Globalization of nike essay

Although they may not recognize themselves as antiglobalists and are pro-capitalism, some economists who don't share the neoliberal approach of international economic institutions have strongly influenced the movement. Amartya Sen 's Development as Freedom ( Nobel Prize in Economics , 1999), argues that third world development must be understood as the expansion of human capability, not simply the increase in national income per capita, and thus requires policies attuned to health and education, not simply GDP. James Tobin 's (winner of the Nobel Prize in Economics ) proposal for a tax on financial transactions (called, after him, the Tobin tax ) has become part of the agenda of the movement. Also, George Soros , Joseph E. Stiglitz (another Economic Sciences Nobel prize winner, formerly of the World Bank, author of Globalization and Its Discontents ) and David Korten have made arguments for drastically improving transparency , for debt relief , land reform , and restructuring corporate accountability systems. Korten and Stiglitz's contribution to the movement include involvement in direct actions and street protest.

Are the very poor worse off? The world’s population is currently a little over 6 billion. About billion live in absolute poverty (about 1$ per day) and many more even below that. About 3 billion–that is nearly half the world’s population–have about $2 per day. About 820 million lack adequate nutrition, more than 850 million are illiterate and almost all lack access to basic sanitation. In rich countries less than one child in a hundred dies before the age of five. In the poorest countries one child in five dies. Every day three hundred thousand young children die from preventable causes. Life expectancy in rich nations averages 77 years whereas in sub Sahara Africa, it is 48 years.

Globalization of nike essay

globalization of nike essay


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