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Fred Campano and Dominick Salvatore

Print publication date: 2006

Print ISBN-13: 9780195300918

Published to Oxford Scholarship Online: May 2006

DOI: 10.1093/0195300912.001.0001

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Growth and Poverty in a Globalizing World

Growth and Poverty in a Globalizing World

Chapter:
(p.117) 11 Growth and Poverty in a Globalizing World
Source:
Income Distribution
Author(s):

Fred Campano (Contributor Webpage)

Dominick Salvatore (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/0195300912.003.0011

This chapter looks at the controversy surrounding the benefits/drawbacks of globalization. The current trend of globalization of production and labor markets, and the connection between globalization and economic growth are discussed. The impact of globalization on poverty in developing countries, in both absolute and relative terms (relative to the developed countries), is also examined.

Keywords:   development, economic growth, foreign direct investment, globalization, outsourcing, poverty, purchasing power parity

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