Redistributing the Global Economy

In life, you have individuals who where giving the grace of being born with better economical opportunities, and you also have those who unfortunately where born in the other side of the economical spectrum. Some individuals have managed a way to overcome those economical obstacles and have succeeded in the market, abandoning their old life standards and moving into a higher step in the economical ladder. As well as humans, nations suffer a similar economical situation. Some nations have acquired more wealth than others through out time, and the disparity of wealth between some nations is somewhat shocking. To show this broad disproportion, scientists have divided the world in two parts, the North and the South. “The North- South Divide is the socio-economic division between the wealthy developed countries, known collectively as “the North,” and the poorer developing countries as “the South.”… The North is home to four out of five permanent members of the United Nations Security Council and all members of the G8.”(1) As nations become economically developed, they may become part of the “North,” regardless of geographical location, while any other nations, which does not qualify as a developed nation, it is considered to be part of the “South”. The day when the economical situation in the South slightly compares to the wealth of the North is the day when most of our current international conflicts will disappear.

The Global South is where most people live. States in this region are mostly considered as developing countries. About a billion of people in the South live without access to basic nutrition, health care, lacking water, shelter, and basic necessities that they just can’t afford. According to international studies, every ...

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...the basic need of living. In order for a human being to thrive, he or she needs to fill conferrable in his or her own niche. They need to have a shelter with running water and electricity, a good medical health plan, the fundamentals of education, and most important they need to feel safe in their country. The North was able to successfully thrive on the expense of the South, and now it is time for the South to rise. In order for that to happen, the global South needs to redesign some of their regulations and maybe change some of the ways they have been doing business in the past. Potentially having foreign investors, from the North come and flood their economy with foreign currency. Personally I would suggest global South states to understand and learn how China, Japan, and South Korea where able to thrive from a Southern Nation, becoming part of the Global North.