Arbeitspapier

Channels and policy debate in the globalization-inequality-poverty nexus

The paper offers a critical literature review of the debate surrounding the globalizationpoverty nexus, focusing on channels and linkages through which globalization affects the poor. After introducing four different concepts used to measure trends in world income inequality, it examines first the ‘growth’ conduit through which globalization affects poverty. Treating inequality as the explicit filter between growth and poverty reduction, the causal chain of openness-growth-inequality-poverty is scrutinized, link by link. The paper then moves on to examine other channels in the globalization-poverty nexus that operate through changes in relative factor and good prices, factor movements, the nature of technological change and diffusion, the impact of globalization on volatility and vulnerability, the worldwide flow of information, global disinflation, and institutions, respectively. The paper concludes with a discussion of strategic policy issues within the context of the globalization debate.

ISBN
9291907138
Language
Englisch

Bibliographic citation
Series: WIDER Discussion Paper ; No. 2005/08

Classification
Wirtschaft
Subject
globalization
growth
inequality
poverty
Globalisierung
Armut
Einkommensverteilung
Wirtschaftswachstum

Event
Geistige Schöpfung
(who)
Nissanke, Machiko
Thorbecke, Erik
Event
Veröffentlichung
(who)
The United Nations University World Institute for Development Economics Research (UNU-WIDER)
(where)
Helsinki
(when)
2005

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Nissanke, Machiko
  • Thorbecke, Erik
  • The United Nations University World Institute for Development Economics Research (UNU-WIDER)

Time of origin

  • 2005

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