Globalization Essay Example | Topics and Well Written Essays - 1000 words - 6

Globalization - strive ExampleKincaid and Black presented their views regarding developing countries being profusely pressurized with agony from developed countries. The problem faced by developing countries often arise due to financial reasons. Since developing countries are considered young, they need to betray a lot of improvements in some aspect of society. In order to achieve it, developing countries leave need a huge amount of money to support their development. Unfortunately, most of them do not confine favorable financial situation. In Blacks documentary film, she also explains how developed countries with their huge and inhuman organizations - such as International Monetary Fund (IMF) and World Trade Organization (WTO) - take for the politic, economy, and carriage of the Jamaicans. After colonialism, Jamaica started her independence with the loan from IMF. The IMF has certainly helped many countries and this is a rattling good practice. IMF granted a loan with the requisite of short term borrowing contract and trading interest. With no other options, Jamaicans had to wear the condition and open their country to globalization. By then, there are many multinational corporations that followed along globalization, such as Mc Donald, Tacobell, Baskin Robins and many more. For many years, Jamaica had been dependent with the loan of IMF. In 1973, the banking system needed financial support to support the agriculture in Jamaica. Seeking a solution, the government of Jamaica came to IMF again for a loan. beyond any expectations, the requisite that was given by IMF became stricter than before. IMF proposed the restriction to abandon local subsidy and any control of import product. Without any options left, the government of Jamaica had to accept the condition to help save their financial problem. The exploitation of laborers is very common in almost every developing country and this is unacceptable, it is high time to pay the laborers what they be an d it is time to bring about a