The impact of globalization on the world's poor

The impact of globalization on the world's poor

by Machiko Nissanke, Erik Thorbecke

Part of Studies in development economics and policy

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About
Globalization and poverty epitomize two of the most pressing issues in international development today. While the process of globalization possesses an enormous potential capacity to accelerate economic growth and development, the depth of poverty found in many parts of the developing world is still unacceptably high. Pro-globalization proponents see the globalization process is turning into a destructive tsunami that wrecks the already low standard of living of vulnerable households. Despite the worldwide passionate debate about the impact of globalization on the world's poor, there are very few studies which have systematically examined the various transmission mechanisms through which globalization ultimately affects the poor within different specific contents. This volume contains chapters by leading development economists analysing critically and rigorously how different manifestations of globalization tend to influence poverty in the developing world.

Discussion questions for The impact of globalization on the world's poor

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  1. 1

    The description notes the "worldwide passionate debate" regarding globalization's impact. What was your personal understanding or gut feeling about this link before reading, and how has the book's systematic examination of "transmission mechanisms" shifted or solidified that view?

  2. 2

    The book emphasizes the importance of analyzing globalization's impact "within different specific contexts." Which particular case studies or regional analyses presented in the book most resonated with you, and what unique insights did they offer compared to a more generalized view?

  3. 3

    The description highlights the tension between globalization's "enormous potential capacity to accelerate economic growth" and the "unacceptably high" depth of poverty. What are the primary barriers or disconnects identified in the book that prevent this potential from being fully realized for vulnerable households?

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