Overall , social spending is far lower in the South , with some regions registering just a few percentage points of GDP .
Therefore , in contrast to the North , the developing states are far more vulnerable to the pressures arising from economic globalization .
Social spending is far lower in the South , with some regions registering just a few percentage points of GDP .
Therefore , in contrast to the North , the developing states are far more vulnerable to the pressures arising from economic globalization .