Jamaica Case

Globalization refers to an activity whereby countries build business allies according to their own production ability and industry development level. Globalization should be viewed as a positive development trend which could promote global economic development to achieve efficiency. In last one decade, globalization has come under fire for its effect on smaller countries because it is alleged that developed countries intend to dominate small countries' markets for their own good. In this movie, even though Jamaica went from colonization to independence, the effect of globalization on Jamaicans still made Jamaica's economy slave to foreign rule.

As a developing country, Jamaica's economic development basically relies on animal breeding, growing plants-agriculture industry and low tech production industry. Compared with European and American farmers who receive subsidies from government, Jamaica's crops have a higher export price than western world, due to this reason, plenty of crops were just kept in the storage, and in order to maintain the internal market's product price, Jamaica could only import western world's products. Also on light industry aspect, compared with Asian labor price, Jamaica does not have any advantage to compete with Asian labor, lots of jobs occupied by Asian people who have lower labor price. Obviously, without regulation, globalization is necessarily unfair to less powerful nations. Europe and America owned technology advantage, through their high tech industry and value added product, developed country could subsidize their inefficient industry to protect their local disadvantaged industry, it not only cover the internal market demand shortage by not exporting foreign goods, but also could invade foreign market and dominate it. It could easily destroy less powerful country's industry and force them to rely on foreign market. This unfair market competitive behavior is completely against regular market rules. America or Europe could limit their agriculture industry due to their higher technology industries. The reason for this is that America and Europe want to protect their inefficient industry's safety. The developed country is afraid that if developing countries protest that they will stop exporting their inefficient industry's product like food and meat that will threaten their national security. Meanwhile, the benefits for export of inefficient product could be greater than the subsidy fees.

The objective for globalization is to build business allies according to each country's own production ability and industry development level in order to achieve highly production efficiency. Without regulation, powerful country could easily invade less powerful country's market through unfair subsidies and market control strategy. In order to achieve real globalization advanced groups should stop subsidizing their inefficient industries. This way, they

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