question_answer

Explain the concept of ?Common but differentiated responsibilities. How and where was it emphasised upon?

Or

Explain any three benefits of globalization with examples.

Answer:

The principle of Common but Differentiated Responsibility (CBDR) is one of the cornerstones of sustainable development. It has emerged as a principle of International Environmental Law and has been explicitly formulated in the context of the 1992 Rio Earth Summit. It finds its origin in equity considerations and equity principles in international law. It informs in particular the United Nations Framework Convention on Climate Change (UNFCCC) and the Kyoto Protocol.

The CBDR has two matrices. The first is the common responsibility, which arises from the concept of common heritage and common concern of humankind, and reflects the duty of States of equally sharing the burden of environmental protection for common resources; the second is the differentiated responsibility, which addresses substantive equality; unequal material, social and economic situations across States; different historical contributions to global environmental problems; and financial, technological and structural capacity  to tackle those global problems. In this sense the principle establishes a conceptual framework tor an equitable allocation of the costs of global environmental protection.

The United States does not accept any interpretation of principle 7 that would imply- a recognition or acceptance by the United States of any international obligations or liabilities, or any diminution in the responsibilities of developing countries." The same approach is shared by a number of other developed countries. This makes it difficult to configure the CBDR as a norm of customary international law.

Or

Globalization increases economic growth and generates a wider range of products and services. Economies that are developing globally have more economic growth than, established economies, demonstrating globalizations benefits for developing regions.

Globalization can help create capitalistic and democratic political systems. Foreign exchange allows more products and services to be available, while also lowering costs, because of specialization. In respect to utilitarianism, or the pursuit of the greatest utility for the largest number of people the tendency for data points to group together in a meaningful way.

From 1962 to 1989, South Korea?s GDP growth averaged over 8% year-on-year. Exports and international trade grew enormously, along with the purchasing power of South Korean individuals, supporting the argument that international exchange creates opportunities for developing countries. This idea also supports the way South Korea?s economies began specializing in order to capture comparative and grow more competitive in the global.