GLOBALIZATION AND POVERTY

Globalization and Poverty

Introduction

The term "globalization" has taken its own life. It became a kind of mystical, romantic term. Globalization is seen as useful things, even cosmopolitan thing "hip". It can be seen as cutting edge, to "go global"(William 2007). Many people believe that globalization is a great power which the world closer together. There's even a nice new phrases like "global village" that make us feel good about globalization bringing us ever closer to each other (Orozco Hilliard 2004 44). But when we think about the fact that globalization in fact - when we look beneath this surface glamour - we can see the true meaning of the word and the true supporters of this phenomenon.

Effects

Globalization has also opened a number of problems such as inequality between countries and within different countries, volatility in financial markets is open and jerk was environmental degradation (Stearns 2006 146). Another negative aspect of globalization is that most third world countries stayed away from all the attention. Before the nineties, the process of globalization in the Indian economy was protected by trade, investment and financial barriers. In this regard, the liberalization process took a while to accelerate upwards. The pace of globalization is not the start that smoothly. The economic integration of "globalization" of the terrain the free flow of information, ideas, technologies, products, services, capital, finance and people. This cross border integration has various dimensions - cultural, social, political and economic. Poverty and globalization

Many people who are concerned about the fate of the world's poor people now attribute their plight to globalization. They argue that globalization has weakened the position of poor countries and poor people are being exposed to harmful competition (Homann Koslowski Luetge 2007). Their concern is understandable, moreover, that the gap between rich and poor has indeed become even more evident in recent decades. However, to prove a direct link between economic globalization and poverty is a difficult task for several reasons:

Many studies on globalization and poverty, in fact, show that globalization has been associated with rising inequality, and that the poor do not always share in the gains from trade. Other themes emerge from the book. One of them, those poor countries with an abundance of unskilled labor is not always gain from trade reform. Another is that the poor are more likely to share in the profits of globalization, where workers enjoy maximum mobility, especially from contracting sectors to expanding sectors (India and Colombia). Gains also arise when poor farmers have access to credit and technical know-how (Zambia), where poor farmers have a social security as income support (Mexico), and when food aid is well targeted (Ethiopia). Evidence suggests that growth in exports and foreign investment outside to reduce poverty around the world from Mexico to India to Poland.

Statistics But at the same time, currency crises can harm the poor. In Indonesia, the poverty rate increased by at least 50 percent post-1997 currency crisis in this country, and the poor in Mexico ...