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For Better or Worse The Merriam-Websters dictionary defines globalization as to make worldwide in scope or application Many third world countries around the world have been affected by globalization In the book Eyes of the Heart by Jean-Bertrand Aristide the author writes about the Haitian peoples struggle to survive with peace and simple dignity amidst the violence and devastation wrought on them by a two-hundred-year-plus encounter with the predatory forces of a global economy Not only is Haiti going through this devastation a dominant country such as the Republic of Korea has gone through this same distress Yet there are many differences between these countries Haiti is still suffering and the Republic of Korea has increased and benefited from this effect of globalization The world is experiencing rapid changes in vast areas caused by the new tide of globalization and information capabilities In this age of economic growth more than 13 billion people live on less than one dollar a day Three billion people or half the population of the world live on less than two dollars a day Yet this same planet is experiencing unprecedented economic growth 5 During the crisis of globalization the people in both countries did live on less than one dollar a day however the Republic of Korea was able to overcome the foreign exchange crisis in a short two years and revive its economy and Haiti was not For Korea globalization meant a policy of liberalizing and restructuring the country The intent of the liberalization policy is to adjust to international rules and regulations and the aim of restructuring is to strengthen competitiveness so that we can win in international competition Brown ICAS Korea through globalization has adjusted to these laws and beat the international competition Aristide writes we are not against trade we are not against free trade but our fear is that that the global market intends to annihilate our markets 10 Instead of adjusting to
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