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Globalization, NAFTA, and Washington

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Globalization, NAFTA, and Washington 4th Annual Urban Poverty Forum OneAmerica World Disparity Increasing Ratio of average income of 5 richest countries to 5-10 ... – PowerPoint PPT presentation

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Title: Globalization, NAFTA, and Washington


1
Globalization, NAFTA, and Washington
  • 4th Annual Urban Poverty Forum
  • OneAmerica

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World Disparity Increasing
  • Ratio of average income of 5 richest countries to
    5-10 poorest countries
  • 1900 91
  • Today 1001

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Remittances Prop Up Economies
  • In 2005
  • Global foreign remittances gt 300 billion
  • Donor aid 104 billion
  • India, Mexico, China and Philippines were at the
    top of the list, all over 24 billion each

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Corn Culture and Economy
40 of Mexicans (3 million farmers) farmed corn
at the time of NAFTA
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U.S. subsidized corn flooded the market
  • The U.S. was allowed to keep most of its
    agricultural subsidies.
  • From 1997-2005, a study shows that U.S.
    subsidized corn went into Mexico at 19 percent
    below the cost of its production.

13
Devastating Consequences to Farmers
  • 1.3 million farmers driven out of business.
  • Monthly income for self-employed farmers fell
    from 1959 pesos a month in 1991 to 228 pesos a
    month in 2003.

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Since NAFTA
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Militarization of the Border has Increased
Undocumented Immigrants in U.S.
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Poverty in Washingtons Immigrant Families
  • Quarter of foreign-born population live under
    100 of poverty, and another quarter under 200
    of poverty
  • Half of children in immigrant families living
    below 200 of poverty

21
JOIN THE MOVEMENT!
  • www.weareoneamerica.org
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