Globalization and Development

Read this text about globalization and its effects. About ⅔ of the way through, it brings in Rostow's ideas and how it informs the Human Development Index (HDI). It then explains how, together, the HDI and Rostow's stages of growth combine to create a way to understand development.

Opportunity and Advantage

Considering the drive of individuals to increase their opportunities or advantages is one way to understand our world. People who have access to opportunities and advantages can generally achieve a higher standard of living than people without. This can be true for individuals, global corporations, or whole countries. Countries that have an opportunity or an advantage over others can achieve a higher standard of living for their people, and countries without such opportunities or advantages will struggle in a global economy.

A country's opportunities and advantages can be determined by various factors, such as the amounts of available natural or human resources, arable land for farming, forests for timber, and freshwater for fishing or a specific location that provides a greater access to the world markets. Examples of human resources are a large labor pool or a high percentage of educated professionals. Individuals seek to gain opportunities or advantages by increasing their education, learning new skills that can translate into higher earning power, or migrating to a place with improved employment prospects.

Rural-to-urban shift occurs when people move from rural agricultural areas to the cities for employment or in search of a better life and is an example of a migration pattern based on people seeking greater opportunities or advantages. When people migrate from a poorer country to a postindustrial country, they are seeking opportunities or advantages in life.

The "have" countries are those with opportunities and advantages; the "have-not" countries are those with fewer opportunities and advantages for their people or for their country's future. Migration patterns around the world usually shift people from places without resources to places with resources. These migration patterns, which are evident in rural-to-urban shift and periphery-to-core migration, allow individuals to seek a greater opportunities or advantages for the future.