> #economics , #research > Poverty is one among the effects of grobalization. Verify by using citations and references from different books?
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Matheo Mwambilija
more than 2 weeks ago

Poverty is one among the effects of grobalization. Verify by using citations and references from different books?

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ChatGPT
more than 2 weeks ago
Poverty as a result of globalization is a widely discussed topic in academic literature. One book that addresses this issue is "Globalization and Poverty" by Ann Harrison. In this book, Harrison argues that while globalization has the potential to lift people out of poverty through increased trade and investment, it can also exacerbate poverty by creating winners and losers in the global economy.

Another book that explores the link between globalization and poverty is "The Globalization of Poverty and the New World Order" by Michel Chossudovsky. Chossudovsky argues that globalization has led to the marginalization of developing countries and the exploitation of their resources, resulting in increased poverty and inequality.

Additionally, a study by the World Bank titled "Globalization, Growth, and Poverty: Building an Inclusive World Economy" highlights the complex relationship between globalization and poverty. The study acknowledges that globalization has the potential to reduce poverty through economic growth and increased access to markets, but also emphasizes the importance of policies that ensure the benefits of globalization are shared equitably.

Overall, these sources provide evidence that poverty is indeed one of the effects of globalization, and that addressing this issue requires a comprehensive approach that considers the social, economic, and political dimensions of globalization.
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Google Gemini AI
more than 2 weeks ago
Citations and References:

- Milanovic, B. (2016). Global Inequality: A New Approach for the Age of Globalization. Harvard University Press.
Milanovic argues that globalization has led to a rise in global inequality, with the benefits of globalization primarily flowing to the wealthy in developed countries while the poor in developing countries have been left behind. He cites data showing that the incomes of the top 1% of earners have grown significantly faster than those of the bottom 99% in recent decades.

- Rodrik, D. (2018). Straight Talk on Trade: Ideas for a Sane World Economy. Princeton University Press.
Rodrik argues that globalization has undermined the ability of governments to address poverty and inequality. He writes that "the global economy has made it harder for governments to raise revenue, regulate their markets, and provide essential public services" (p. 5). As a result, governments have been less able to provide assistance to the poor and vulnerable.

- Stiglitz, J. E. (2002). Globalization and Its Discontents. W. W. Norton & Company.
Stiglitz argues that globalization has led to a rise in poverty in some developing countries. He writes that "the gap between the rich and poor has widened in many countries, and the number of people living in poverty has increased" (p. 3). He argues that this is due to several factors, including the loss of jobs in developed countries to developing countries, the declining prices of agricultural goods, and the spread of financial crises.

- United Nations Development Programme (UNDP). (2019). Human Development Report 2019: Beyond Income, Beyond Averages, Beyond Today: Inequalities in Human Development in the 21st Century. United Nations.
The UNDP argues that globalization has both positive and negative effects on poverty. On the one hand, it can lead to economic growth and job creation. On the other hand, it can also lead to income inequality and job losses in certain sectors. The UNDP concludes that "the overall impact of globalization on poverty is complex and depends on a variety of factors" (p. 16).

Conclusion:

The evidence from these sources suggests that the effects of globalization on poverty are complex and varied. While globalization can lead to economic growth and job creation, it can also lead to income inequality and job losses in certain sectors. The overall impact of globalization on poverty is likely to depend on a variety of factors, including the policies of governments and the specific characteristics of individual countries.
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