Write 7 pages thesis on the topic does globalisation aggrevate or reduce inequalities between nations.

Write 7 pages thesis on the topic does globalisation aggrevate or reduce inequalities between nations. This is undeniably most relevant in the current state of the world where any economic change cannot be unaccomapined by cultural and social changes in the society. Infact it would not be wrong to say that this has been the trend over the last century where subordinate or colonised society's cultures are infilterated by the dominant economic power. The Australian society stands out as one such example. In the colonisation era, the affect of european culture was consistently observed in autralia up until 1948, and this has now been replaced by a distinctive American influence (which can be attributed to the strong American Economy).

However contemporary globalisation is increasingly being associated with trends of inequality and wage distribution diffrences both on an intra nation and on a wider internation scale. These structural political-economic changes are generating greater social-spatial inequalities. As Rober Wade has states.

''Global inequality is worsening rapidly.... Technological change and financial liberalization result in a disproportionately fast increase in the number of households at the extreme rich end, without shrinking the distribution at the poor end.