globalization - Delegation Economic and Social...

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Delegation : Economic and Social Council (ECOSOC). Subject : The role of globalization in helping people out of poverty in a sustainable manner. Country : New Zealand Delegates : Ana T. Garcia   Globalization is a “tendency of the markets and of the businesses to be extended, reaching a world dimension that surpasses the national borders” (DRAE 2006, 23’ Edition). It entails the end of regional treaties and economical independence, at the same time, helping solve economical needs that local factors have failed to satisfy. Due to globalization, according to the World Bank, the number of people living on $1 dollar a day on developing nations declined from 40% to 20% since 1981. Also, between 1950 and 1999, global literacy rose up to 81 %. New Zealand is known around the world for having one of the most free market capitalist economies; taxation is lighter than in most OECD countries. New Zealand’s economic objectives are focused on free-trade agreements and creating a “knowledge economy”. Its Human Poverty
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