Globalization and Poverty

Globalization and Poverty

Ann Harrison

Print publication date: 2013

ISBN: 9780226317946

Publisher: University of Chicago Press

Abstract

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. This book 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 chapters show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further the book's various arguments. This book provides the more nuanced understanding necessary to move that debate beyond the slogans.

Table of Contents

I Global (Cross-Country) Analyses

II Country Case Studies of Trade Reform and Poverty

6. The Effects of the Colombian Trade Liberalization on Urban Poverty

Pinelopi Koujianou Goldberg and Nina Pavcnik

8. Trade Protection and Industry Wage Structure in Poland

Chor-ching Goh and Beata S. Javorcik

III Capital Flows and Poverty Outcomes

11 Financial Globalization, Growth, and Volatility in Developing Countries

Eswar S. Prasad, Kenneth Rogoff, Shang-Jin Wei, and M. Ayhan Kose

IV Other Outcomes Associated with Globalization (Risk, Returns to Speaking English)