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blaqsbi · 14 days

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Post: Sudanese refugees in Chad unable to access medical care for war injuries https://www.blaqsbi.com/5Pcu

#Globaldevelopment #Sudan #Chad #Africa #Worldnews

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renatoferreiradasilva · 9 hours

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The False Promise of Comparative Advantage: Unveiling the Flaws of Ricardo’s Theory in the Global South

The theory of comparative advantage, proposed by David Ricardo in the 19th century, has established itself as one of the cornerstones of classical economics. Its elegant logic suggested that free trade, driven by specialization in areas of comparative advantage, would lead to mutual prosperity among nations. However, the reality of growing disparities between the Global North and South exposes the failures of this theory in predicting the profound inequalities that would unfold. This essay unveils the reasons behind this failure, shedding light on the contextual factors that Ricardo’s theory failed to capture.

Disregard for Power Asymmetries

The theory of comparative advantage operates in an idealized scenario of equitable trade relations. However, the reality of international trade is permeated by significant power asymmetries between developed and developing countries. Nations in the Global North, with greater capital, technology, and political influence, often dominate markets, imposing unfavorable terms of trade on countries in the South.

Ignorance of Trade Barriers

Ricardo’s theory assumes the free circulation of goods and services between nations. In practice, countries in the Global South face a series of trade barriers, such as tariffs, quotas, and agricultural subsidies imposed by developed countries. These barriers restrict the access of Southern countries to international markets, limiting their opportunities to benefit from trade.

Underestimation of Multinational Exploitation

The theory of comparative advantage fails to consider the role of multinational corporations in perpetuating inequalities. Multinationals often exploit the natural resources and cheap labor of countries in the South, repatriating substantial profits while contributing minimally to local development. This dynamic exacerbates the disparities between nations.

Disregard for Structural Inequalities

Ricardo’s theory does not account for the deep-rooted structural inequalities that characterize many countries in the Global South. Factors such as historical colonization, limited access to education and healthcare, and poor infrastructure prevent these countries from competing on an equal footing in the international market.

Denial of Commodity Dependence

The theory of comparative advantage encourages specialization in areas of higher productivity. However, many countries in the Global South find themselves trapped in a cycle of dependence on the export of commodities, whose prices fluctuate in the international market, rendering them vulnerable to external shocks and perpetuating poverty.

Conclusion

The theory of comparative advantage, while contributing to the understanding of international trade, fails to explain the complex dynamics that have generated the growing inequalities between the Global North and South. By ignoring power asymmetries, trade barriers, multinational exploitation, structural inequalities, and commodity dependence, Ricardo’s theory presents a simplistic and inadequate vision of the realities of international trade.

To overcome global disparities, it is necessary to go beyond the simplistic logic of comparative advantage and consider policies that promote fair trade, economic diversification, institutional development, poverty reduction, and income redistribution. Only through a comprehensive and contextualized approach can we achieve a more equitable and prosperous future for all.

elaborado com inteligência artificial por um humano nativo do Sul Global

#ComparativeAdvantage #GlobalInequalities #InternationalTrade #EconomicTheory #DavidRicardo #GlobalDevelopment #GlobalSouthChallenges #EconomicEquity #StructuralInequality #PowerAsymmetries #Globalization #ClassicalEconomicTheory

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bettreworld · 30 days

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Better Worlds - Social Impact Series with Katrina Donaghy

#youtube #SocialImpact #KatrinaDonaghy #InnovationForGood #TechForGood #FutureSolutions #SocialChange #ImpactfulIdeas #CommunityEmpowerment #PositiveChange #GlobalImpact #EmpowermentSeries #GlobalDevelopment

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frontpageinsights · 2 months

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Stay Informed on World Events! These are Headlines You Can't Miss! Explore the Latest Developments and Stay Connected with important News!

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makemydayapp · 2 months

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The #EU accounts for nearly 35% of global #roadtransport emissions and is projected to become the second-largest #emitter this year, with emissions reaching 0.98 gigatons of #CO2! Across the EU, #Germany is the biggest #EU#transportation sector emitter!

Emissions of #greenhouse gases are falling in Europe – but not in the transport sector... That is the reason why efforts to #decarbonize road transport remain crucial for mitigating #climatechange and improving #airquality. 🌍🚗

Our latest #video illustrates how Make My Day is addressing and mitigating these elevated levels of transport CO2 emissions through innovative technology, and takes part in the European Commission's path to decarbonization.

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dronacharyacollege · 3 months

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Winners of "Abstract Writing Competition" under the topic "Advancing Computing as a Science & Profession".

ACM Student Chapter, Dronacharya College of Engineering, Gurugram congratulates Winners of "Abstract Writing Competition" under the topic "Advancing Computing as a Science & Profession".

Advancing Computing as a Science & Profession or ACM brings together computing educators, researchers, and professionals to inspire dialogue, share resources, and address the field's challenges.

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indianschool-blog1 · 4 months

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What is Development Management?

Demystify the concept of Development Management with this informative read. Gain a clear understanding of the principles, practices, and significance of Development Management in the context of today's complex global challenges.

#DevelopmentManagement #GlobalDevelopment #SustainableChange #SocialImpact

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dronacharyagroupofinstitutions · 6 months

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"DRON AAGMAN 2K23" || FRESHER'S PARTY || DRONACHARYA GROUP OF INSTITUTIONS - GREATER NOIDA

The much awaited day of Fresher’s Party - “Dron- Aagman” was celebrated by Dronacharya Group of Institutions, Greater Noida on 28th October, 2023. It was a day to welcome first year students in a friendly atmosphere and the day when seniors and juniors bond to celebrate the feeling of being connected with the college. The fresher’s and the seniors of the college exhibited many good pieces of performances by way of solo and group dance performances, single and duet singing and playing euphonious musical instrument sounds.

For More Updates Follow :-

Website :- https://gnindia.dronacharya.info/

Facebook :- https://www.facebook.com/DronacharyaG...

Instagram :- https://www.instagram.com/dgi_dronach...

Linkedin:- https://www.linkedin.com/school/72236...

Twitter :- https://twitter.com/DronacharyaDgi

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moonhiveofficial · 6 months

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Every year on October 24th, the world celebrates World Development Information Day. It serves as a reminder that access to information is a fundamental human right and an essential tool for development. It was first recognized in 1972 by the United Nations General Assembly, highlighting the role of communication and information in the global development processes.

#WorldDevelopmentInformationDay #informationforchange #betterfuture #developmentinformation #InformationDay #developmentinformationday #GlobalDevelopment #worlddevelopmentinformationday2023

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wnewsguru · 6 months

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विश्व बैंक भारत में डेटा से परिपूर्ण नीतियों की महत्वपूर्णता

विश्व बैंक के मुख्य अर्थशास्त्री इंदरमीत गिल ने कहा, 'भारत जैसे मध्यम आय वाले देशों में डेटा भरोसेमंद होने चाहिए। ऐसे आंकड़ों पर आधारित नीतियों की मदद से ही अगले 3-4 दशकों में भारत उच्च आय वाले देशों की श्रेणी में शामिल हो सकता है। गिल ने कहा कि विश्वसनीय आंकड़ों के आधार पर नीतियां नहीं बनाने पर सतत विकास हासिल करना कठिन हो जाएगा।'

#DataDrivenPolicies #WorldBankIndia #PolicyMaking #DataAnalytics #DevelopmentStrategies #EconomicGrowth #DataDrivenDecisions #GlobalDevelopment #PolicyImpact #IndiaEconomicPolicies

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kavithask · 7 months

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Empowering the Future: Energy for Sustainable Development

Explore the critical role of sustainable energy in driving global development and addressing environmental challenges. Discover how clean and renewable energy sources are shaping a sustainable future.

#SustainableEnergy #CleanEnergy #GlobalDevelopment #RenewableResources

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blaqsbi · 9 days

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Post: Moving pictures: travelling cinema takes stories of ‘departures and dreams’ to Senegal https://www.blaqsbi.com/5PJA

#Globaldevelopment #Migrationanddevelopment #Senegal #Film #Africa

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apptware123 · 7 months

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In this blog post, we will explore the numerous benefits of hiring dedicated developers from India and how it can give your business a competitive edge.

#Outsourcing #CostEffectiveCoding #GlobalDevelopment #TechSolutionsIndia #DedicatedDevTeam #InnovationFromIndia #SkilledDevelopers #ProjectExcellence #ITOutsourcing #EfficientCoding #BusinessGrowth #CollaborateWithIndia #QualityDevelopment #ClientSuccess #OffshoreDevelopment #DigitalTransformation #SoftwareSolutions #Apptware

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leadindia011 · 7 months

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We delve deep into the topic of "Decoding the Optimal Marriage Age for Couples: Breakdown and Insights for Girls". Are you curious to learn about the ideal age for girls to get married and how it impacts their lives? Throughout this content, we provide valuable information and insights regarding the perfect marriage age for girls that can significantly influence their personal growth, relationships, and overall well-being. By understanding these essential factors, you'll be equipped with the knowledge to make informed decisions about your future. Our expert analysis includes a breakdown of various aspects that contribute to determining the optimal age for marriage. We touch upon societal norms, cultural influences, psychological maturity, career aspirations, and personal desires.

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imeuswe · 10 months

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One World, Many Stories: World Population

This Population Day, make your family tree dense. Find your loved ones from our 1.6 billion database and build your family tree on iMeUsWe. Download iMeUsWe today - https://linktr.ee/imeuswe

Available both on Play Store and App Store.

Visit iMeUsWe Website - https://www.imeuswe.in/

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transorzekochi · 10 months

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"𝑰𝒇 𝒚𝒐𝒖 𝒇𝒊𝒍𝒍 𝒕𝒉𝒆 𝒃𝒐𝒘𝒍 𝒕𝒐𝒐 𝒎𝒖𝒄𝒉, 𝒊𝒕 𝒎𝒊𝒈𝒉𝒕 𝒄𝒓𝒂𝒄𝒌 𝒂𝒏𝒅 𝒃𝒓𝒆𝒂𝒌. 𝑺𝒂𝒗𝒆 𝒕𝒉𝒆 𝒑𝒍𝒂𝒏𝒆𝒕 𝒃𝒆𝒇𝒐𝒓𝒆 𝒊𝒕 𝒐𝒗𝒆𝒓𝒇𝒊𝒍𝒍𝒔 𝒃𝒚 𝒄𝒐𝒏𝒕𝒓𝒐𝒍𝒍𝒊𝒏𝒈 𝒕𝒉𝒆 𝒑𝒐𝒑𝒖𝒍𝒂𝒕𝒊𝒐𝒏."

Let us celebrate world population day by promising ourselves to be more responsible for the alarming rate of the growing population🌏

Take a stand. Raise awareness.

Control global population

Celebrate this 𝐰𝐨𝐫𝐥𝐝 𝐩𝐨𝐩𝐮𝐥𝐚𝐭𝐢𝐨𝐧 𝐝𝐚𝐲👬👭

For more details:

🌐 www.transorze.com

☎️ 9495833319

OUR COURSES:

🩺𝐌𝐞𝐝𝐢𝐜𝐚𝐥 𝐒𝐜𝐫𝐢𝐛𝐢𝐧𝐠

🩺𝐌𝐞𝐝𝐢𝐜𝐚𝐥 𝐂𝐨𝐝𝐢𝐧𝐠

🩺𝐌𝐞𝐝𝐢𝐜𝐚𝐥 𝐓𝐫𝐚𝐧𝐬𝐜𝐫𝐢𝐩𝐭𝐢𝐨𝐧

🩺𝐇𝐨𝐬𝐩𝐢𝐭𝐚𝐥 𝐀𝐝𝐦𝐢𝐧𝐢𝐬𝐭𝐫𝐚𝐭𝐢𝐨𝐧

💻𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭𝐢𝐧𝐠

📝𝐎𝐄𝐓 𝐓𝐫𝐚𝐢𝐧𝐢𝐧𝐠

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