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I need help creating a thesis and an outline on Globalisation Causes Poverty. Prepare this assignment according to the guidelines found in the APA Style Guide. An abstract is required.
I need help creating a thesis and an outline on Globalisation Causes Poverty. Prepare this assignment according to the guidelines found in the APA Style Guide. An abstract is required. This consolidation of global relationships is at the level of individuals, companies, .institutions, and countries. .The main causes of the process of globalization are the .technical progress in the communications and transportation sections, as well as, the political decisions on .liberalization .of .world trade (Mishkin, 2009).
Economic globalization .refers to the acceleration in global trade in goods and .services .made possible by the progressive removal of trade barriers under the .GATT .and the .WTO .since 1995 and the development of transportation and communication means (Schmukler and Vesperoni, 2006). Economic globalization has also been termed by theorists as market globalization or corporate globalization.
There is a close link between globalization and incidences of poverty across the globe. During the twentieth century, the global average per capita income rose strongly but with considerable variation across countries. .Clearly, the income gap between rich and poor countries has been growing for decades (Cline, 2010). .The output per capita has increased substantially over the globe but income distribution between countries is more unequal than at the beginning of the century. The paper critically evaluates the argument that globalization causes poverty in third-world countries of the world by reviewing research evidence.
Poverty is a painful reality for hundreds of millions of people worldwide. .The link between globalization and poverty has been debated among policymakers and economists for decades. There is a continuous discourse on the fight against poverty of international financial organizations and there are political elements in this debate, as well.
Arguments against Poverty caused by Globalization According to Basu (2006) globalization and poverty are two different concepts. Globalization has almost become an indefinable term due to its ubiquity while world poverty is .a reality, the real causes of which are still hidden in large part. .Basu (2006) argues that poverty does not come from globalization. Globalization only increases the degree of integration between countries. The policies adopted by the governments of these countries causes poverty.
