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The Impact of Globalization on Third World Countries

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  • Dr. Kenneth Okocha

    (Professor of Political Science, HillCity University Benin)

Abstract

The impact of globalization on the nations of the world especially third-world countries brings along with it the myriad of problems associated with globalization. The colonial partition of most countries of the third world especially Africa as well as the development of technology and the provision of capital for use in foreign countries by private corporations have all contributed to the development of globalization. At the same time, it may be argued that the global economy passed a series of changes in virtually all areas of human endeavour. Developed countries are now championing globalization to access the untapped resources of developing Third World countries.

Suggested Citation

  • Dr. Kenneth Okocha, 2024. "The Impact of Globalization on Third World Countries," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(9), pages 3259-3265, September.
    • Handle: RePEc:bcp:journl:v:8:y:2024:i:9:p:3259-3265
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