Globalization and Developing Countries:

Globalization has become one of the major characteristics of the 21st Century since nations have continued to shift towards it rather than nationalization. The increased globalization can be attributed to improved human activities like trade, industry, and finance. As a result of the increased trend towards globalization, global policies have been developed. These policies highlight networks and solutions instead of controls within national boundaries because of communication advanced, enhanced technology, liberalization, and other factors. The main concept behind globalization is that some factors and activities that are local to certain parts of the world have considerable impacts on other parts of the globe. In essence, these activities and factors become integral to the global community, particularly in relation to integration of national economies (Kasapidis, 1999).

Dangers of Globalization for Developing Countries:

As previously mentioned, globalization basically revolves around the impact of local factors and activities on...
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