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Faster growth, in turn, promotes poverty reduction, democratization, and higher labor and environmental standards.
Globalization has helped reduce poverty in a large number of developing countries. The proportion of the world population living in absolute poverty is lower than 10 years ago. The study shows that 24 developing countries that increased their integration into the world economy over two decades ending in the late 1990s achieved higher growth in incomes, longer life expectancy and better schooling. People in these countries-such as China, India, Hungary and Mexico saw their wages rise, and the number of people in poverty declined...
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Common topics in this essay:
- Barnett, Tong And Alan Whiteside. “Chapter 14: Globalization, Inequality, Hiv/Aids And The Intimacies Of Self.” Aids In The Twenty-First Century: Disease And Globalization. New York: Palgrave, 2002. 347-365.
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