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Globalization and Poverty: An Introduction

Globalization and Poverty: An Introduction

Chapter:
(p.1) Globalization and Poverty: An Introduction
Source:
Globalization and Poverty
Author(s):
Ann Harrison
Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226318004.003.0001

This book shows that globalization has been linked with rising inequality, and that the poor do not always share in the gains from trade. The poor in countries are more likely to share in the gains from globalization when there are complementary policies in place. Additionally, globalization produces both winners and losers among the poor. This book addresses some issues linked with measuring both poverty and globalization. The theoretical links between trade and poverty outcomes, and the results from the cross-country studies and the results of the country case studies are evaluated. Studies that address the influence of capital flows on the poor are summarized. A discussion of why globalization's critics seem all too aware of the costs of globalization and generally fail to see the benefits is then presented. Finally, an overview of the chapters included in this book is given.

Keywords:   globalization, trade, poor, poverty, capital flows

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