Why are the critics so convinced that globalization is bad for the poor?
By: Emma Aisbett.
Contributors: National Bureau of Economic Research.
Series: NBER working paper series ;; working paper 11066; Working paper series (National Bureau of Economic Research : Online) ;; working paper no. 11066.
Publisher: National Bureau of Economic Research
Published: 2005
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Subjects: Globalization -- Economic aspects.; Globalization -- Social aspects.; International trade -- Social aspects.; Income distribution.; Poor.
Description: "Proponents of globalization often conclude that its critics are ignorant or self-motivated.  In doing so, they have missed a valuable opportunity to discover both how best to communicate the benefits of globalization, and how to improve on the current model of globalization.  This paper examines the values, beliefs and facts that lead critics to the view that globalization is bad for the poor.  We find that critics of globalization tend to be concerned about non-monetary as well as monetary dimensions of poverty, and more concerned about the total number of poor than the incidence of poverty.  In regard to inequality, critics tend to refer more to changes in absolute inequality, and income polarization, rather than the inequality measures preferred by economists.  It is particularly important to them that no group of poor people is made worse off by globalization.  Finally, we argue that the perceived concentration of political and economic power that accompanies globalization causes many people to presume that globalization is bad for the poor, and the continued ambiguities in the empirical findings mean that this presumption can be readily supported with evidence"--National Bureau of Economic Research web site.
Notes: Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 2/2/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.