Globalization and its Effects on Emerging Economies

[Vanni Fucci]

Since the time that Paul Martin donned the mantle of power in this county, I've been following a disturbing trend in our government, that I think merits further discussion.

The trend can be summarized in the two following questions:

Why is our government pushing for economic globalization?

and

What will be the effect on developing nations?

In researching this topic I went straight to the source:

http://www.imf.org/external/np/exr/ib/2000/041200.htm

Even the IMF admits that:

As globalization has progressed, living conditions (particularly when measured by broader indicators of well being) have improved significantly in virtually all countries. However, the strongest gains have been made by the advanced countries and only some of the developing countries.

That the income gap between high-income and low-income countries has grown wider is a matter for concern. And the number of the world’s citizens in abject poverty is deeply disturbing.

They then go on to say that globalization may or may not be the cause of such conditions in developing nations.

They, however, never made any reference to the corellation between globalization and human rights offenses.

http://web.amnesty.org/pages/ec-index-eng

OHCHR Report on Globalization and Human Rights

So, it seems that globalization does have an adverse effect on the level of poverty, and human rights offenses in developing nations.

Nor do they address any of the environmental issues that accompany a globalized economy.

http://pdf.wri.org/iffe_zouji.pdf

Some links of note:

http://www.globalagendamagazine.com/2005/paulmartin.asp

http://www.globalagendamagazine.com/2005/annemarieslaughter.asp

Here's one that might set off some red flags for the conspiracy theorist crowd...

http://www.pupress.princeton.edu/quotes/q7712.html

http://pm.gc.ca/eng/bio.asp?id=38

As Canada’s finance minister, Mr. Martin was highly regarded on the world stage and represented Canada at a series of international summits. In September 1999, he was named inaugural chair of the G-20, an international group composed of G-7 nations and emerging market nations. He is respected internationally in part for his leadership in forging a new world financial order in which emerging economies would be prevented from plunging into ruinous financial crises.

Even so, Martin is not making good his commitment to contribute 0.7% of GDP for African aid. I'd have to surmise that Mr. Martin is not into globalization for humanitarian reasons.

 

[Said1]

I think most aid money should be placed in the hands of NGOs.

As for globalization, it could work, if transnationals take the moral high ground and do business properly without endangering environments and humans.

 

[Vanni Fucci]

Re: RE: Globalization and its Effects on Emerging Economies

I think most aid money should be placed in the hands of NGOs.

I agree...

As for globalization, it could work, if transnationals take the moral high ground and do business properly without endangering environments and humans.

That's the biggest problem I see for globalization, is that the transnationals do not have a moral imperative. They have no real governance telling them what they can and can't do. Worse, the transnationals can dictate to governments what is and is not acceptable business practice.

 

[Said1]

Re: RE: Globalization and its Effects on Emerging Economies

That's the biggest problem I see for globalization, is that the transnationals do not have a moral imperative. They have no real governance telling them what they can and can't do. Worse, the transnationals can dictate to governments what is and is not acceptable business practice.

I think both transnationals and the host nations are equally to blame in some cases. Sometimes I just think there is no hope for developing nations.

 

[Reverend Blair]

RE: Globalization and its

That's a pretty big if, Said. Actually, it doesn't even reach the level of an if. There is absolutely no evidence that corporations will do the right thing unless they are forced to by governments. There is a lot of evidence that they will do the exact opposite though.

Globalisation is interesting though. Look at what it's done for Canada...excluding our indigenous peoples, of course...they've lost a lot.

Canada as a nation has been a winner overall though. We were born as part of a wave of globalisation and it has made us rich. Of course we were white, having locked our natives away on reserves, and could only be exploited to a certain extent. We never had foreign corporations take away our clean drinking water and things like that.

We did have to fight to get worker's rights though. In fact people were killed right here in Winnipeg about 86 years ago fighting for exact that. How many unionists were killed in the developing world last year fighting for the same thing?

That's the problem with globalisation. We import their wealth, and export our grief.

Until our governments are willing to put laws into place...laws that include jail time for CEOs in our countries...that ensure the fair treatment of foreign workers and their environment, then we have no right to attempt globalisation.

 

[Said1]

Re: RE: Globalization and its

That's a pretty big if, Said. Actually, it doesn't even reach the level of an if. There is absolutely no evidence that corporations will do the right thing unless they are forced to by governments. There is a lot of evidence that they will do the exact opposite though.

Globalisation is interesting though. Look at what it's done for Canada...excluding our indigenous peoples, of course...they've lost a lot.

Canada as a nation has been a winner overall though. We were born as part of a wave of globalisation and it has made us rich. Of course we were white, having locked our natives away on reserves, and could only be exploited to a certain extent. We never had foreign corporations take away our clean drinking water and things like that.

We did have to fight to get worker's rights though. In fact people were killed right here in Winnipeg about 86 years ago fighting for exact that. How many unionists were killed in the developing world last year fighting for the same thing?

That's the problem with globalisation. We import their wealth, and export our grief.

Until our governments are willing to put laws into place...laws that include jail time for CEOs in our countries...that ensure the fair treatment of foreign workers and their environment, then we have no right to attempt globalisation.

Wow, that's quite the rant which was wasted on me, but might benefit somone else. I'm quite aware of all aspects of globalization and sustainable development - that's my major.

 

[I think not]

Re: RE: Globalization and its Effects on Emerging Economies

I think most aid money should be placed in the hands of NGOs.

NGO's. A fancy word for corporations, more and more they are referred to as BINGO's. They have HUGE overhead and guess who pockets most of the cash?

They have conferences, travels expenses etc....They run like corporations and get funded heavily. Better keep them in government hands than NGO's, they may actually save some money.

 

[Said1]

Re: RE: Globalization and its Effects on Emerging Economies

I think most aid money should be placed in the hands of NGOs.

NGO's. A fancy word for corporations, more and more they are referred to as BINGO's. They have HUGE overhead and guess who pockets most of the cash?

They have conferences, travels expenses etc....They run like corporations and get funded heavily. Better keep them in government hands than NGO's, they may actually save some money.

Sure, save money, more beef for the soldiers. :roll:

 

[I think not]

Re: RE: Globalization and its Effects on Emerging Economies

I think most aid money should be placed in the hands of NGOs.

NGO's. A fancy word for corporations, more and more they are referred to as BINGO's. They have HUGE overhead and guess who pockets most of the cash?

They have conferences, travels expenses etc....They run like corporations and get funded heavily. Better keep them in government hands than NGO's, they may actually save some money.

Sure, save money, more beef for the soldiers. :roll:

I meant an international organization that actually gives a shit.

 

[Said1]

Re: RE: Globalization and its Effects on Emerging Economies

I think most aid money should be placed in the hands of NGOs.

NGO's. A fancy word for corporations, more and more they are referred to as BINGO's. They have HUGE overhead and guess who pockets most of the cash?

They have conferences, travels expenses etc....They run like corporations and get funded heavily. Better keep them in government hands than NGO's, they may actually save some money.

Sure, save money, more beef for the soldiers. :roll:

I meant an international organization that actually gives a shit.

Hmmmm, did you?

 

[I think not]

Re: RE: Globalization and its Effects on Emerging Economies

I think most aid money should be placed in the hands of NGOs.

NGO's. A fancy word for corporations, more and more they are referred to as BINGO's. They have HUGE overhead and guess who pockets most of the cash?

They have conferences, travels expenses etc....They run like corporations and get funded heavily. Better keep them in government hands than NGO's, they may actually save some money.

Sure, save money, more beef for the soldiers. :roll:

I meant an international organization that actually gives a shit.

Hmmmm, did you?

Yes Said, I did, so hard to believe? NGO's are glorified not-for-profits. Have you looked around to see how many have popped up? It doesn't take long for them to find loopholes, they make millions, get kickbacks etc....

 

[Vanni Fucci]

Re: RE: Globalization and its Effects on Emerging Economies

I think most aid money should be placed in the hands of NGOs.

NGO's. A fancy word for corporations, more and more they are referred to as BINGO's. They have HUGE overhead and guess who pockets most of the cash?

They have conferences, travels expenses etc....They run like corporations and get funded heavily. Better keep them in government hands than NGO's, they may actually save some money.

Sure, save money, more beef for the soldiers. :roll:

I meant an international organization that actually gives a shit.

...and yet would not Sitrix be considered an NGO of sorts?

 

[I think not]

Re: RE: Globalization and its Effects on Emerging Economies

I think most aid money should be placed in the hands of NGOs.

NGO's. A fancy word for corporations, more and more they are referred to as BINGO's. They have HUGE overhead and guess who pockets most of the cash?

They have conferences, travels expenses etc....They run like corporations and get funded heavily. Better keep them in government hands than NGO's, they may actually save some money.

Sure, save money, more beef for the soldiers. :roll:

I meant an international organization that actually gives a shit.

...and yet would not Sitrix be considered an NGO of sorts?

A small version of it, yes it would. But small not-for-profits are confined and fall under the regulations of the jurisdictions they work in. NGO's do no thave these legal barriers, the same NGO can hop from one country to another without adhering to local regulations or laws. Tell me the NGO will expire after their mission is complete in a particular country and I would find that more plausible providing they are forced to adhere to that countries regulations and laws. Guess what? They don't right now.

 

[Said1]

Re: RE: Globalization and its Effects on Emerging Economies

I think most aid money should be placed in the hands of NGOs.

NGO's. A fancy word for corporations, more and more they are referred to as BINGO's. They have HUGE overhead and guess who pockets most of the cash?

They have conferences, travels expenses etc....They run like corporations and get funded heavily. Better keep them in government hands than NGO's, they may actually save some money.

Sure, save money, more beef for the soldiers. :roll:

I meant an international organization that actually gives a shit.

Hmmmm, did you?

Yes Said, I did, so hard to believe? NGO's are glorified not-for-profits. Have you looked around to see how many have popped up? It doesn't take long for them to find loopholes, they make millions, get kickbacks etc....

There are many reputable NGO's out there, this I think you know.

Also, what international organization are you refering to, the UN? Seriously, I'm confused.

 

[Reverend Blair]

They have conferences, travels expenses etc....They run like corporations and get funded heavily. Better keep them in government hands than NGO's, they may actually save some money.

Governments don't have agencies capable of doing the work though, ITN. Don't even suggest the military, especially yours...they've gotten more aid workers killed in the last few years than any other single cause.

Conferences, travel expenses, staff salaries, and even pencils are all part of government costs too.

I'm quite aware of all aspects of globalization and sustainable development - that's my major.

Do they have a course in dodging rubber bullets? Seems like it would be a worthwhile thing to take.

 

[Said1]

Re: RE: Globalization and its Effects on Emerging Economies

A small version of it, yes it would. But small not-for-profits are confined and fall under the regulations of the jurisdictions they work in. NGO's do no thave these legal barriers, the same NGO can hop from one country to another without adhering to local regulations or laws. Tell me the NGO will expire after their mission is complete in a particular country and I would find that more plausible providing they are forced to adhere to that countries regulations and laws. Guess what? They don't right now.

What is "sitrix"?

 

[Said1]

I'm quite aware of all aspects of globalization and sustainable development - that's my major.

Do they have a course in dodging rubber bullets? Seems like it would be a worthwhile thing to take.

Why do you say that?

 

[I think not]

Re: RE: Globalization and its Effects on Emerging Economies

There are many reputable NGO's out there, this I think you know.

Also, what international organization are you refering to, the UN? Seriously, I'm confused.

Yes of course their are many NGO's. But the ones that screw around are far more than the reputable ones, and even the reputable ones have HUGE overhead costs, not to mention HUGE CEO salaries.

And no I didn't mean the UN, I mean it could be some sort of UN branch, one NGO in each continent, overseen even by UN or the countries within the continent. There are over 4 million NGO's right now operating globally, their budgets are in the 100's of billions. You really believe all these NGO's work? They don't call them BINGO's for nothing.

 

[I think not]

Re: RE: Globalization and its Effects on Emerging Economies

A small version of it, yes it would. But small not-for-profits are confined and fall under the regulations of the jurisdictions they work in. NGO's do no thave these legal barriers, the same NGO can hop from one country to another without adhering to local regulations or laws. Tell me the NGO will expire after their mission is complete in a particular country and I would find that more plausible providing they are forced to adhere to that countries regulations and laws. Guess what? They don't right now.

What is "sitrix"?

Check my website in my profile.

 

[Said1]

Re: RE: Globalization and its Effects on Emerging Economies

Yes of course their are many NGO's. But the ones that screw around are far more than the reputable ones, and even the reputable ones have HUGE overhead costs, not to mention HUGE CEO salaries.

And no I didn't mean the UN, I mean it could be some sort of UN branch, one NGO in each continent, overseen even by UN or the countries within the continent. There are over 4 million NGO's right now operating globally, their budgets are in the 100's of billions. You really believe all these NGO's work? They don't call them BINGO's for nothing.

I didn't say all of them work, perhaps I should have been NGO specific when I made that comment. Sheesh, you said NONE of them work, which is just silly.

Overseen by the UN, a bureaucratic cesspool? Are you serious?