Globalization+aids+the+developing+countries+BM

Globalization aids the developing countries
How does Globalization aid the developing countries?

//**Effects of Globalized Economies help the Developing countries to become developed country**//

During the Postwar Era the expansion of the World's Economies led to great increase in the production of goods. From this many services so many that the nations benefited. The economic base of some nations shifted. Usually manufacturing jobs began to move from developed nations to developing nations. Developing countries eventually became the prime locations for manufacturing operations which helps them become more industrialized eventually leading them to developed country.

Beck, Roger B. __Modern World History Patterns of Interaction__. Boston: Houghton Mifflin Company, 2002.




 * //Examples of developing country shifting to developed country in past//

1. Japan**

Japanese adopted modern technologies from Europe in mid-1800s. After WWII they continued to import and adapt the best western technology. One of the example is the Sony corporation. The Sony corporation gave Japan the chance to manufacture transistors, which is the basis of all electronic equipment.




 * 2. Four places in the Pacific Rim - South Korea, Taiwan, Hong Kong, and Singapore**

These four countries are followed the Japan's modernization. In the 1970's they made a programs that help rapid industrialization designed to fit them best to make their economic state modern and prosperous at the same time. South korea became one of the major exporter of automobiles and of electronic goods. Hong Kong became the world financial center. There four countries recorded very impressive economic growth that they became known as the Four Tigers of Asia.


 * 3. China and Malaysia**

In 1990s two new rapidly indestrializing countries joined to compete against the Japan and Four Tigers. They are still in rapid process of growth in economy.

Looking at these 7 Asian countries we can know for sure that in the history has proven that globalization is what made developing countries improve their quality of life and led them to become developed countires. In our current time these countires now have became developed countires and currently promoting globalization.

Pacific Bridge | Asia Recruiting - Headhunting - Executive Search. 28 May 2009 <[]>.