The Gap Between Rich and Poor - FREEDOM KEYS

Globalization gave support to the World Music phenomenon by allowing music from developing countries to reach broader audiences.[129] The term "World Music" was originally intended for ethnic-specific music.

When rich countries trade with poor countries, ..

From economic theory ,the effect varies between rich and poor countries

Why are some countries rich and some poor?

Poverty vs. inequality. There is ample evidence that the gap between the richest and poorest countries, and between the richest and poorest groups of individuals in the world, has increased. But inequality may increase without an increase in poverty rates, for example if globalization increases opportunities for the wealthy more rapidly than for the poor. Since increasing wealth may be due to many causes, showing that the rich get richer because the poor get poorer is trickier than recording and lamenting the fact of inequality as such.

The Globalization Website - Issues - Emory Sociology

Globalization and poverty in specific countries. If globalization causes poverty, then countries that become more economically integrated via trade and investment should do worse. But some that have become more integrated into the world economy, such as China, have made progress. Others, for example in sub-Saharan Africa, that have remained relatively isolated have experienced declines. Such overall differences do not settle the issue, since many other factors may be at work, but they do cast some doubt on the overall argument.

Economic inequality varies between societies, ..

Poverty as a multidimensional phenomenon. Poverty can be measured in different ways-for example, relative to a country's average, by consumption capacity, or in terms of overall well-being. Many people in many places historically have been poor for many reasons. Attributing (increases in) poverty to globalization therefore requires proving that globalization has become a dominant factor in producing a new kind of poverty.

A New Approach for the Age of Globalization.

Friedman, author of The Lexus and the Olive Tree, describes globalization as a movement that enables individuals, corporations, and countries to reach around the globe farther, faster, deeper and cheaper than ever before.

Does Globalization Help the Poor? by Jerry Mander, …

Globalization as a single cause. Specifying how globalization affects the economic status of countries or individuals is not easy. The effects of "globalization" may be due to competition among workers, or foreign investment, or trade, or government borrowing. There is no single measure of integration into the world economy. Each aspect of integration can have variable effects.

The Pros And Cons Of Globalization - Forbes

Protectionist pressuresIt is also striking that among rich countries, concern about globalisation is strongest among Western European countries such as France, Spain, and Italy who favour a social model of development.

How has globalization benefited the poor? | Yale Insights

This Oxfam paper disputes the analysis in the World Bank's "Growth Is Good" paper by arguing that while growth helps the poor, the real question is how to convert growth into a higher rate of poverty reduction.

Globalization and its effects on developing countries

Globalization and overall global poverty. By common consent, globalization has proceeded rapidly since the 1980s. Yet according to the recent Global Poverty Report, the proportion of the world population living in poverty has declined from 29% in 1988 to 26% in 1998. Moreover, social indicators for many poor countries also show improvement over several decades.