With reference to specific examples evaluate the possible ways of reducing global differences in wealth.

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a) Assess the global implications of the trends shown

The biggest drop in percent of population living on $1 or less occurs in East Asia and Pacific, this followed suit with the globalisation of the world, with TNCs spreading across continents. East Asia, china and India have seen the biggest influx of foreign direct aid and seen a massive expansion in their secondary sector. This has brought a surge of higher paying jobs and improved the livelihood of many. The global implications of this have created a different economic climate with increasing power shifting from America to Asia. The standard rich and poor divide is becoming increasingly blurry with many eastern Asian countries moulding the global future. The implications could be dangerous, though economically China is inspiring, socially and environmentally the country is still in the dark ages and with power shifting are say on human rights and environmental damage is becoming slowly quieter.

Sub-Saharan Africa has shown little change in the percentage of population living on $1 or less. This contradicts the fact that aid has increased dramatically since 1981, showing that aid has little effect on long term success of a country. The poor inhabitants of Africa has allowed many multinational companies to take advantage of the low paying subsistence farming and have managed to shift control from them to the to TNCs. Cash cropping has become a common place in Africa, with a high dependency on the technology and capabilities of the MEDC companies.

Eastern Europe and Central Asia have seen an increase in the percent ever since the 1990s, the breakdown of communism and caused a vacuum of development as Europe must spread into the global era. Being slow to take up globalisation the countries of Eastern Europe have seen an increase in poverty as the countries in East Asia and South Asia attract the sights of TNCs.

b) With reference to specific examples evaluate the possible ways of reducing global differences in wealth.

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With connections between the rich and the poor becoming increasingly stronger in the global era, it is becoming increasingly harder to ignore our personal effects on the less fortunate. Ties created in a different social era have suppressed the development of the less economically developed countries. We have a responsibility to assess our impacts and create a suitable response if we are ever to progress to a world were boundaries no longer exist. The globalisation of the North and South divide has not allowed countries to exploit their potential but instead allowed the power countries to strengthen their hold over ...

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