High School Politics: How developing countries respond to the challenges of economic globalization

The negative impacts of economic globalization are mainly reflected in: (1) Due to the extensive and close connections between the world economy, the possibility of economic fluctuations in developing countries increases; (2) Economic globalization will have a negative impact on developing countries. The development of national industries and domestic markets brings varying degrees of impact; (3) In the process of participating in economic globalization, financial integration faces risks and may induce a country’s financial crisis; (4) Economic globalization uses resources on a global scale The rational allocation of resources can improve efficiency and significantly increase production, thereby creating more wealth. Under the current international economic order, wealth is increasingly concentrated in a few countries and interest groups, resulting in the widening gap between rich and poor worldwide. These negative impacts are endangering the development processes of countries at different levels of development to varying degrees, causing the existing North-South gap to continue to widen, and thus affecting the stable development of the world.

In order to adapt to the new international economic environment formed under the conditions of economic globalization, developing countries should gradually integrate with the world economy in stages based on their own economic development levels and comparative advantages. (1) Actively participate in global and regional economic cooperation and strive to promote the reform of the international economic order; (2) Effectively strengthen its own development and progress and continuously improve the country’s comprehensive strength; (3) Adopt a cautious attitude, gradually open the financial market, and avoid The impact of the financial crisis.

Faced with the rapidly developing wave of economic globalization, the question now is not whether we should participate in the process of economic globalization, but how to follow the historical trend and choose the right one based on our own economic development level and comparative advantages. The way to participate is to gradually integrate with the world economy in stages.

When participating in the process of economic globalization, how to effectively safeguard economic security and economic interests and strive to minimize the possible negative impact of economic globalization on the country is a common concern and must be solved by developing countries. problem. In order to adapt to the new international economic environment formed under the conditions of economic globalization, developing countries should adopt policies and measures that are conducive to safeguarding their own interests, including:

1. Actively participate in global and regional economic cooperation, Efforts to promote the reform and adjustment of the international economic order

In the process of participating in global and regional economic cooperation, developing countries should continue to strengthen coordination and cooperation in the field of multilateral cooperation on financial, trade and debt issues. In negotiations involving the formulation of new international trade and investment rules, we must fully coordinate our positions, jointly put forward some propositions that reflect the interests of developing countries, and strengthen our position in negotiations with developed countries to promote unreasonable international The economic order has gradually improved.

2. Effectively strengthen its own development and progress, and continuously improve its comprehensive strength

Strengthening itself through participation in globalization is the most fundamental and most important way to change the disadvantaged situation of developing countries. important way. Driven by scientific and technological progress, a new round of industrial restructuring is rapidly underway around the world. In the new international division of labor, developing countries are at a disadvantage. How to seize the opportunity, make full use of the comparative advantages of different development stages, participate in the international division of labor, improve competitiveness, and find the correct position of the country in the international division of labor system is the key to developing countries' smooth integration into the trend of globalization.

3. Adopt a cautious attitude, gradually open up the financial market, and avoid the impact of the financial crisis

Half a century of development has both successful experiences and lessons from failures. On the basis of carefully reviewing and summarizing these experiences and lessons, most developing countries have carried out or are currently adjusting their economic policies and structures, implementing economic diversification, promoting industrial structure upgrading, changing the composition of export products, developing the tertiary industry, and Promote the rapid development of the country's economy. After adjustments and reforms since the mid-1980s, the economic conditions of developing countries are constantly improving

Economic globalization is a historical process, and different stages of economic globalization have great impacts on the world economy, especially the economies of developing countries. The impacts are different, especially the current economic globalization, which not only brings new historical opportunities for development to developing countries like China, but also makes developing countries face unprecedented challenges. Developing countries like China can only truly share the benefits of economic globalization, develop their own economies, and improve their international status only by recognizing the situation clearly, seizing opportunities, meeting challenges, pursuing advantages and avoiding disadvantages, and taking correct and reasonable countermeasures. .