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Global Poverty Reduction: Controversies and Certainties
Global Poverty Reduction: Controversies and Certainties

Author(s): Cătălin Postelnicu
Subject(s): Economy
Published by: Alma Mater & Universitatea »Babes Bolyai« Cluj - Facultatea de St. Economice si Gestiunea Afacerilor
Keywords: absolute poverty; relative poverty; human poverty index; inequality in economic globalization

Summary/Abstract: This paper provides a brief analytical account of the various processes through which globalization affects the lives of the poor, special in developing countries. A raging issue of academic and public debate concerns the impact of globalization on the well-being of the world’s poor. In most contentions debates, different scientists mean different things by globalization and his effect on poverty. Some interpret it like a economic opportunity, others protest against devastation caused by globalization to fragile economies. In this context, we believe that globalization can cause many hardships for the poor in these countries, but, in the same time, it opens up opportunities which some countries can utilize.

  • Issue Year: IV/2011
  • Issue No: 1
  • Page Range: 141-161
  • Page Count: 21
  • Language: English