Since its introduction to the English vocabulary in the 1980s the word Globalization has been a debated issue. For many Globalization is the ongoing process of greater economic, political and social interdependence among countries and their citizens and is complex and multifaceted1. Yet this definition is deceptive and too simple for any one especially from a third world nation to accept; for they have experienced the excruciating side effects of Globalization first hand. Globalization in the less developed countries is a concept benefiting the well developed countries while aiming its disadvantages on the less developed part of the world. In his article “Globalization: For whom and for what” Robert C. Dash explains-
Globalization is too often little more than an ideological incantation to the triumphalism surrounding capitalist expansion on a world scale – a neoliberal apology by another name[1]. (Fall 1998. P 52)
Less developed countries are facing poverty, Economical stagnancy or decline, income inequality, food insecurity and lack of welfare as a result of the negative effects of Globalization and so the western society (developed countries), the ones benefiting from Globalization, should put forward some long term solutions. They should try to amend what the LDCs (less developed countries) are losing as a result of a system they had created. But before stating what the west should do it is necessary to connect the problems raised to the effects of Globalization.
[1] Dash, Robert. “Globalization: For Whom and for What.” Latin American Perspective 25:6 (Fall 1998):52-54 (p. 52)
