Globalization: Daniel Yergin's "Giving Aid To World Term Paper

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¶ … Globalization: Daniel Yergin's "Giving Aid to World Trade" and Helena Norberg-Hodge's "The March of the Monoculture"

In their respective articles about the effects of western influence on developing nations and areas of the world, Daniel Yergin, in "Giving Aid to World Trade" and Helena Norberg-Hodge, in "The March of the Monoculture," express very different viewpoints on the benefits (or lack thereof) of western foreign presence in these places. Yergin is more sanguine about such presence overall. Norberg-Hodge is less so. While Yergin writes from a purely economic perspective, Norberg-Hodge writes from a cultural one, which perhaps explains the differences in their viewpoints on this issue.

As Yergin suggests in "Giving Aid to World Trade," for example, foreign aid may "improve health, education and national infrastructure . . . build legal and lending institutions . . . Such improvements can attract long-term foreign investment that creates jobs and encourages transfers of technologies to poorer nations." While this may be economically true, from a cultural viewpoint, like that of Norberg-Hodge, such widespread foreign involvement in the business of developing nations, including foreign aid, is culturally destructive. As Norberg-Hodge states, in "March of the Monoculture, for example: ". . . villages, rural communities and their cultural traditions around the world are being destroyed on an unprecedented scale under the impact of globalising market forces. Communities that have sustained themselves for hundreds of years are simply disintegrating."

Yergin sees the economic benefits of helping developing nations "catch up" with the west. Norberg-Hodge, in the other hand, questions both the wisdom and the necessity of such nations' "catching up" in the first place, in terms of cultural and even personal (to their self-esteem) damage to the peoples living in those areas of the world.

Works Cited

Norberg-Hodge, Helena. "The March of the Monoculture." Retrieved May 26,

2005, from: .

Yergin, Daniel. "Giving Aid to World Trade. Policy Matters, Vol. 2, Issue 34 (July

2002). Retrieved May 26, 2005, from: .

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