What are the 4 main global problems? Students will develop a paper that demonstrates the understanding of a global problem through research, organization, and drafting strategies.
Students will develop a paper that demonstrates the understanding of a global problem through research, organization, and drafting strategies. Students should select a global problem and possible solutions to the problem.
The year 2022 offers a conflicting picture of the global economy trying to discern the economy trends, challenges and the opportunities. Concerns regarding energy security and climate sustainability are on a rise. In the USA, these two are converging – finally bringing consensus in sight on the need for action. Researchers have urged that the prospects for breaking the global stalemate are yet years away Odell, (2009).
While developing countries are putting efforts in bringing most of their population out of poverty, some of these nations have stagnated due to spiral of conflicts, poverty and outbreak of diseases. However, we cannot undermine the efforts from philanthropists, advocates and global cooperations in trying to combat these challenges. China, with a 9.6% growth rate is sending ripples to the world –creating new opportunities but also with risks.
According to (Junod et al., 2018), the USA remains in “goldilocks” zone. This is brought by borrowing from abroad at unprecedented rates while most of the Americans fret about widening inequality. The USA concentrates on civil war in the Middle East. Most of its leaders are preoccupied with putting outsized cohorts of young people to work casually to become productive citizens.
In our case, what are the top 5 global challenges that we face today? The publication of Brookings Global Economy and Development seeks to put the spotlight on most issues that are demanding actions. They intend to: seize these issues, offering leaders and policymakers a clear view of the challenges as they are analyzed by experts in the field.
From the issues of economic exclusion of youth in the gulf to approaching energy and environmental security, the following are top four issues that are tackling the globe at the moment.
Global healthcare systems
CGH’s global health portfolio focuses on long-standing global health challenges in facing the world today. Such global health includes: HIV, COVID-19 pandemic, tuberculosis, malaria, parasitic diseases, and vaccine-preventable diseases including measles and polio. There are many more diseases that the world faces.
For example , in 2020, about 160 million children were forced into labor Leppel (2020). Additionally, COVID-19 put more than 7 million more kids at risk. That’s about 1 in 10 children globally. Half of these children are in dangerous environments. Other factors on this list includes: climate change, poverty, COVID, gender equality, infringes on children rights. Gender equality : Global gender equality has improved over the years. However, data from the 2021 Global Gender Report indiates a 135 years difference.
The world’s population has now begun to realize health is relevant to anyone regardless of their status, nationality or residence. Despite the world’s effort in combating these diseases the Everlasting solution to global health remains unmet. This makes the entire world vulnerable to health crises. Particularly, the poor will still suffer disportionately from poor health services exacerbating their struggle out of extreme poverty.
Energy and environmental security
Global warming occurs when carbon dioxide and other pollutants collects in the atmosphere, absorbs solar radiation and sunlight that have bounced off the earth’s surface. The bounced radiations escapes into the space. However the pollutants- heat trapping pollutants can last for years to centuries in the space. They do trap the heat, causing the planet to get hotter. These pollutant includes, carbon dioxide, methane, nitrous oxide, fluorinated gases, greenhouse gases emissions, water vapour and their impact is called the greenhouse effect.
How global warming is linked to extreme weather: the rising earth’s temperatures are fuelling longer heat waves, droughts, heavier rainfall and powerful hurricanes. The ocean temperatures are getting hotter too. With these increased intensity, comes increased death. The usa saw a weather and climate disasters that caused over a billion dollars damages in 2020. Other effects of global warming includes:
Energy and environmental security emerged as the primary issue on global agenda of 2007. Consensus, having been forged on the potential for long term economic, security and societal damage from insecure energy supply, need for technological advances and environmental catastrophe.
Despite growing global momentum, there is a little agreement on the action that are required to reduce global dependency on fossil fuels and greenhouse emissions. According to international policy challenge, it is the disproportionate impact of high oil prices and global warming in the world. This insulates some nations from concern while forcing other nations to press for more changes.
Economic Exclusion in the Middle East
The Middle East has what could be one of the greatest demographic gifts in modern history. This is what we call an economic windfall rising from the young population – an actively economic workforce. Today, young population aged 15 -24 years old count for a whopping 22% of the region’s total population. It is the highest regional average worldwide. With the rightful application and making of policies, tis population can be tapped to unlock the economic growth hence promoting stability.
Global economy: This is the sum of all activities that takes place both within a country and between different countries. A country is a separate unit. It has its own industrial production, labour market resources, financial market and environment Zorabell (2017).
How does the global economy work?
Global economy has changes over the years, in a way that it is organized and governed by collaborating nations. These changes have consequences that not only affects the good and services provided but also the movement of people. A seen over the years, too great fluctuation in the international economic system can lead to a global economic crisis.
We will have a look at the global economy, how it functions, and its effects on our lives. Here we can have a look at the forces that govern the world economy.
Characteristics of the global economy includes:
Importance of global economy
Who controls the global Economy?
Contrarily to what many people think that the global economy is controlled by powerful economies in the world, it is not. According to world economic news, USA banks do participate in traditional government businesses like power production, oil refining, and operating in public assets such as airports and train stations. This was later proven by me members of the US Congress.
How does the global economy work?
This can only be defined in one word – transactions. International transactions between top economies in the world help in improvement of global economy. They mainly involve international trade. The following are some of the benefits that are associated with theses transaction:
What are the benefits of global economy?
Free trade: it is an excellent method for countries to exchange goods and services. Allows countries to specialise in production of goods which have a comparative advantage.
Movement of labour: increased migration of the labour force is advantageous for the recipient country. This reduces geographical disadvantages.
Increased economies of scale: this helps to lower the average costs and lowering prices for customers.
Increased investment: this helps economies to attract short term and long term investment.
Factors affecting global economy: Natural resources, Infrastructure, Population, Labour, Human capital, Technology, Law.
According to Dwivedi (2017), Pollution is a term that refers to ocean litter, pesticides and fertilizers, air, light and noise pollution. Clean and safe water is essential for humans and animals. However, more than one billion people don’t have access to clean water. This is due to pollution from toxic substances such as sewage or industrial waste. It is of the utmost importance that people all over the world come together and begin working to minimize pollution. This will lead to better the health of the planet and support all the livelihood on it.
In conclusion, it is everyone’s individual effort to combat the above challenges facing the world today. Prevention practises will be the best if applied. Ranging from practising health practises, to control of human activities, the world will be a better place to live even for future generations.
Dwivedi, A. K. (2017). Researches in water pollution: A review. International Research Journal of Natural and Applied Sciences, 4(1), 118-142.
Junod, Anne N., et al. “Life in the goldilocks zone: perceptions of place disruption on the periphery of the Bakken Shale.” Society & natural resources 31.2 (2018): 200-217.
Leppel, Karen. “Labor force status of transgender individuals.” Handbook of Labor, Human Resources and Population Economics (2020): 1-16.
Odell, J. S. (2009). Breaking deadlocks in international institutional negotiations: The WTO, Seattle, and Doha. International Studies Quarterly, 53(2), 273-299.
Zarobell, John. Art and the global economy. Univ of California Press, 2017.
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