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The Impact of Globalization on the World's Poor by M. Nissanke,E. Thorbecke Pdf
This book examines the various channels and transmission mechanisms, such as greater openness to trade and foreign investment, economic growth, effects on income distribution, technology transfer and labour migration through which the process of globalization affects different dimensions of poverty in the developing world.
Author : Ann Harrison Publisher : University of Chicago Press Page : 675 pages File Size : 51,5 Mb Release : 2007-11-01 Category : Business & Economics ISBN : 9780226318004
Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.
Author : Paul Collier,David Dollar Publisher : World Bank Publications Page : 200 pages File Size : 55,9 Mb Release : 2002 Category : Business & Economics ISBN : 082135048X
Globalization, Growth, and Poverty by Paul Collier,David Dollar Pdf
Globalization - the growing integration of economies and societies around the world, is a complex process. The focus of this research is the impact of economic integration on developing countries and especially the poor people living in these countries. Whether economic integration supports poverty reduction and how it can do so more effectively are key questions asked. The research yields 3 main findings with bearings on current policy debates about globalization. Firstly, poor countries with some 3 billion people have broken into the global market for manufactures and services, and this successful integration has generally supported poverty reduction. Secondly, inclusion both across countries and within them is important as a number of countries (pop. 2 billion) are failing as states, trading less and less, and becoming marginal to the world economy. Thirdly, standardization or homogenization is a concern - will economic integration lead to cultural or institutional homogenization?
The Impact of Globalization on the World's Poor by Machiko Nissanke,Erik Thorbecke Pdf
While the economic opportunities offered by globalization can be large, a question is often raised as to whether the actual distribution of gains is fair, in particular, whether the poor benefit less than proportionately from globalization and could under some circumstances be hurt by it. This book examines the various channels and transmission mechanisms, such as greater openness to trade and foreign investment, economic growth, effects on income distribution, technology transfer and labour migration through which the process of globalization affects different dimensions of poverty in the developing world.
Discuss the impact of globalization on global poverty and inequality by Veronika Minkova Pdf
Essay from the year 2010 in the subject Politics - Topic: Globalization, Political Economics, grade: 1,7, King`s College London, language: English, abstract: The period from the end of the World War II to the mid-1970s saw world-wide sustained and high economic growth. Within a generation Western European society was transformed from predominantly agrarian to post-industrial. Latin America, Asia and Africa also were heading towards higher growth rates. During the 1980s, a new period of integration of national economies led to the intensification of international economic interconnectedness and developing economies were expected to overcome the between-country income gap through openness-growth link. This was seen as the manifestation of neoliberalism as new forms of international economic relations emerged such as industrialisation and the new international division of labour. However, as recent studies point towards increasing world poverty and inequality, scholars have re-examined the validity of the neoliberal argument. After years of implementing prescribed reforms, some developing countries and regions, such as Sub-Saharan Africa, have not experienced the expected growth. Chapter 2 summarizes the implications of the policy-paradigm inspired by the Washington Consensus. Chapter 3 identifies current trends in global poverty and inequality with attention to the different measures used to interpret world economic well-being. The next chapter analyses the openness-growth-inequality-poverty nexus. The final chapter seeks to recognize causes of poverty and inequality transmitted by the globalization process. The factors of poverty and inequality path dependence are grouped in four categories: economic openness and technological progress; macroeconomic policies; financialisation of the economy; and international financial institutions.
Author : Joseph E. Stiglitz Publisher : W. W. Norton & Company Page : 304 pages File Size : 43,8 Mb Release : 2003-04-17 Category : Business & Economics ISBN : 9780393071078
Globalization and Its Discontents by Joseph E. Stiglitz Pdf
This powerful, unsettling book gives us a rare glimpse behind the closed doors of global financial institutions by the winner of the 2001 Nobel Prize in Economics. When it was first published, this national bestseller quickly became a touchstone in the globalization debate. Renowned economist and Nobel Prize winner Joseph E. Stiglitz had a ringside seat for most of the major economic events of the last decade, including stints as chairman of the Council of Economic Advisers and chief economist at the World Bank. Particularly concerned with the plight of the developing nations, he became increasingly disillusioned as he saw the International Monetary Fund and other major institutions put the interests of Wall Street and the financial community ahead of the poorer nations. Those seeking to understand why globalization has engendered the hostility of protesters in Seattle and Genoa will find the reasons here. While this book includes no simple formula on how to make globalization work, Stiglitz provides a reform agenda that will provoke debate for years to come. Rarely do we get such an insider's analysis of the major institutions of globalization as in this penetrating book. With a new foreword for this paperback edition.
Globalization, Poverty and Inequality by Raphael Kaplinsky Pdf
Globalization is characterised by persistent poverty and growing inequality. Conventional wisdom has it that this global poverty is residual – as globalization deepens, the poor will be lifted out of destitution. The policies of the World Bank, the IMF and the WTO echo this belief and push developing countries ever deeper into the global economy. Globalization, Poverty and Inequality provides an alternative viewpoint. It argues that for many – particularly for those living in Latin America, Asia and Central Europe – poverty and globalization are relational. It is the very workings of the global system which condemn many to poverty. In particular the mobility of investment, and the large pool of increasingly skilled workers in China and other parts of Asia, are driving down global wages. This poses challenges for policy makers in firms and countries throughout the world. It also challenges the very sustainability of globalisation itself. Are we about to witness the implosion of globalisation, as occurred between 1913 and 1950? Using a variety of theoretical frameworks and drawing on a vast amount of original research, this book will be an invaluable resource for all students of globalization and its effects.
Globalisation and Poverty by Maurizio Bussolo,Jeffery Ian Round Pdf
Comprises eight essays which are concerned with two questions: how do globalisation and poverty affect one another and what can governments do about the situation.
Looking Beyond Averages in the Trade and Poverty Debate by Martin Ravallion Pdf
"There has been much debate about how much poor people in developing countries gain from trade openness, as one aspect of 'globalization.' Ravallion views the issue through both 'macro' and 'micro' empirical lenses. The macro lens uses cross-country comparisons and aggregate time series data. The micro lens uses household-level data combined with structural modeling of the impacts of specific trade reforms. The author presents case studies for China and Morocco. Both the macro and micro approaches cast doubt on some wide generalizations from both sides of the globalization debate. Additionally the micro lens indicates considerable heterogeneity in the welfare impacts of trade openness, with both gainers and losers among the poor. The author identifies a number of covariates of the individual gains. The results point to the importance of combining trade reforms with well-designed social protection policies." -- Cover verso.
Does Globalization Hurt the Poor? by Pierre Richard Agenor Pdf
Agenor attempts to examine analytically and empirically the extent to which globalization affects the poor in low- and middle-income countries. He begins with a description of various channels through which trade openness and financial integration may have an adverse effect on poverty. However, the author also stresses the possible nonlinearities involved-possibilities that have seldom been recognized in the ongoing debate. Agenor then presents cross-country regressions that relate measures of real and financial integration to poverty. The regressions control for changes in income per capita and output growth rates, as well as various other macroeconomic and structural variables, such as the inflation tax, changes in the real exchange rate and the terms of trade, health and schooling indicators, and macroeconomic volatility. The author uses not only individual indicators of trade and financial openness but also a "globalization index" based on principal components analysis, and tests for both linear and nonlinear effects. The results suggest the existence of a nonmonotonic, Laffer-type relationship between globalization and poverty. At low levels, globalization appears to hurt the poor; but beyond a certain threshold, it seems to reduce poverty-possibly because it brings with it renewed impetus for reform. So, globalization may hurt the poor not because it went too far, but rather because it did not go far enough.
The Effect of Globalization on World Poverty and Income Inequality by Kelvin Okundaye Pdf
Bachelor Thesis from the year 2016 in the subject Politics - Topic: Globalization, Political Economics, grade: 1,7, University of Mannheim, language: English, abstract: In this paper, we will try to determine if any of the theoretical camps are “right” and if so, which one. We will first review current literature to clarify which arguments frame the respective pro and con attitudes towards globalization. This will include theoretical approaches as well as previous studies done in the field. We will then empirically analyze the issue ourselves with the newest available data. To do so, we will first need to establish practicable definitions of globalization, poverty and inequality, and then try to find relation-ships between these factors. Lastly, we will interpret our results. To conclude, we will summarize our findings and discuss any limitations of our research.
This publication sets out an empirical analysis of the impact of economic liberalisation and globalisation on inequality, poverty and development, including recent trends in economic growth, income distribution and global inequalities, and the comparative experiences of countries that have pursued different economic policies.
The Poor under Globalization in Asia, Latin America, and Africa by Machiko Nissanke,Erik Thorbecke Pdf
This volume uses thirteen case studies to analyze the impact of economic globalization on poverty and inequality in different regions of the developing world.
Globalization for Development by Ian Goldin,Kenneth Reinert Pdf
Globalization and its relation to poverty reduction and development are not well understood. This book explores the ways in which globalization can overcome poverty or make it worse. The book defines the big historical trends, identifies the main globalization processes - trade, finance, aid, migration, and ideas - and examines how each can contribute to economic development. By considering what helps and what does not, the book presents policy recommendations to make globalization more effective as a vehicle for shared growth and poverty reduction. It will be of interest to students, researchers, and anyone concerned with the effects of globalization on international development.