ABSTRACT

This chapter considers mechanisms of international influence through which conditions of life are affected in the developing world and the obligations that these mechanisms create for citizens and governments in the industrialized world. It addresses the issues of trade and investment that have accelerated the process of globalization. The chapter shows the issues surrounding international development assistance, both governmental and nongovernmental—the topic of foreign aid directed toward stimulating development, alleviating poverty, and responding to humanitarian crises such as famines and refugee movements. It also considers development lending through development banks as the World Bank and the Asian Development Bank. The prosperity of wealthy countries in the modern global economy depends unavoidably on the contributions, resources, and labor of persons in the developing world. Free trade and the globalization of business activity have been under way at least since the 1950s.