BMZ ACADEMY 061 262 1185/068 053 8213/0717 513 144
, BMZ ACADEMY
Table of Contents
Introduction ................................................................................................................ 3
1. Considering the preceding citation, critically discuss the scrupulousness of
lobal institutions in improving living standards, particularly in developing countries.
(20 marks) ............................................................................................................... 3
WTO .................................................................................................................... 3
IMF ...................................................................................................................... 4
World Bank .......................................................................................................... 4
2. Evaluate and extensively assess the impact of globalisation on developing
countries, such as South Africa. Give practical scenarios to substantiate your
position. (20 marks) ................................................................................................ 6
The cultural and social impact. ............................................................................ 6
The economic ramifications ................................................................................. 6
The political ramifications .................................................................................... 7
3. Discuss the two faces of globalisation, one of which is connected to a slew of
anti-globalisation movements, while the other suggest that globalisation has lifted
people out of poverty. (20 marks) ........................................................................... 8
Job creation ......................................................................................................... 8
Enhancing citizens` income ................................................................................. 8
The concept of national sovereignty .................................................................... 9
The allocation of resources .................................................................................. 9
4. How can trade agreements be restructured to immaculately benefit Sub-
Saharan African countries? (20 marks) ................................................................. 11
Free trade areas ................................................................................................ 11
Tariffs ................................................................................................................. 11
Anti-dumping...................................................................................................... 12
Conclusion ............................................................................................................... 12
References ............................................................................................................... 13
BMZ ACADEMY 061 262 1185/068 053 8213/0717 513 144
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