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Linking Globalization to Poverty(第8讲).doc

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Linking Globalization to Poverty(第8讲)

\fAt UNITED NATIONS \fAt UNITED NATIONS ||^l UNIVERSITY UNITED NATIONS UNIVERSITY UNITED NATIONS UNITED NATIONS UNIVERSITY PAGE \* MERGEFORMAT PAGE \* MERGEFORMAT 2 Policy Brief Linking Globalization to Poverty Linking Globalization to Poverty PAGE \* MERGEFORMAT 5 mUNITED NATIONS UNIVERSITY m BriefPolic Brief number 2, 2007 OverviewWhile the economic opportunities offered by globalization can be large, a question is often raised as to whether the actual distribution of gains is fair, in particular, whether the poor benefit less than proportionately from globalization and could under some circumstances be hurt by it. This Policy Brief summarizes and examines the various channels and transmission mechanisms, such as greater openness to trade and foreign investment, economic growth, effects on income distribution, technology transfer and labour migration, through which the process of globalization affects different dimensions of poverty in the developing world.Linking Globalization to Poverty Overview While the economic opportunities offered by globalization can be large, a question is often raised as to whether the actual distribution of gains is fair, in particular, whether the poor benefit less than proportionately from globalization and could under some circumstances be hurt by it. This Policy Brief summarizes and examines the various channels and transmission mechanisms, such as greater openness to trade and foreign investment, economic growth, effects on income distribution, technology transfer and labour migration, through which the process of globalization affects different dimensions of poverty in the developing world. G lobalization provides a strong potential for a major reduction IN POVERTY in the developing world because it creates an environment conducive to faster economic growth and transmission of knowledge. However, structural factors and policies within the world economy and national economies have impeded the full transmission of the benefits