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Dirty Greek - GB #8 - Globalization's Effects On Economies
  Slow Food : GB #8 - Globalization's Effects On Economies
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Globalization affects the economies of developing nations profoundly. Laborers in these countries are hardly ever paid a living wage, making the purchase of those necessities, not to mention food and shelter, difficult or impossible. Contract farming, wherein smallholders produce for private corporations, is used often in the developing world, and it certainly doesn’t help the position of the small growers (Raynolds 2000:442). The private corporations usually “loan” the necessary capital to the growers, which is then subtracted from the payment they receive for the end product when it is sold back to the corporations. In the Dominican Republic, the prices for tomatoes are set by the government and the corporations, often at harvest time. This means that sometimes, a grower will get nothing for the tomatoes he grows. He may even end up in debt (Raynolds 2000:445).

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