UNU Policy Brief Number 3, 2010: Linking Globalization to Poverty in Asia, Latin America and Africa

Nissanke, Machiko and Thorbecke, Erik (2010). UNU Policy Brief Number 3, 2010: Linking Globalization to Poverty in Asia, Latin America and Africa. Policy Briefs. United Nations University: World Institute for Development Economics Research.

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  • Author Nissanke, Machiko
    Thorbecke, Erik
    Title UNU Policy Brief Number 3, 2010: Linking Globalization to Poverty in Asia, Latin America and Africa
    Series Title Policy Briefs
    Publication Date 2010
    Place of Publication Helsinki
    Publisher United Nations University: World Institute for Development Economics Research
    Pages 31
    Language eng
    Abstract Despite the enormous potential of globalization in accelerating economic growth through greater integration into the world economy the impact of globalization on poverty reduction has been uneven.Asia has been the major beneficiary of globalization where high growth rates and its labor-intensive pattern contributed to a spectacular reduction in poverty. In contrast, the integration process in Latin America did not contribute to accelerating growth and employment and even led, in some instances, to an informalization of the labor force. In spite of opening up, the failure of sub-Saharan Africa to diversify and undergo structural transformation has led to the persistence of low growth and debilitating poverty. While the impact of globalization on poverty is context-specific, we argue that countries intent on benefitting from globalization need to adopt a pro-active stand in formulating regional and national strategies to enhance the potentially positive effects of globalization and moderate the negative effects.
    Keyword globalization
    poverty
    Asia
    Latin America
    Africa
    Copyright Holder United Nations University
    Copyright Year 2010
    Copyright type Creative commons
    ISSN 18135706
    ISBN 9789280830804
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    Created: Wed, 13 Apr 2022, 16:19:57 JST by Eric Tran on behalf of UNU Centre