Login Create Account
 
Power Your Document
Why AcaDemon? Find Your Paper Improve Your Paper Publish Your Papers for Resale Custom papers


The Economics of Poverty and Globalization

# 101318
An analysis of the impact of globalization in regards to poverty.
3,326 words (approx. 13.3 pages) | 10 sources | APA | 2006 | United States
Published on: Feb 24, 2008

Paper Summary:

This paper examines several issues in relation to globalization that are discussed by P. Figini and E. Santarelli in their article entitled, "Openness, Economic Reforms, and Poverty: Globalization in Developing Countries". It explains that the research is examined in context of earlier research related to free trade and Mexico and the expansion of FDI in that market. The paper also explains the difference between relative poverty and absolute poverty and how understanding these terms can be applied to the global economy in order to determine strategies to alleviate poverty and prepare economic benchmarks vital to reducing overall poverty levels, absolute or relative. The paper further discusses how Figini and Santarelli regard relative poverty levels as the most important aspect of poverty because these levels would be utilized in determining living wages as well as other economic factors that globalization impacts.

Outline:
Abstract
Overview
The World Trade Organization's Role in FDI
Free Trade & Poverty
Conclusion

From the Paper:

"Understanding poverty and how to alleviate it is a critical component of joining the rank of first world nations. While the list of countries that have encouraged foreign investment and trade is growing, the fact remains that few have experienced the type of economic success that China and India have experienced. As Bhagwati illustrates, globalization as an economic model depends on the integration of economic structures through trade, foreign investment activity, short-term capital inflows, and technology inflows in order to be successful (2004)."

Sample of Sources Used:

  • Bhagwati, Jagdish. (2004). In Defense of Globalization. Oxford University Press, New York.
  • Cornia, Giovanni Andrea, ed. (2004). Inequality, Growth, and Poverty in an Era of Liberalization and Globalization. Oxford: Oxford University Press.
  • Dong, J. (2004). NAFTA spells success for consumer-oriented products--With some reservations. AgExporter, Jan, p.26.
  • Fenstra, R. & Hanson, G. (1997). Foreign direct investment and relative wages: Evidence from Mexico's maquiladoras. Journal of International Economics, 42, p.371-393.
  • Figini, P. & Santarelli, E. (2006). Openness, economic reforms, and poverty: Globalization in developing countries. The Journal of Developing Areas, 39/2, pp.1-23.

Cite this paper

APA Citation:

The Economics of Poverty and Globalization (2012, April 01). Retrieved May 23, 2012, from http://www.academon.com/Article-Review-The-Economics-of-Poverty-and-Globalization/101318

MLA Citation:

"The Economics of Poverty and Globalization" 01 April 2012. Web. 23 May. 2012. <http://www.academon.com/Article-Review-The-Economics-of-Poverty-and-Globalization/101318>




ATTENTION:

Your browser does not have cookies enabled.

Our shopping cart will not function properly.
Downloadable version: $ 59.95
ADD TO CART »
You will be able to download, read and edit this file once you buy this document
Shopping Cart
Currency:
AcaDemon.com is that one place
Published by:

Quality Writers US
Publisher Since:
Oct 23, 2007
We are a writing company that's been in business for over 7 years. We write top quality papers and have excellent feedback from all of our customers.
Seller Assistance
Share Our Success
Social
Google Plus Page YouTube Channel Podcasts on iTunes