Economic Colonization and a North-South Polarization Term Paper

Economic Colonization and a North-South Polarization - Term Paper Example However, the above distinction is found to be absent in the policy statements furnished by global trade and economic bodies like the World Trade Organization and International Monetary Fund. An analysis made on the basis of income suggests that the countries falling in the South Pole of international trade has per capita income at least less by 50 times in comparison to that of the countries pertaining to the North Pole. Further, the north-south polarization debate gained ground from the period of Cold War due to wide differences in the economic, political, and military resource conditions of the developed and developing countries. (Johnston, 2000, p. 558) The modern practice of international trade is contributing to the creation of economic colonies depending on the economic and political disparities of the different nations. This growth of economic colonization reinforces the concept of North-South Polarization. The notion of North-South Polarization earned due importance after the end of the Second World War. It is observed that the countries pertaining to the North Pole were referred to as the ‘First World’ countries. On the other hand, countries belonging to the South Pole were referred to as the ‘Third World’ countries. It is however, observed that the notion of the third world countries existed prior to the fall of the Socialist states like Soviet Union in 1980. In the previous period, the concept of third world was used in regards to geo-political ideologies in the realm of global politics. Moreover, the distinction between the North and South Polarization was also found to have relevance to the levels of industrial practice among the world nations.

Outline Plot from Journal Essay Example | Topics and Well Written Essays - 250 words

Outline Plot from Journal - Essay Example We ended up eating some pizza together because he said he wanted to make up for what he did. It was graduation day and Fitsum was neatly dressed. He waved at me with a bright smile as he held his diploma. It’s been seven months since we’ve first met and now we have been together for four months. Days passed without my knowledge because we were so in love. Fitsum seemed to be the ideal man, the best I could ever have. He introduced me to his parents and his family was lovely. Mom had known Fitsum all along as he usually hanged out at our house every weekend. We promised to communicate as often as we could. Fitsum was taking up Engineering at ---- School while I decided to take up ----. The distance between us was never an issue because we always found time to be together. My friends knew him well as he always escorted me in school activities. Fitsum, as they said, was an ideal guy. I felt proud whenever I heard this comment. Fitsum was still a varsity player in his college. Every girl in school adored him and it sometimes felt awkward for me to see girls flirting with him while he tried to get rid of them. There came a time when I got tired of his popularity and so avoided watching his games. I would see him after the game and that was how we celebrated. Things got complicated because he wanted me to watch all his games, saying I was his inspiration. I made alibis every now and then, which made things complicated. He did the same to me and never showed up when I invited him to our school activities. My friends asked why they did not see Fitsum anymore and I told them he was too busy w ith his games. Deep inside, I was hurting and could feel the end of our relationship. I have not seen Fitsum for two weeks and he did not have any new posts in his Facebook or Twitter account. I missed him so much but did not know what to do. Alas, I decided to