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Extra resources for Globalization and the Poor: Exploitation or Equalizer? (Idea Sourcebooks in Contemporary Controversies)
Key to equity issues, of course, is the fact of what has been called the “feminisation of poverty,” with the disproportionate numbers of the poor being women and those dependent on women. III. RESPONSES By way of conclusion, let me very briefly suggest three sets of responses that should be of concern for this conference as it addresses globalisation from the perspective of the victims of history. A. Analytical From the viewpoint of the countries of the so-called “developing world” (the poor countries), keen analysis must be made of the operations and outcomes of globalisation.
Thus, improvements in China are not universally shared and leave many workers behind, often in deplorable conditions. Using India to illustrate the benefits of unregulated globalization is equally problematic to the World Bank’s position, since India’s progress was accomplished while remaining relatively closed off to the global economy. Total goods trade (exports plus imports) was about 20% of India’s gross domestic product in 1998, or 10 percentage points less than in China and only about one-fifth the level of such export-oriented countries as Korea (IMF 2001a).
May. : IMF. International Monetary Fund (IMF). 2001a. International Financial Statistics. August. : IMF. International Monetary Fund (IMF). 2001b. World Economic Outlook. May. : IMF. , G. Garcia, and M. Saal. 1996. Bank Soundness and Macroeconomic Policy. : IMF. Lustig, N. 1998. ” In N. , Coping With Austerity, Poverty and Inequality in Latin America. : Brookings Institution. Lustig, N. 2000. ” Sustainable Development Department Technical Paper Series No. POV-108. : IADB. , and R. Deutsch. 1998.
Globalization and the Poor: Exploitation or Equalizer? (Idea Sourcebooks in Contemporary Controversies) by Edited by Julie Clark