Channels and policy debate in the globalization-inequality-poverty nexus
By: Machiko Nissanke and Erik Thorbecke.
Contributors: Thorbecke, Erik.; World Institute for Development Economics Research.
Series: WIDER discussion papers -- no. 2005/08
Publisher: United Nations University, World Institute for Development Economics Research
Published: 2005
Place of publication: Helsinki
Language: eng
Number of pages: 35
Subjects: Globalization -- Econometric models; Economic development -- Econometric models; Income distribution -- Econometric models; Poverty -- Econometric models
Genres: Econometric models
Description: The paper offers a critical literature review of the debate surrounding the globalization-poverty nexus, focusing on channels and linkages through which globalization affects the poor.  After introducing four different concepts used to measure trends in world inomce 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 the 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" -- Abstract
Notes: "June 2005."

Includes bibliographical references (p. 28-35).

Also available from the Internet at www.wider.unu.edu