Globalization and Human Welfare - 1656 Words

International free trade has become the foundation of neoliberal globalization. The main organizations for carrying out free trade are World Trade Organization (WTO) established on 1995, International Monetary Fund (IMF) and World Bank (WB). The main aim was to promote development and trade. Trade has become the lens through which development is perceived, rather than the other way round . The concept of trade evolved right from Adam Smith and David Ricardo who introduced the concept of comparative advantage which compares the productiveness across countries. Here countries make use of their natural resources, climate, skills etc. According to Paul Krugman trade reflects arbitrary or temporary advantages resulting from economies of scale†¦show more content†¦World trade has grown five times in real terms since 1980, and its share of world GDP has risen from 36 percent to 55 percent over this period. †¢ During the 1990s more Asian countries were integrated into the trading system. The developing countries have been catching up with or surpassing high-income countries in their trade openness, reflecting the widespread convergence of low- and middle-income countries’ trade systems toward the traditionally more open trading regimes in place in advanced economies . Globalization measures distinguish between trade and financial openness and include both â€Å"de facto† and â€Å"de jure† measures. Specifically, trade openness is measured by the (unweighted) average tariff rate (â€Å"de jure† measure), and the ratios of both non-oil exports and non-oil imports to GDP (â€Å"de facto† measures). Financial openness is measured by the Chinn-Ito index of capital account openness (â€Å"de jure† measure), the ratios of various types of financial liabilities (foreign direct investment, portfolio equity, and debt) to GDP and the stock of foreign direct investment assets expressed as a percentage of GDP (â€Å"de facto† measures). The latter, which is closely associated to offshore, outsourcing, may be particularly relevant to measure the impact of globalization on inequality in advanced countries, while its value is minimalShow MoreRelatedGlobalization and the Decline of the Welfare State1172 Words   |  5 P ages The idea that globalization and the welfare states can conflict comes from the fact that: while globalization is based on profit maximization, the welfare states main goal is to reduce, if not eliminate inequality, insecurity and poverty through proper redistribution of wealth mechanisms. The welfare state has to enhance â€Å"people’s adaptability, so that they, whatever their skills, can turn themselves from losers into winners through their own efforts† (Dennis J. Snower. Et al.137). The pointRead MoreThe Social Work Policies1506 Words   |  6 Pages Social Work Policies Social Welfare Q 1 Income support policies in the United States Income support policies in the United States view the monetary aspect of individual and family well-being. Income support policies are categorized into two that is direct cash transfers and indirect cash transfers. Income support programs are aimed at reducing poverty levels and boosting the economic growth of United States. Major historical developments took place in the late 1950s. In 1958, social securityRead MoreThe Welfare State and Government Responses to Economic Openness1668 Words   |  7 PagesThe Welfare State and Government Responses to Economic Openness I. Introduction Economic openness is the phenomenon in which individual economies from all over the world become increasingly connected and interdependent through greater liberalization of trade and the vast movement of goods, services, and capital across borders. With the rise of globalization, positive effects have resulted from economic openness. The widespread benefits of globalization have resulted in global economic growthRead MoreGlobalization and the Nation State Essay1633 Words   |  7 PagesGlobalization Ââ€" Struggles of the Nation-State and Issues of Equality Economic growth in globalization is often due to rapid technological advancements and changes in the gathering of information and communications. Globalization has always existed but todays globalization has been a much more rapid and intense process than in the past. The question here is whether todays globalization weakens the nation state and whether or not it undermines national control over the economy. We are trying toRead MoreHuman Trafficking: Searching for a Solution1437 Words   |  6 PagesThailand is very well known for its high proportion of human trafficking. The men and woman are constantly sold for their resources. Labor and prostitution are the most common cases. In Thailand there has been an uprising of human trafficking on the fishing boats or trawlers. On the trawlers many men are forced to work without pay under the impression that they owe money. The men come from neighboring countries of Cambodia and Burma. Among many boats, abuse is a normal practice to keep the men detainedRead MoreGlobalization as a Process1744 Words   |  7 Pagesinto contact with globalization. We are all active members of this web, and we are the fuel it needs to work to perfection. This web needs employers and employees, it needs people in need and people willing to help, and it needs members of different cultures and societies. It needs you. Whether it was by flying on an airplane, traveling to a foreign country, or simply by buying medicine, you are contributing to the unstoppable giant known as globalization. To understand globalization it is necessaryRead MoreGlobalization: The Big Friendly Giant Essay1458 Words   |  6 Pagesinto contact with globalization. We are all active members of this web, and we are the fuel it needs to work to perfection. This web needs employers and employees, it needs people in need and people willing to help, and it needs members of different cultures and societies. It needs you. Whether it was by flying on an airplane, traveling to a foreign country, or simply by buying medicine, you are contributing to the unstoppable giant known as globalization. To understand globalization it is necessaryRead MoreGlobalization Essay889 Words   |  4 PagesGlobalization can be defined as â€Å"the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets† (Webster Dictionary). It brings countries closer together and impacts things such as human rights, politics, and economics. While Globalization can have positive factors it has its downfalls. Globalization has effects on human well-being in societies around the globe. This process seems to only beRead MoreThe Universal Declaration Of Human Rights1489 Words   |  6 PagesAll around the world, basic human rights, as outlined in the Universal Declaration of Human Rights, are being violated. As Thomas Pogge argues, these violations contribute to the rise of poverty in multiple nations. The global rate of death caused by poverty is astounding, â€Å"†¦360 million human beings have died prematurely from poverty related causes, with some 18 million more added each year†, and unfortunately these figures are substantially larger than the death count of many wars (Pogge, p.50)Read MoreImpact of Globalization on Indian Economy1572 Words   |  7 PagesGlobalization is the new notion that has come to rule the world since the nineties of the last century with the end of the cold war. The frontlines of the state with increased reliance on the market economy and renewed belief in the private capital and assets, a process of structural alteration encouraged by the studies and influences of the World Bank and other International organisations have started in many of countries. Also Globalisation has brought in new avenues to developing countries. Greater

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King of Hearts Free Essays

The film â€Å"King of Hearts† directed by Philippe De Broca, is a quirky and humorous comment on the futility of war and a reflection on who is more insane, the inmates of an insane asylum or the sane people of the outside world where men kill men for seemingly no reason. This film is an anti-war allegory, set towards the end of World War I that depicts the madness of war. It clearly illustrates the futility of war through the use of humor. We will write a custom essay sample on King of Hearts or any similar topic only for you Order Now Charles Plumpick is a Scottish soldier who is sent to a French village to diffuse any active bombs that may have been planted by the retreating Germans. He finds the village populated by quirky villagers who are actually the inmates of a mental asylum. They crown him the â€Å"King of Hearts† and present him with a bride and readily accept him into their midst. War is raging outside the walls of the village where death and conflict abound. The pointlessness of the war outside is made more poignant by the fantasy world inside the village walls. If insane people from a mental asylum can live harmoniously then the world at large definitely has no use for war. The viewer is left wondering as to who is more insane, the inmates of the asylum or the warring people of the world. In this story of the madness of war, the inmates of the asylum seem more rational. The film uses a lot of symbolism to depict this strange world we live in. Even the heroine of the film with whom the hero falls in love with is a tight-rope walker, symbolizing the tight-rope that people straddle in trying to make sense out of this seemingly sane world. Quirky humor is tellingly used to drive home the point. The people are amiably mad but not crazy. Although they happily live out their cloistered lives, they are not unaware of the grim reality of the outside world. At one point Plumpick does try to ride outside on horseback to look for help but the people call him back. Towards the end of the film the people, weary of the game they were playing in trying to populate the village, discard the costumes they had donned and walk back into the asylum. This is a serious quiet scene where the asylum inmates reject the madness of the sane world. A chastened Plumpick also joins them, symbolically divesting himself of all paraphernalia and clothes that bind him to the sane world. The world outside is a world without reason where men killed men. The senseless killing of wartime is illustrated when the two warring sides kill off each other in the streets of the village. The opposing forces symbolically wipe out themselves. The fantasy world inside the walls of the village with its child-like innocence and wonder further drives home the unreasonableness of the outside world where hostile warring forces are unleashing terror. The many philosophical moments in the film force the viewer to think deeply of the possibility of a world where harmony and peace reigns. This story of the madness of war would hold true in all times and societies where it may be based. The innocence and startling wisdom of the insane also make a viewer reflect on the pressing need for a saner and more peaceful world. The film is ultimately a profound film where gentle humor is effectively used to drive home the futility of war. References : The Internet Movie Database. Roi De Coeur, Le (1966). Retrieved on Aug 14, 2008, from http://www.imdb.com/title/tt0060908/ How to cite King of Hearts, Essay examples