Why is the gap between developing countries and developed countries widening after economic globalization?

Obviously, the benefits of globalization to developed countries are far greater than those to developing countries. And developed countries have the first-Mover advantage.

The main reason for the widening gap between the rich and the poor in developing countries and developed countries is the failure to establish a fair, reasonable and orderly new international order.

Political and social instability in developing countries, accelerated economic globalization, and sustained and rapid economic growth in the West, especially in the United States.

Extended data:

The economic situation in developing countries has improved mainly in the following aspects.

First, from 65438 to 0998 to 2006, the exports of developing countries doubled. Benefiting from the increasing demand for primary products and their rising prices, the balance of payments and fiscal balance of developing countries has improved, and the current account has a surplus for the first time.

Second, South-South cooperation has been continuously strengthened. Not only the trade between developed countries and developing countries is growing, but also the trade between developing countries is growing rapidly, with the trade volume increasing from 1995 to10.7 trillion in 2005. In 2007, the economic integration within and outside Asia, Africa and Latin America made new progress, making its total foreign trade exceed 30% of the total global trade.

Third, the per capita income has increased substantially. From 2003 to 2007, the per capita GDP of developing countries increased by nearly 30%, while that of developed countries represented by the Group of Seven only increased by 10%. In 2007, among 143 China developing China countries, it is estimated that only 10 countries will see a decline in per capita real income. 1980, the per capita income of developed countries is 23 times that of developing countries. By 2007, the gap will be reduced to 18 times.

Fourth, the accelerated pace of capital export in developing countries has led to structural changes in international capital flows. Traditionally, international capital flows from north to south, but now the trend of capital transfer from developing countries to developed countries is more and more obvious.

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