The increasing gap between developed, emerging and poor economies
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Description:
The gap between the developed and emerging and poor economies increases. The rich countries are getting richer and the poor countries are becomming poorer and poorer.
Enablers:
- No access to technology
- No access to international markets
- Protectionist subsidies
Inhibitors:
- The spread of technology to emerging and poor economies
- The access to internet and international markets
- The_increasing_globalization_of_markets
- E-commerce_in_developing_countries
- Global_Labour_Market
- The termination of protectionist subsidies by the developed world
Paradigms:
Old developed world is exploiting the poor economies.
Globalisation.
Experts:
World Bank
United Nations
World Trade Organisation
Timing:
It is happening now.
Web Resources:
www.worldbank.org
www.un.org
www.wto.org