Globalization and poverty epitomize two of the most pressing issues in international development today. While the process of globalization possesses an enormous potential capacity to accelerate economic growth and development, the depth of poverty found in many parts of the developing world is still unacceptably high. Pro-globalization proponents see the globalization process is turning into a destructive tsunami that wrecks the already low standard of living of vulnerable households. Despite the worldwide passionate debate about the impact of globalization on the world's poor, there are very few studies which have systematically examined the various transmission mechanisms through which globalization ultimately affects the poor within different specific contents. This volume contains chapters by leading development economists analysing critically and rigorously how different manifestations of globalization tend to influence poverty in the developing world.

'contains chapters by development economists analysing critically and rigorously how different manifestations of globalisation tend to influence poverty in the developing world.' - Oxfam Development Resource Review
 
'This book has raised a number of important lessons on transmission mechanisms that, together with other pieces of current research, will surely lead to a more concrete meaning of complementary policies and to a more fruitful use of the pro-poor prospect of increased globalization.' - Guido Porto, Journal of Economic Literature

PART 1: OVERVIEW
Overview; M.Nissanke & E.Thorbecke
Channels and Policy Debate in the Globalization-Inequality-Poverty Nexus; M.Nissanke & E.Thorbecke
PART 2:THE GLOBALIZATION OPENNESS-GROWTH-INEQUALITY-POVERTY NEXUS AND CHANNEL
The Relationship between Income Inequality, Poverty and Globalization; A.Heshmati
Globalization and Poverty Trends across Regions: The Role of Variation in the Income and Inequality Elasticities of Poverty; A.Kalwij & A.Verschoor
Looking Beyond Averages in the Trade and Poverty Debate; M.Ravallion
Globalization and Rural Poverty; P.Bardhan
Globalization, Production, and Poverty; R.Jenkins
PART 3: OTHER CHANNELS IN THE GLOBALIZATION-POVERTY RELATIONSHIP: TECHNOLOGY, VULNERABILITY, FLOW OF INFORMATION, INSTITUTIONS
The Role of Information in Technology Adoption under Poverty; J.Zhao
Trade Openness and Vulnerability in Central and Eastern Europe; P.Montalbano, A.Federici, U.Triulzi & C.Pietrobelli
Globalization, Poverty, Inequality, and Insecurity: Some Insights from the Economics of Happiness; C.Graham
Explaining Threshold Effects of Globalization on Poverty: An Institutional Perspective; A.Sindzingre
Globalization, Poverty and Inequality: What is the Relationship? What Can be Done? K.Basu

MACHIKO NISSANKE is Professor of Economics at the School of Oriental and African Studies, University of London. She previously worked at Birkbeck College, University College London and the University of Oxford, and was also Research Fellow of Nuffield College and the Overseas Development Institute. She has published numerous books and journal articles in financial and international economics, and has served many international organizations as advisor and coordinator of research programmes.


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, USA. He has published extensively in the areas of economic and agricultural development, the measurement and analysis of poverty and malnutrition, the Social Accounting Matrix and general equilibrium modelling, and international economics. The Foster-Greer-Thorbecke poverty measure has been adopted almost universally by international organizations and researchers doing empirical work on poverty.