Pros and Cons of Globalization

Pros

- Globalization is the logical, "natural" expression of modern international capitalism
- New wealth will "trickle down" from rich to poor (countries and individuals)
- Globalization will spread benefits of new ideas and technologies
- The World Bank, the International Monetary Fund (IMF) and the World Trade Organization (WTO) loan money to nations so they can invest in business
- The world's poor countries will catch up to the rich ones
- Each country can produce to goods for which it is best suited.

Cons

- Globalization is a policy promote by core countries; it results in inequities between "haves" and "have nots"
- It's just not working in the last 20 years, rich countries have grown richer, while the poor have become more impoverished
- It promotes free-market, export-oriented economies at the expense of localized, sustainable economies.
- The World Bank, the IMF and the WTO interfere with a nation's decision-making power
- It's not fair : the richest 20% of the world's people consume 86% of the world's resources
- The whole economic system is very unstable, too easy for a crisis to escalate

Population and Settlement

population raise

- over 7 billion people on the planet right now
- increasing by over 73 million per year
- by approx. 201, 000 per day (in 2013)
- 8377 per hour
- 140 per minute
- 2.3 per second
- 90% of this population growth takes place in the developing countries of Africa, South and East Asia, and Latin America