has now stepping
has stepped/is stepping
that means globe is now flatter than ever in the term of globalization,
This part could be omitted.
match the standard of the new world order.
This sounds confusing.
are not obligate
are not obliged
no lost
no loss
nevertheless, it is considered to be a righteous thing to do
"Nevertheless" is a redundant word. You already used "although" in this sentence.
This essay shall shed a light on the benefits and the reason in why wealthy nations should lend a helping hand to poorer nations.
This sentence is not necessary.
Your introduction is too lengthy. You had better write a short and direct one to save time for your body paragraphs.
are guarantee
are guaranteed
from their sponsored nations
You could omit this part.
Benefits such as: access to cheaper import work force, unique privilege resources trading
This sentence is incomplete. You could merge it with the previous sentence.
despite of
despite = in spite of
by provided aids
by providing
to be gain
that can be gained
the end results
final results
both side.
both sides
due to the fact is was the act of compassion
Hope this helps!