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

Globalization - Essay ExampleKincaid and Black presented their views regarding developing countries being profusely pressurized with agony from developed countries. The line faced by developing countries often arise due to financial reasons. Since developing countries are considered young, they need to make a lot of improvements in some aspect of society. In order to achieve it, developing countries will need a huge amount of money to support their development. Unfortunately, most of them do not have favorable financial situation. In Blacks documentary film, she also explains how developed countries with their huge and rude organizations - such as planetary Monetary Fund (IMF) and World Trade Organization (WTO) - control the politic, economy, and life 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 very cheeseparing practice. IMF granted a loan with the requisite of short term borrowing contract and trading interest. With no other options, Jamaicans had to accept the condition and open their realm 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 brass 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 accustomed 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 deserve and it is time t o bring somewhat a