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Search For:. Advanced Search. Globalisation, poverty and conflict : a critical 'development' reader.

Publication Information:. Subject Term:. Economic development. Poverty -- International cooperation. Social conflict -- Economic aspects.

Download Globalisation, Poverty And Conflict: A Critical 'development' Reader

Added Author:. Spoor, Max. PSZ JB. Summary This state-of-the-art critical 'development' reader examines the inter-relationships between globalisation, poverty and conflict. Select a list. Make this your default list.

The structural violence of globalization | Emerald Insight

Measuring income distribution and inequality can lead to disagreements on trends due to the different usage of methodology and technical problems incorporated into measurements. Commonly used roadblocks for measuring inequality are: 1 the choice of currency: incomes measured at market exchange rates or in terms of Purchasing Power Parity PPP ; 2 should the population be included in the equation: population-weighting; 3 between-country or within-country inequality; 4 inequality measured as an average the Gini coefficient or as a ratio of top to bottom such as top decile to bottom decile.

Two consequences conflicting with the neoliberal argument are observed by Milanovic. Another useful measure for determining world economic convergence is country mobility.

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Country mobility is a measure of how countries move in the income hierarchy. The interrelationship of openness, growth, inequality and poverty is useful for analysing how economic liberalization affects inequality and poverty and how the two notions are related. The first link between openness and growth is the main argument of classic theories of international trade as growth is expected to be achieved through resource allocation and specialization of national economies and through exports, imports and capital inflows.

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However, it has been debated whether economic openness is the necessarily condition for growth. China and India have been pointed out as examples of countries under substantial trade protection and capital controls, which have experienced economic growth in the last decade. The second link of the openness-poverty nexus is the interrelation between growth and inequality.

There are two contradictory stances.

Conflict on globalisation

The classical view argues that a higher marginal propensity to save among the rich implies that a high rate of initial inequality will yield higher aggregate savings, capital accumulation and growth. Reversely, when inequality rises from a given threshold, it has a negative effect on growth.

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The third interrelation is between inequality and poverty. Nissanke and Thorbecke argue that inequality serves as a filter between growth and poverty. Increase in inequality is considered detrimental to the objective of poverty reduction, because at any given GDP growth rate, poverty falls less rapidly when income distribution is unequal.

However, it is more important how this growth is distributed among the population or in other words if it leads to pro-poor growth. The concept of pro-poor growth has recently received a growing attention. The absolute definition of pro-poor growth is determined as any increase of GDP that reduces poverty, [19] while the relative definition emphasizes on the change of inequality whereas the distributional effects of GDP would favour the poor more than the non-poor. While these structural factors remain important for cross-country differences in inequality, Cornia argues that the recent increase in global inequality is more attributable to contemporary globalization effects such as the nature of technological change and policy reform measures.

Recent studies identify the causes of rising poverty and inequality to more contemporary transmission mechanisms of globalization such as: trade liberalization and technological progress; the rise of financial rents following financial liberalization and privatization; the rising importance of finance on a global scale; erosion of the redistributive role of the state; macroeconomic policies aiming stabilization; volatility and vulnerability of markets; the ineffectiveness of the IFIs.

Globalization and its Negative Consequences

In this chapter, the above-mentioned factors are grouped in four sections: economic openness and technological progress; macroeconomic policies; financialisation of the economy; and international financial institutions. Discuss the impact of globalization on global poverty and inequality Essay, 17 Pages, Grade: 1,7. Veronika Minkova Author.

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Add to cart. Introduction The period from the end of the World War II to the mids saw world-wide sustained and high economic growth. Recent Trends in World Poverty and Inequality Poverty, understood as lack of economic well-being, in many parts of the world represents a major threat for overcoming global problems. The Openness-Growth-Inequality-Poverty Nexus The interrelationship of openness, growth, inequality and poverty is useful for analysing how economic liberalization affects inequality and poverty and how the two notions are related.

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Causes of Inequality and Poverty Cornia et al. Sign in to write a comment.