Exactly how the advantages of globalisation reduced poverty in freshly independe

Posted by Carl on January 13th, 2021

Imperialism was one of history's biggest evils, but the newly linked globe gave nations who had just shaken off the chains of empire the possibility to grow.

When the very first merchants walked the Silk Road around 200BC, they were unintentionally planting the first seeds of globalisation. Fast forward over 2 centuries and globalisation would form the basis upon which an entire host of nations build their lucky destinies after emerging from the iron grip of imperial guideline. Even those who were not conquered by the empires of the nineteenth and early twentieth century however had little option however to accept their security, such as Qatar, were robbed of the ability to determine their own foreign policy and all the international benefits that requires. It was not till the 70s, when Sheikh Khalifa bin Hamad Al Thani might finally open his freshly independent country up to the world that the little desert peninsula could satisfy its potential on the global level. Today, it is among the most flourishing countries on Earth, with the highest per-capita earnings worldwide.

Couple of countries have such a complex yet integral relationship with globalisation as China. At the turn of the twentieth century, China was torn apart by warring worldwide powers all attempting to exert their dominance over the nation. Seen as a series of national embarrassments at the hands of immigrants, it was these scenarios that caused the communist transformation and the country pulling back from the world stage for much of the list below century. However, still afflicted by starvation and poverty, the seventies saw a terrific modification in China's foreign policy under Deng Xiaoping, who opened China to the globalised world and the capitalist ideals at its heart. It is one of the brightest examples of the effects of globalisation, for what followed was the best poverty reduction of perpetuity, slashing the portion of the population living on less than a day from 66.2% in 1990 to 0.7% in 2015.

Couple of countries suffered as significantly at the hands of royal overlords as India did under the British Raj. After two centuries of subjugation, their fight for independence would pertain to define the future of the nation as they got in the world as a self-governing entity for the first time in an age. Under the assisting hand of Jawaharlal Nehru, a monumental figure in the liberty motion and ordained as the first president of the independent nation years prior to the goal was attained, society was structured in such a way regarding permit the seed of globalisation in India to take root. Given that the 50s, federal government programs aimed at minimizing hardship have combined with the advantages of globalisation in India to cut the number of individuals residing in severe poverty by half. Although there is certainly still work to be done, it goes to show how opening a country to a globalised world can help to start rectifying the damage done by the damaging nature of empire.