Irrational fear of industrialization of developing countries
Many developed countries fear that as poorer countries industrialize they will produce goods much cheaper than is possible elsewhere, thus leading to mass unemployment in many developed countries. This fear often leads to protectionist measures for domestic goods and trade barriers for the manufactured goods of developing countries. In fact the reverse is true. Just as better pay and working conditions for workers in industrialized countries contributed to the growth of their national economies, so the development of poor countries will strengthen the world economy. It is estimated that trade with developing countries has led to the net addition of several hundred thousand jobs to the economies of developed countries.
The Encyclopedia of World Problems and Human Potential is a collaboration between UIA and Mankind 2000, started in 1972. It is the result of an ambitious effort to collect and present information on the problems with which humanity is confronted, as well as the challenges such problems pose to concept formation, values and development strategies. Problems included are those identified in international periodicals but especially in the documents of some 60,000 international non-profit organizations, profiled in the Yearbook of International Organizations.
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