national borders to the free transfer of capital, goods and services provides a new perspective on connections and dependencies (“Globalization”, 2017). This may not seem obvious, but if you think about it, globalization began around the same time the telephone was invented (late 19th century); and as we move forward into a more connected world through the Internet, globalization has become stronger. This stronger globalization creates strong interdependence between developed and developing countries. Developed countries need raw materials, labor, food, oil and land; in exchange, developed countries providenew technologies, financial aid, investments and medical knowledge to developing countries. Grundlach and Nunnenkamp (1996) mentioned that globalization is not a phenomenon of this century, but that new communication technologies have enabled global dispersal of low-cost production (p. .3). Krugman (1995) further points out that there are new aspects in the modern global economy: “These are the rise of intra-community trade, the trade of similar goods between similar countries; the ability of producers to cut up the value chain, by dividing a production process into several geographically separated stages; the resulting emergence of super traders, countries with extremely high trade-to-GDP ratios; and, the new thing that arouses the most anxiety, the emergence of massive exports of manufactured goods from low-wage to high-wage countries” (p. 332). Using both Gundlach and Nunnenkamp, ​​as well as Krugman's statements to analyze the global economy, we Thanks to new shipping techniques and faster communication systems, the vast majority of companies have chosen to offshore their production to countries where restrictions are less strict and therefore production is less expensive. When it comes to transportation costs, offshoring appears to be more profitable than domestic production. This leads to the most commonly used argument against globalization: workers' wages and working conditions suffer significantly. Almost all researchers agree that globalization has a huge impact. The controversial question is whether this is a positive or negative effect. Opponents of globalization point out that relatively low wages and few labor restrictions compared to developed countries encourage many international companies to locate their factories in developing countries. This causes environmental problems in these regions, such as pollution caused by long transport distances, chemical deposition from production waste, deforestation to gain industrial areas and the depletion of natural resources. Some argue that self-interested global corporations are depleting developing countries' resources and oppressing progress. Thus, instead of relying on foreign capital, it is better to protect local industries to presciently ensure a growing economy, as suggested by Tamohara and Takii (2010, p. 512). Many authors seem to have a pessimistic approach to the effects of globalization on economic growth. DC for three reasons described by Gundlach and Nunnenkamp. First, the necessary condition is adherence to institutionalized regional integration programs. Second, technological progress in developing countries is threatened by the lack of business-to-business technological cooperation between developed and less developed countries. Third, foreign direct investment mainly goes to some of the advanced developing countries and other less developed developing countries are short-changed by the opportunities for progress (1996, p. 2). Another largely forgotten drawback of integration with global markets is growing income inequality within nations. This phenomenon is particularly visible between advantaged regions and vulnerable populations in a developing country. Zhang and Zhang (2003) point out that the relationship between globalization and growing income disparity is responsible for doubts about the distribution of globalization. Especially its harmful consequence of,.45.1.39)