The Impact of Globalization on the World's Poor Transmission Mechanisms

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 book 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.

MACHIKO NISSANKE is Professor of Economics at the School of Oriental and African Studies, University of London. ERIK THORBECKE is the H.E. Babcock Professor of Economics Emeritus, Graduate School Professor and former Director of the Program on Comparative Economic Development at Cornell University.