Periphery countries

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    categories of the world system, and China belongs to Semi-Periphery due to the large land mass. Similarly, a country also has the categories, some cities are core regions

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    Arrangement was created to regulate the amount of textile imports that a developed country can receive from a developing country. The imlememtation of quotas allowed developing countries to have an opportunity to some of the market share in the global clothing market, and consistently contribute to the development of The United States, Canada, and the European Union put quotas on the amount of apparel entering their country at any given year. The implementation of this agreement was a contentious political

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    gave rise to many alternatives to political development including the dependency theory and the world system approach. The Dependency theory was especially popular among leftist scholars, the theory supposes that “development in the third world countries is dependent on development in the already developed nations” however sometimes there might be a conflict between the two processes. It supposes that the first world or what

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    takeoff stage, the drive to maturity stage, and the age of mass consumption stage. Rostow believed that every country moves from one discrete state to the next. Modernization theory considered that all countries exist along various points of single developmental path. Every country fell along the same developmental spectrum. The modernization theorists maintained that the today’s developed countries have gone through all the stages of development and the developed nations were also underdeveloped at some

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    nations. The purpose of the paper is to investigate the role of trade liberalization in the economic development of Nigeria. The study was carried out using the world systems theory, which believes that there is a world economic system in which some countries benefit while others are exploited. Secondary sources of data were used in the study. Our findings however reveal that trade liberalization quite contrary to what its proponents have postulated has not resulted to any economic growth in Nigeria.

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    More so, in Durkheim’s Division of Labour, progress is linked to urbanisation (Durkheim, 2001). The large cities are the undeniable core of progress; it is there that the values, needs, ideas emerge, subsequently to spread to the rest of the country. Generally, change in society occurs owing to them and to imitating their experience (Valade, 2007). Durkheim identified two basic sources of cohesion: mechanical solidarity (the case of societies fragmented into family or geographical aggregates) and

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    and labour of the entire world to manufacture the goods in the most appropriate areas, and then sell the produce to the areas which require them, to accomplish the most favourable distribution of resources in the world. This caused enterprises and countries to break out the boundaries of the local resources and markets, starting a competition with others in a broader sense to accomplish development. Globalization brings states and regions together by reducing the distances between each other and increasing

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    political, economic, social, and cultural aspects of the world positively and negatively. Politically, globalization started mostly because of colonization which also helped shape the world today. The positive side of colonization is that many countries and regions of the world became very developed, including the USA, Europe, and parts of Asia. As colonization began in the 1490s and the early 1500s in the Americas, Great

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    The Question: Globalization and poverty Once the Era of apartheid had come to an end in 1994 the internationally development community entered South Africa promoting the microcredit model with high hopes to empower the poorest black communities to break loose from the poverty spiral, however the Microcredit model was seen to be having the complete opposite effect, ultimately causing incredible damage to the area. The microcredit model was supposed to be the means of bringing sustainable development

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    Harry Truman, in a speech in January 1949, stressed the need to help the "underdeveloped" countries. In an international context of profound change following the Second World War and the process of decolonization that followed, the United States , then became superpower , proposed to establish a new world order in which the conflicting worldviews stand down mutual development ; The aim is to enable all countries to achieve a high level of economic well-being and social development. As the Cold War

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