Globalization Poverty And Inequality Since 1980

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Globalization, Poverty, and Inequality Since 1980

Author : David Dollar
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4./5 ( download)

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Book Synopsis Globalization, Poverty, and Inequality Since 1980 by : David Dollar

Download or read book Globalization, Poverty, and Inequality Since 1980 written by David Dollar and published by World Bank Publications. This book was released on 2004 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the most contentious issues of globalization is the effect of global economic integration on inequality and poverty. This article documents five trends in the modern era of globalization, starting around 1980. The first trend is that growth rates in poor economies have accelerated and are higher than growth rates in rich countries for the first time in modern history. Developing countries per capita incomes grew more than 3.5 percent a year in the 1990s. Second, the number of extremely poor people in the world has declined significantly. The share of people in developing economies living on less than dollar 1 a day has been cut in half since 1981, though the decline in the share living on less than dollar 2 per day was much less dramatic. Third, global inequality has declined modestly, reversing a 200-year trend toward higher inequality. Fourth, within-country inequality in general is not growing, though it has risen in several populous countries (China, India, and the United States). Fifth, wage inequality is rising worldwide. This may seem to contradict the fourth trend, but it does not because there is no simple link between wage inequality and household income inequality. Furthermore, the trends toward faster growth and poverty reduction are strongest in developing economies that have integrated with the global economy most rapidly, which supports the view that integration has been a positive force for improving the lives of people in developing areas

Globalization, Poverty, and Inequality Since 1980

Author : David Dollar
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (931 download)

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Book Synopsis Globalization, Poverty, and Inequality Since 1980 by : David Dollar

Download or read book Globalization, Poverty, and Inequality Since 1980 written by David Dollar and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the most contentious issues of globalization is the effect of global economic integration on inequality and poverty. This paper documents five trends in the modern era of globalization, starting around 1980. Trend #1: Poor country growth rates have accelerated and are higher than rich country growth rates - for the first time in modern history. The developing world economy grew at more than 3.5 percent per capita in the 1990s. Trend #2: The number of poor people in the world has declined significantly - by 375 million people since 1981 -- the first such decline in history. The share of the developing world population living on less than $1 per day was cut in half since 1981. Trend #3: Global inequality (among citizens of the world) has declined - modestly -- reversing a 200-year-old trend toward higher inequality. Trend #4: There is no general trend toward higher inequality within countries. Trend #5: Wage inequality is rising worldwide (which may seem to contradict trend #4, but it does not because wages are a small part of household income in developing countries, which make up the bulk of the world in terms of countries and population). Furthermore, the trends toward faster growth and poverty reduction are strongest in the developing countries in which there has been the most rapid integration with the global economy, supporting the view that integration has been a positive force for improving peoples lives in the developing world.

Globalization, Poverty and Inequality

Author : Raphael Kaplinsky
Publisher : John Wiley & Sons
ISBN 13 : 0745635849
Total Pages : 423 pages
Book Rating : 4.7/5 (456 download)

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Book Synopsis Globalization, Poverty and Inequality by : Raphael Kaplinsky

Download or read book Globalization, Poverty and Inequality written by Raphael Kaplinsky and published by John Wiley & Sons. This book was released on 2013-05-13 with total page 423 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Imagine There's No Country

Author : Surjit Bhalla
Publisher : Columbia University Press
ISBN 13 : 0881324523
Total Pages : 288 pages
Book Rating : 4.8/5 (813 download)

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Book Synopsis Imagine There's No Country by : Surjit Bhalla

Download or read book Imagine There's No Country written by Surjit Bhalla and published by Columbia University Press. This book was released on 2002-09-24 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new era of globalization, which began in the 1980s, brought about a significant decline in costs of transportation, communication, and production; considerably improved intercountry competitiveness; and broke down trade and cultural barriers among countries. The concept of a sovereign nation has been increasingly questioned in recent years. Some, indeed, have imagined a world without boundaries, without countries. Others who doubt the benefits of globalization have called for increased protectionism and greater regulation of economic activity. Has globalization made the world grow faster? Has poverty declined at a faster pace during globalization? If yes, why? If not, is it because the growth rate was lower, or because inequality worsened, or both? Who gained from globalization? Was it the elite in both the developed and developing world? What about the middle class? Who are they? How did they benefit from (or lose to) the forces of globalization? This comprehensive study firmly debunks several popular myths such as the belief that globalization has resulted in lower overall growth rates for poor countries, increasing world inequality, and stagnating poverty levels. Through rigorous, integrated methodologies and an enhanced dataset, the author, Surjit Bhalla, answers some of the most pressing policy issues confronting us today.

Discuss the impact of globalization on global poverty and inequality

Author : Veronika Minkova
Publisher : GRIN Verlag
ISBN 13 : 3656016534
Total Pages : 20 pages
Book Rating : 4.6/5 (56 download)

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Book Synopsis Discuss the impact of globalization on global poverty and inequality by : Veronika Minkova

Download or read book Discuss the impact of globalization on global poverty and inequality written by Veronika Minkova and published by GRIN Verlag. This book was released on 2011-09-28 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Globalization and Poverty

Author : Ann Harrison
Publisher : University of Chicago Press
ISBN 13 : 0226318001
Total Pages : 675 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis Globalization and Poverty by : Ann Harrison

Download or read book Globalization and Poverty written by Ann Harrison and published by University of Chicago Press. This book was released on 2007-11-01 with total page 675 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Inequality, Growth, and Poverty in an Era of Liberalization and Globalization

Author : Giovanni Andrea Cornia
Publisher : Oxford University Press on Demand
ISBN 13 : 0199271410
Total Pages : 461 pages
Book Rating : 4.1/5 (992 download)

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Book Synopsis Inequality, Growth, and Poverty in an Era of Liberalization and Globalization by : Giovanni Andrea Cornia

Download or read book Inequality, Growth, and Poverty in an Era of Liberalization and Globalization written by Giovanni Andrea Cornia and published by Oxford University Press on Demand. This book was released on 2004-03-18 with total page 461 pages. Available in PDF, EPUB and Kindle. Book excerpt: Within-country income inequality has risen since the early 1980s in most of the OECD, all transitional, and many developing countries. More recently, inequality has risen also in India and nations affected by the Asian crisis. Altogether, over the last twenty years, inequality worsened in 70 per cent of the 73 countries analysed in this volume, with the Gini index rising by over five points in half of them. In several cases, the Gini index follows a U-shaped pattern, with theturn-around point located between the late 1970s and early 1990s. Where the shift towards liberalization and globalization was concluded, the right arm of the U stabilized at the 'steady state level of inequality' typical of the new policy regime, as observed in the UK after 1990.Mainstream theory focusing on rises in wage differentials by skill caused by either North-South trade, migration, or technological change poorly explains the recent rise in income inequality. Likewise, while the traditional causes of income polarization-high land concentration, unequal access to education, the urban bias, the 'curse of natural resources'-still account for much of cross-country variation in income inequality, they cannot explain its recent rise.This volume suggests that the recent rise in income inequality was caused to a considerable extent by a policy-driven worsening in factorial income distribution, wage spread and spatial inequality. In this regard, the volume discusses the distributive impact of reforms in trade and financial liberalization, taxation, public expenditure, safety nets, and labour markets. The volume thus represents one of the first attempts to analyse systematically the relation between policy changes inspired byliberalization and globalization and income inequality. It suggests that capital account liberalization appears to have had-on average-the strongest disequalizing effect, followed by domestic financial liberalization, labour market deregulation, and tax reform. Trade liberalization had uncleareffects, while public expenditure reform often had positive effects.

What Do We Know About Globalization?

Author : Guillermo de la Dehesa
Publisher : John Wiley & Sons
ISBN 13 : 0470765895
Total Pages : 384 pages
Book Rating : 4.4/5 (77 download)

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Book Synopsis What Do We Know About Globalization? by : Guillermo de la Dehesa

Download or read book What Do We Know About Globalization? written by Guillermo de la Dehesa and published by John Wiley & Sons. This book was released on 2009-02-04 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: What Do We Know About Globalization: Issues of Poverty & Income Distribution examines the two fundamental arguments that are often raised against globalization: that it produces inequality and that it increases poverty. A lively and accessible argument about the impact and consequences of globalization from a leading figure in economics - Dehesa is Chairman of the Centre for Economic Policy Research and a member of the Group of Thirty Demonstrates the ways in which wealthy nations and developing countries alike have failed to implement changes that would result in a reversal of these social ills Dispels the notion of the so-called 'victim of globalization', demonstrating how, despite popular belief, acceleration of globalization actually stands to reduce the levels of poverty and inequality worldwide Asks whether increased technological, economic, and cultural change can save us from international income inequality, and by extension, further violence, terrorism and war

Flat World, Big Gaps

Author : United Nations
Publisher : Zed Books
ISBN 13 : 9781842778340
Total Pages : 456 pages
Book Rating : 4.7/5 (783 download)

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Book Synopsis Flat World, Big Gaps by : United Nations

Download or read book Flat World, Big Gaps written by United Nations and published by Zed Books. This book was released on 2007-03 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Global Income Inequality

Author : Branko Milanovi?
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 35 pages
Book Rating : 4./5 ( download)

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Book Synopsis Global Income Inequality by : Branko Milanovi?

Download or read book Global Income Inequality written by Branko Milanovi? and published by World Bank Publications. This book was released on 2006 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The paper presents a nontechnical summary of the current state of debate on the measurement and implications of global inequality (inequality between citizens of the world). It discusses the relationship between globalization and global inequality. And it shows why global inequality matters and proposes a scheme for global redistribution. "--World Bank web site.

Causes and Consequences of Income Inequality

Author : Ms. Era Dabla-Norris
Publisher : International Monetary Fund
ISBN 13 : 1513547437
Total Pages : 33 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Causes and Consequences of Income Inequality by : Ms. Era Dabla-Norris

Download or read book Causes and Consequences of Income Inequality written by Ms. Era Dabla-Norris and published by International Monetary Fund. This book was released on 2015-06-15 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.

Links Between Growth, Inequality, and Poverty: A Survey

Author : Ms. Valerie Cerra
Publisher : International Monetary Fund
ISBN 13 : 1513572660
Total Pages : 54 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Links Between Growth, Inequality, and Poverty: A Survey by : Ms. Valerie Cerra

Download or read book Links Between Growth, Inequality, and Poverty: A Survey written by Ms. Valerie Cerra and published by International Monetary Fund. This book was released on 2021-03-12 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The evidence suggests that growth can be effective in reducing poverty, but its impact on inequality is ambiguous and depends on the underlying sources of growth. The impact of poverty and inequality on growth is likewise ambiguous, as several channels mediate the relationship. But most plausible mechanisms suggest that poverty and inequality reduce growth, at least in the long run. Policies play a role in shaping these relationships and those designed to improve equality of opportunity can simultaneously improve inclusiveness and growth.

Globalization, Growth, and Poverty

Author : Paul Collier
Publisher : World Bank Publications
ISBN 13 : 9780821350485
Total Pages : 200 pages
Book Rating : 4.3/5 (54 download)

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Book Synopsis Globalization, Growth, and Poverty by : Paul Collier

Download or read book Globalization, Growth, and Poverty written by Paul Collier and published by World Bank Publications. This book was released on 2002 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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?

Globalization, Poverty, and Income Inequality

Author : Richard Barichello
Publisher : UBC Press
ISBN 13 : 0774865644
Total Pages : 280 pages
Book Rating : 4.7/5 (748 download)

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Book Synopsis Globalization, Poverty, and Income Inequality by : Richard Barichello

Download or read book Globalization, Poverty, and Income Inequality written by Richard Barichello and published by UBC Press. This book was released on 2021-11-15 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization, Poverty, and Income Inequality examines the relationship between globalization and trade liberalization, and poverty and income inequality, using Indonesia as a case study. Contributors examine how advances in coffee certification, treatments for visual disabilities, and property rights, among other factors, have had both meritorious and deleterious effects on the local population. Ultimately, they describe an ambiguous relationship between trade liberalization and inequality, both of which can increase or decrease in proportion to one another depending on region and sector. This empirically driven work provides a nuanced view of the trade-poverty relationship, contributing balanced testimony to policy debates being held internationally.

Globalization and the Distribution of Wealth

Author : Arie M. Kacowicz
Publisher : Cambridge University Press
ISBN 13 : 1107027845
Total Pages : 263 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis Globalization and the Distribution of Wealth by : Arie M. Kacowicz

Download or read book Globalization and the Distribution of Wealth written by Arie M. Kacowicz and published by Cambridge University Press. This book was released on 2013-02-07 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book links theoretical discussions about globalization and the distribution of wealth with a rich empirical analysis of Latin America.

France in Crisis

Author : Timothy B. Smith
Publisher : Cambridge University Press
ISBN 13 : 9780521605205
Total Pages : 312 pages
Book Rating : 4.6/5 (52 download)

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Book Synopsis France in Crisis by : Timothy B. Smith

Download or read book France in Crisis written by Timothy B. Smith and published by Cambridge University Press. This book was released on 2004-11-11 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publisher Description

The End of Poverty

Author : Peter Edward
Publisher : Springer
ISBN 13 : 3030147649
Total Pages : 89 pages
Book Rating : 4.0/5 (31 download)

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Book Synopsis The End of Poverty by : Peter Edward

Download or read book The End of Poverty written by Peter Edward and published by Springer. This book was released on 2019-04-23 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book Edward and Sumner argue that to better understand the impact of global growth on poverty it is necessary to consider what happens across a wide range of poverty lines. Starting with the same datasets used to produce official estimates of global poverty, they create a model of global consumption that spans the entire world’s population. They go on to demonstrate how their model can be utilised to understand how different poverty lines imply very different visions of how the global economy needs to work in order for poverty to be eradicated.