Answer:
Globalization can increase foreign aid, trade, and investment to third-world countries, which can boost their economic growth and development
Globalization can also create more opportunities for migration, education, and cultural exchange for people in third-world countries, which can improve their living standards and human rights
However, globalization can also widen the economic gap between rich and poor countries, as well as within countries, as some regions and sectors benefit more than others from global integration
Globalization can also expose third-world countries to external shocks, such as financial crises, pandemics, and environmental disasters, which can undermine their stability and resilience
Therefore, globalization is not a simple or uniform process, but a complex and contested one that has different impacts on different countries and groups. The outcomes of globalization depend on various factors, such as the policies, institutions, and capacities of third-world countries, as well as the roles and responsibilities of developed countries and international organization