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The Impact of Globalization on the World's Poor: Transmission Mechanisms

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‘[This book] is a serious attempt to better understand the major links [of poverty] and to actually document some of the main transmission mechanisms … [and] does a good job in bounding the analysis to factors related to “the opening of trade and capital movements, the international migration of labour, and the transfer of technology and information across borders”. Overall, … it has a good balance of topics and analysis. This book has raised a number of important lessons on transmission mechanisms that … will surely lead to a more concrete meaning of complementary policies and to a more fruitful use of the pro-poor prospect of increased globalization. … One can hope that all the good research in this work will help policymakers effectively eradicate poverty, once and for all (and for good).’ — Guido Porto, World Bank, Journal of Economic Literature, vol. XLVI (March 2008): 179–182

Publisher:
Palgrave Macmillan
Series:
Studies in Development Economics and Policy
Title:
The Impact of Globalization on the World's Poor: Transmission Mechanisms
Authors:
Edited by Machiko Nissanke and Erik Thorbecke
Publication date:
December 2006
ISBN Printed:
0230004792
ISBN 13 Print:
9780230004795
Copyright holder:
© UNU-WIDER
Copyright year:
2006
Keywords:
globalization, poverty, pro-globalization, household, poor
JEL:
I32, O10
Project:
Impact of Globalization on the World's Poor
Format:
hardback book
 
'Contains chapters by development economists analysing critically and rigorously how different manifestations of globalisation tend to influence poverty in the developing world.' —Oxfam Development Resource Review
 
‘In sum, the economic approach to both globalization and poverty is both the main strength and the main weakness of the book. Economists will appreciate the wideness of approaches and will acknowledge that the links between liberalization and poverty reduction are far from being straightforward: growth is not inequality-neutral, and it can even hurt the poor, meaning that globalization cannot replace national development policies. Other social scientists will praise the strong accent on the micro-level, but they will have difficulties in accepting income as the sole measure of poverty and will criticize the imperfection of the data and a blindness to gender and the environment.’ – Ondrej Horký, Journal of International Relations and Development (2008) 11, 86–88.

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