Decline of colonial powers
The exploitation of the third world by the rich industrialised countries, that is colonialism, continues, directly or indirectly. Today the DCs and the LDCs are facing additional pressures: natural disasters, relocation of factories, and the hunt for untapped sources of natural energy. Bangladesh is a victim, and is under increasing social pressure due to turbulences in religious escape routes, for economic salvation, and the trappings of western democracy templates. The newly emerging nations are facing the indirect effects of the global village syndrome. The IT effect on societies has increased the awareness of the masses [note the hartal on shortage of fertilisers]. The reduction of the communication gaps in the have-not societies has made corruption a hard issue to tackle by the regimes, lured by the economic disparities between the first and third worlds. Now religious extremism is sought as an escape route back to religion, not back to virtual politics.
Where is the British stiff upper lip? How the astounding political tsunami in Australia came about? Today South Asia is in ferment--suspected to be organised by powerful foreign vested groups. Pakistan and Bangladesh are unstable; and suppressed aspirations of the minorities are bubbling over in India. Note the synchronisation of the secret blueprints of the past colonialists: divide and rule, and create law and order problems.
The global human civilisation appears to be facing a periodic, long-time cyclic change; keeping in the background the climate change, publicised as the greenhouse effect. The developing countries cannot take advantage of the leverage effects, dominated by the rich industrialised nations. The United Nations has been made impotent--the veto power is still there.
The single international currency, the US Dollar, enjoys the monopoly; but it is declining erratically. The OIC could not float the international currency for the Islamic world. The Middle East wealth is stored in the Unite States, providing a strong reserve base. The British pound sterling is isolated, and the Euro is virtually buoyant. Japan is isolated, and stagnated. The S Korean economy is controlled by cartels. Only China is booming menacingly; making the Americans jittery. There is a pattern in global economic changes, which are being noticed this decade. The world's only superpower has problems it cannot control unilaterally; led by the looming shortage of natural energy sources.
The developing countries have to enlarge long-term visions, and not run into local squabbles and political hair-splitting campaigns. We miss the national goals and objectives--it is the survival of the nation, not of political parties.
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