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I have been considering the great benefits us humans happen to be experiencing with globalization and trade connections between countries. It is remarkable to see how globalization is actually changing our perception around the globe and opening up us for the broader scope that we were not previewed to prior to. It is great to see how different countries are interdependent and supporting each others economy. Get for instance the economies in BRIC (Brazil, India, Russia and Asia) nations. These economies have witnessed significant uplift in the recent past, due to developed countries like US, Canada and EU. Much needed abilities in created nations are available in these and other developing nations. A mutually beneficial connection has raised the financial and residing standards of such and many countries.
While on one side one may feel these connections will last for ever, one recently growing crisis on earth could chuck a wrench in this somewhat amicable connection between these countries. Surprisingly, with the existing food problems, some countries may actually resort to protectionism once again. A practice where by countries establish certain financial policies exactly where by they generate trade obstacles between countries, be it in the form of tariffs, halting export of the absolute benefit goods or by other means.
For example take Indonesia a once main exporter of wheat and rice. With food problems hitting a record high in latest past has stopped or limited the export of such items to other countries. Basically advancing toward practicing protectionism that once was followed only when kings determined our world. I wonder if the practice will creep into other countries too?
This begs the question, have you thought about globalization exactly where countries talk about resources which were mutually beneficial? Seems like alter is nearby. With the predicted increase in meals demand for the ever growing world’s inhabitants (estimated hitting 8 billion dollars by 2030) and decreasing arable territory, the situation is far from being fixed as well as close to a possible solution.
Listed below are my ideas. I think the circumstance with this problem will undoubtedly worsen. The developing and developed countries will increasingly guard their agricultural outputs for his or her own people, and rightfully so. With that I think that there is a prospect of major unrest in areas like Africa that greatly depend on international aid for survival. Oxfam not so lengthy ago appealed to the world to create awareness for this increasing problems in Africa. Research has also shown that whenever ever there exists less arable land or lack of meals (due to even lack of rain) it ended in civil unrest.
While created and possibly some developing nations are well outfitted to handle such crisis (for any certain duration of course), it will be the underdeveloped that will face by far the most difficulty. Within a deeply destabilized world the country that is the minimum favorite will probably have the most sufferers.
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