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How has Globalization Affected Developing Countries

  Globalization, or the increasing connectivity of economies, cultures, and populations through technology and the flow of information, has had a major impact on developing countries. While it has created opportunities for economic growth and development, it has also introduced new challenges and intensified existing inequalities. This essay explores the multifaceted effects of globalisation on developing countries, with a focus on labour markets, cultural exchange, economic progress, and environmental concerns.

  Access to global markets is one of the biggest advantages of globalisation for developing nations. Increased trade and foreign direct investment have fuelled economic growth. For instance, nations like India have benefited from globalization to rise to fame in the service and manufacturing industries. These nations have decreased poverty rates and produced millions of jobs. Globalization has also made it easier for developed and developing countries to share knowledge and technology. Nevertheless, not everyone benefits equally from this. It is frequently difficult for nations with insufficient institutions or infrastructure to draw in foreign investment and engage in international trade. The gap between successful developing countries and those left behind may grow as a result of globalization.

  Globalization’s acceleration of manufacturing has had negative impacts on the environment in developing countries. Destruction of the environment, such as deforestation and pollution, frequently results from increased production and extraction of resources. Because economic priorities often take precedence over sustainability, these countries are especially vulnerable. However, globalisation also makes it easier for green technologies and environmental awareness to expand. In developing nations, efforts to prevent disasters and promote sustainability have been aided by international cooperation and aid. Developing countries have an opportunity to express their concerns and look for assistance when they have access to international environmental governance guidelines.

  In conclusion, the effects of globalisation on developing nations have been both positive and negative. Economic and technological development have all benefited from it, but inequality, cultural deterioration, and environmental stress have also  worsened. Developing countries face the challenge of increasing the positive impacts of globalisation while reducing its negative ones. By doing this, globalisation can be used as a tool for sustainable and beneficial development rather than as a factor that opens gaps.

                                                                                                                                       By: Aishath Zaara
                                                                                                                                              11S2 (Batch 2026)

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