Global economic inequality and international relations

Global economic inequality and international relations

Description/Paper Instructions

Global economic inequality and international relations

Global economic inequality refers to the unequal distribution of wealth, income, and resources among countries and individuals around the world. It is a multifaceted issue that impacts societies, economies, and international relations. In this essay, we will explore the causes and consequences of global economic inequality, as well as its implications for international relations.

Causes of Global Economic Inequality:

Historical Factors: Historical processes, such as colonization, imperialism, and exploitation, have contributed to the uneven distribution of wealth and resources among countries. The legacy of colonialism has left many developing countries at a disadvantage, with limited access to education, infrastructure, and economic opportunities.

Structural Factors: The global economic system, characterized by trade policies, financial institutions, and multinational corporations, often perpetuates and exacerbates economic inequality. Structural factors such as unequal terms of trade, debt burdens, and limited market access hinder the development and economic growth of poorer nations.

Technological Advancements: While technological advancements have the potential to drive economic growth and development, they can also widen the gap between technologically advanced countries and those lagging behind. The “digital divide” between countries with access to advanced technologies and those without further reinforces global economic inequality.

Consequences of Global Economic Inequality:

Poverty and Social Unrest: Extreme economic inequality contributes to high levels of poverty, deprivation, and social unrest. It creates disparities in access to basic services, such as education, healthcare, and clean water, leading to social and economic exclusion.

Political Instability: Economic inequality can fuel political instability and conflicts. When a significant portion of the population is marginalized and lacks opportunities for socio-economic advancement, it can lead to social unrest, political radicalization, and even violent uprisings.

Migration and Displacement: Economic inequality is often a driving force behind migration as people seek better economic prospects and improved living conditions. Migration flows can strain relationships between countries, create social tensions, and pose challenges for both sending and receiving nations.

Global Economic Imbalances: Global economic inequality can contribute to imbalances in trade, investment, and financial flows. Wealthier countries and multinational corporations have more influence and control over global economic decision-making, leading to unequal power dynamics in international relations.

Implications for International Relations:

Development Aid and Assistance: Global economic inequality has prompted the need for development aid and assistance from wealthier nations to support the economic growth and development of poorer countries. International organizations and initiatives, such as the United Nations, World Bank, and International Monetary Fund, play a significant role in coordinating development efforts and providing financial assistance to bridge the gap.

Trade and Economic Policies: Global economic inequality has influenced international trade and economic policies. Calls for fair trade, improved market access for developing countries, and the reduction of trade barriers aim to address the imbalance and promote more equitable economic relations between nations.

Global Governance and Institutions: Global economic inequality has sparked debates about the effectiveness and legitimacy of existing global governance institutions. Calls for reform and greater representation of developing countries in institutions like the United Nations Security Council, World Trade Organization, and International Monetary Fund aim to address the power imbalances and ensure that the interests of all nations are taken into account.

Conflict Resolution and Peacebuilding: Addressing global economic inequality is crucial for long-term peace and stability. Efforts to reduce inequality and promote inclusive growth can contribute to conflict resolution and peacebuilding initiatives, addressing the root causes of instability and reducing the potential for violence.

Sustainable Development Goals: The United Nations Sustainable Development Goals (SDGs) aim to tackle global economic inequality by addressing poverty, promoting inclusive growth, and reducing disparities. International cooperation and collaboration are essential for achieving the SDGs and fostering a more equitable and sustainable global economic system.

RUBRIC QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points:  Student failed to submit the final paper. 20 points out of 50:  The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50:  The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately.  Elements of the required response may also be lacking. 40 points out of 50:  The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples.  The answer is complete. 50 points:  The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples.  No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). Zero points:  Student failed to include citations and/or references. Or the student failed to submit a final paper. 5 out 20 points:  Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. 10 out 20 points:  References to scholarly sources are occasionally given; many statements seem unsubstantiated.  Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. 15 out 20 points:  Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented.  APA 6th Edition is used with only a few minor errors.  There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points:  Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented.  APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. Grammar (worth maximum of 20% of total points) Zero points:  Student failed to submit the final paper. 5 points out of 20:  The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors  10 points out 20:  The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors 15 points out of 20:  The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. 20 points:  The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. Structure of the Paper (worth 10% of total points) Zero points:  Student failed to submit the final paper. 3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. 5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements.  The student also significantly writes too large or too short of and paper 7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper.
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