Globalization, Growth, and Poverty : Building an Inclusive World Economy

Societies and economies around the world are becoming more integrated. Integration is the result of reduced costs of transport, lower trade barriers, faster communication of ideas, rising capital flows, and intensifying pressures for mitigation. In...

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Main Author: World Bank
Format: Publication
Language:English
en_US
Published: Washington, DC: World Bank and Oxford University Press 2013
Subjects:
GDP
GNP
WTO
Online Access:http://documents.worldbank.org/curated/en/2002/01/1683370/globalization-growth-poverty-building-inclusive-world-economy
http://hdl.handle.net/10986/14051
id okr-10986-14051
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic GLOBALIZATION
POVERTY REDUCTION STRATEGIES
GLOBAL INTEGRATION
INTERNATIONAL TRADE
TRADE POLICY
CAPITAL FLOWS
MIGRATION POLICY
DOMESTIC POLICIES
SOCIAL PROTECTION SYSTEMS
CULTURAL ISSUES
INTELLECTUAL PROPERTY RIGHTS
TERRORISM
TIMBER TREES
ENVIRONMENTAL AGREEMENTS & TREATIES
WORLD TRADE ORGANIZATION
RULE OF LAW
LABOR COSTS
WORKERS REMITTANCES
TRADE LIBERALIZATION
CULTURAL CONCERNS
CULTURAL IDENTITY
CULTURAL VALUES
STANDARDIZATION
SOCIAL POLICY
LABOR STANDARDS
MARGINALIZATION
TRADE POLICY REFORM
AID PROGRAMS ABSOLUTE POVERTY
ACCOUNTING STANDARDS
AGRICULTURE
CAPITAL ACCOUNT
CAPITAL FLIGHT
CAPITAL FLOWS
CAPITAL MARKETS
CASE STUDIES
CHILD LABOR
CITIZENS
CIVIL SOCIETY
CIVIL WAR
CLOSED ECONOMIES
COLLECTIVE ACTION
COLLEGE EDUCATION
COMPARATIVE ADVANTAGE
CONSUMERS
CONSUMPTION LEVELS
CORRUPTION
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPING WORLD
DEVELOPMENT ASSISTANCE
DEVELOPMENT RESEARCH
DIRECT INVESTMENT
ECONOMIC CHANGE
ECONOMIC EFFECTS
ECONOMIC INTEGRATION
ECONOMIC PERFORMANCE
ECONOMIC POLICIES
EDUCATED WORKERS
EDUCATIONAL ATTAINMENT
EFFICIENT REGULATION
EMISSIONS
EMPLOYMENT
ENVIRONMENTAL ISSUES
ENVIRONMENTAL POLICIES
ENVIRONMENTAL PROTECTION
EXPORTS
FINANCIAL CRISES
FINANCIAL SERVICES
FOREIGN AID
GDP
GDP PER CAPITA
GLOBAL ECONOMY
GLOBAL MARKETS
GLOBAL STANDARDS
GLOBAL TRADE
GNP
GROWTH RATE
GROWTH RATES
HOUSEHOLD CONSUMPTION
IMPORT TARIFFS
IMPORTS
INCOME
INCOME GROUPS
INCOME INEQUALITY
INCREASED INEQUALITY
INDIVIDUAL COUNTRIES
INDUSTRIALIZATION
INFLATION
INSTITUTIONAL ARRANGEMENTS
INSTITUTIONAL DEVELOPMENT
INSURANCE
INTERNATIONAL MARKET
INVESTMENT CLIMATE
LABOR COSTS
LABOR FORCE
LABOR MARKET
LENDING PRACTICES
LIQUIDITY
LOCAL CULTURE
LONG RUN
LOW INFLATION
LOW-INCOME COUNTRIES
MULTILATERAL TRADE
NATIONAL LEVEL
NON- FARM EMPLOYMENT
NON-INCOME DIMENSIONS
OPEN ECONOMIES
PER CAPITA GROWTH
PER CAPITA INCOME
POLICY DEBATES
POLICY RESEARCH
POLLUTION
POOR COUNTRIES
POOR PEOPLE
POOR POLICIES
POVERTY REDUCING
POVERTY REDUCTION
PRODUCTIVITY
PRODUCTIVITY GROWTH
PROPERTY RIGHTS
PROTECTION POLICIES
PROTECTIONISM
RAPID GROWTH
REDISTRIBUTION POLICIES
REDUCING INEQUALITY
REDUCING POVERTY
RELATIVE WAGE
RICH COUNTRIES
RULE OF LAW
RURAL AREAS
RURAL POOR
RURAL POVERTY
SERVICE PROVISION
SKILLED WORKERS
SOCIAL POLICIES
SOCIAL PROTECTION
SOCIAL SECURITY
TARIFF BARRIERS
TERMS OF TRADE
TIMBER
TRADE BARRIERS
TRADE LIBERALIZATION
TRADE OPENNESS
TRADE POLICIES
TRADE POLICY
TRADE SHOCKS
TRANSITION ECONOMIES
TRANSPARENCY
UNEMPLOYMENT
URBAN AREAS
WAGES
WEALTH
WORLD INEQUALITY
WORLD TRADE ORGANIZATION
WTO
spellingShingle GLOBALIZATION
POVERTY REDUCTION STRATEGIES
GLOBAL INTEGRATION
INTERNATIONAL TRADE
TRADE POLICY
CAPITAL FLOWS
MIGRATION POLICY
DOMESTIC POLICIES
SOCIAL PROTECTION SYSTEMS
CULTURAL ISSUES
INTELLECTUAL PROPERTY RIGHTS
TERRORISM
TIMBER TREES
ENVIRONMENTAL AGREEMENTS & TREATIES
WORLD TRADE ORGANIZATION
RULE OF LAW
LABOR COSTS
WORKERS REMITTANCES
TRADE LIBERALIZATION
CULTURAL CONCERNS
CULTURAL IDENTITY
CULTURAL VALUES
STANDARDIZATION
SOCIAL POLICY
LABOR STANDARDS
MARGINALIZATION
TRADE POLICY REFORM
AID PROGRAMS ABSOLUTE POVERTY
ACCOUNTING STANDARDS
AGRICULTURE
CAPITAL ACCOUNT
CAPITAL FLIGHT
CAPITAL FLOWS
CAPITAL MARKETS
CASE STUDIES
CHILD LABOR
CITIZENS
CIVIL SOCIETY
CIVIL WAR
CLOSED ECONOMIES
COLLECTIVE ACTION
COLLEGE EDUCATION
COMPARATIVE ADVANTAGE
CONSUMERS
CONSUMPTION LEVELS
CORRUPTION
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPING WORLD
DEVELOPMENT ASSISTANCE
DEVELOPMENT RESEARCH
DIRECT INVESTMENT
ECONOMIC CHANGE
ECONOMIC EFFECTS
ECONOMIC INTEGRATION
ECONOMIC PERFORMANCE
ECONOMIC POLICIES
EDUCATED WORKERS
EDUCATIONAL ATTAINMENT
EFFICIENT REGULATION
EMISSIONS
EMPLOYMENT
ENVIRONMENTAL ISSUES
ENVIRONMENTAL POLICIES
ENVIRONMENTAL PROTECTION
EXPORTS
FINANCIAL CRISES
FINANCIAL SERVICES
FOREIGN AID
GDP
GDP PER CAPITA
GLOBAL ECONOMY
GLOBAL MARKETS
GLOBAL STANDARDS
GLOBAL TRADE
GNP
GROWTH RATE
GROWTH RATES
HOUSEHOLD CONSUMPTION
IMPORT TARIFFS
IMPORTS
INCOME
INCOME GROUPS
INCOME INEQUALITY
INCREASED INEQUALITY
INDIVIDUAL COUNTRIES
INDUSTRIALIZATION
INFLATION
INSTITUTIONAL ARRANGEMENTS
INSTITUTIONAL DEVELOPMENT
INSURANCE
INTERNATIONAL MARKET
INVESTMENT CLIMATE
LABOR COSTS
LABOR FORCE
LABOR MARKET
LENDING PRACTICES
LIQUIDITY
LOCAL CULTURE
LONG RUN
LOW INFLATION
LOW-INCOME COUNTRIES
MULTILATERAL TRADE
NATIONAL LEVEL
NON- FARM EMPLOYMENT
NON-INCOME DIMENSIONS
OPEN ECONOMIES
PER CAPITA GROWTH
PER CAPITA INCOME
POLICY DEBATES
POLICY RESEARCH
POLLUTION
POOR COUNTRIES
POOR PEOPLE
POOR POLICIES
POVERTY REDUCING
POVERTY REDUCTION
PRODUCTIVITY
PRODUCTIVITY GROWTH
PROPERTY RIGHTS
PROTECTION POLICIES
PROTECTIONISM
RAPID GROWTH
REDISTRIBUTION POLICIES
REDUCING INEQUALITY
REDUCING POVERTY
RELATIVE WAGE
RICH COUNTRIES
RULE OF LAW
RURAL AREAS
RURAL POOR
RURAL POVERTY
SERVICE PROVISION
SKILLED WORKERS
SOCIAL POLICIES
SOCIAL PROTECTION
SOCIAL SECURITY
TARIFF BARRIERS
TERMS OF TRADE
TIMBER
TRADE BARRIERS
TRADE LIBERALIZATION
TRADE OPENNESS
TRADE POLICIES
TRADE POLICY
TRADE SHOCKS
TRANSITION ECONOMIES
TRANSPARENCY
UNEMPLOYMENT
URBAN AREAS
WAGES
WEALTH
WORLD INEQUALITY
WORLD TRADE ORGANIZATION
WTO
World Bank
Globalization, Growth, and Poverty : Building an Inclusive World Economy
relation A World Bank policy research report;
description Societies and economies around the world are becoming more integrated. Integration is the result of reduced costs of transport, lower trade barriers, faster communication of ideas, rising capital flows, and intensifying pressures for mitigation. Integration--or "globalization"--has generated anxieties about rising ineuality, shifting power, and cultural uniformity. This report assesses its impact and examines these anxieties. Global integration is already a powerful force for poverty reduction, but it could be even more effective. Some, but not all of the anxieties are well-founded. Both global opportunities and global risks have outpaced global policy. The authors propose an agenda for action, both to enhance the potential of globalization to provide opportunities for poor people and to reduce and mitigate the risks it generates. This report presents three main findings that bear on current policy debates about globalization. First, poor countries with around 3 billion people have broken into the global market for manufactures and services; these "new globalizers" have experienced large-scale poverty reduction. The second finding concerns inclusion both across countries and within them; the authors highlight a range of measures that would help countries in danger of becoming marginalized become integrated with the world economy. A third issue concerns the anxiety that economic integration leads to cultural or institutional homogenization.
format Publications & Research :: Publication
author World Bank
author_facet World Bank
author_sort World Bank
title Globalization, Growth, and Poverty : Building an Inclusive World Economy
title_short Globalization, Growth, and Poverty : Building an Inclusive World Economy
title_full Globalization, Growth, and Poverty : Building an Inclusive World Economy
title_fullStr Globalization, Growth, and Poverty : Building an Inclusive World Economy
title_full_unstemmed Globalization, Growth, and Poverty : Building an Inclusive World Economy
title_sort globalization, growth, and poverty : building an inclusive world economy
publisher Washington, DC: World Bank and Oxford University Press
publishDate 2013
url http://documents.worldbank.org/curated/en/2002/01/1683370/globalization-growth-poverty-building-inclusive-world-economy
http://hdl.handle.net/10986/14051
_version_ 1764425071540043776
spelling okr-10986-140512021-04-23T14:03:11Z Globalization, Growth, and Poverty : Building an Inclusive World Economy World Bank GLOBALIZATION POVERTY REDUCTION STRATEGIES GLOBAL INTEGRATION INTERNATIONAL TRADE TRADE POLICY CAPITAL FLOWS MIGRATION POLICY DOMESTIC POLICIES SOCIAL PROTECTION SYSTEMS CULTURAL ISSUES INTELLECTUAL PROPERTY RIGHTS TERRORISM TIMBER TREES ENVIRONMENTAL AGREEMENTS & TREATIES WORLD TRADE ORGANIZATION RULE OF LAW LABOR COSTS WORKERS REMITTANCES TRADE LIBERALIZATION CULTURAL CONCERNS CULTURAL IDENTITY CULTURAL VALUES STANDARDIZATION SOCIAL POLICY LABOR STANDARDS MARGINALIZATION TRADE POLICY REFORM AID PROGRAMS ABSOLUTE POVERTY ACCOUNTING STANDARDS AGRICULTURE CAPITAL ACCOUNT CAPITAL FLIGHT CAPITAL FLOWS CAPITAL MARKETS CASE STUDIES CHILD LABOR CITIZENS CIVIL SOCIETY CIVIL WAR CLOSED ECONOMIES COLLECTIVE ACTION COLLEGE EDUCATION COMPARATIVE ADVANTAGE CONSUMERS CONSUMPTION LEVELS CORRUPTION DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING WORLD DEVELOPMENT ASSISTANCE DEVELOPMENT RESEARCH DIRECT INVESTMENT ECONOMIC CHANGE ECONOMIC EFFECTS ECONOMIC INTEGRATION ECONOMIC PERFORMANCE ECONOMIC POLICIES EDUCATED WORKERS EDUCATIONAL ATTAINMENT EFFICIENT REGULATION EMISSIONS EMPLOYMENT ENVIRONMENTAL ISSUES ENVIRONMENTAL POLICIES ENVIRONMENTAL PROTECTION EXPORTS FINANCIAL CRISES FINANCIAL SERVICES FOREIGN AID GDP GDP PER CAPITA GLOBAL ECONOMY GLOBAL MARKETS GLOBAL STANDARDS GLOBAL TRADE GNP GROWTH RATE GROWTH RATES HOUSEHOLD CONSUMPTION IMPORT TARIFFS IMPORTS INCOME INCOME GROUPS INCOME INEQUALITY INCREASED INEQUALITY INDIVIDUAL COUNTRIES INDUSTRIALIZATION INFLATION INSTITUTIONAL ARRANGEMENTS INSTITUTIONAL DEVELOPMENT INSURANCE INTERNATIONAL MARKET INVESTMENT CLIMATE LABOR COSTS LABOR FORCE LABOR MARKET LENDING PRACTICES LIQUIDITY LOCAL CULTURE LONG RUN LOW INFLATION LOW-INCOME COUNTRIES MULTILATERAL TRADE NATIONAL LEVEL NON- FARM EMPLOYMENT NON-INCOME DIMENSIONS OPEN ECONOMIES PER CAPITA GROWTH PER CAPITA INCOME POLICY DEBATES POLICY RESEARCH POLLUTION POOR COUNTRIES POOR PEOPLE POOR POLICIES POVERTY REDUCING POVERTY REDUCTION PRODUCTIVITY PRODUCTIVITY GROWTH PROPERTY RIGHTS PROTECTION POLICIES PROTECTIONISM RAPID GROWTH REDISTRIBUTION POLICIES REDUCING INEQUALITY REDUCING POVERTY RELATIVE WAGE RICH COUNTRIES RULE OF LAW RURAL AREAS RURAL POOR RURAL POVERTY SERVICE PROVISION SKILLED WORKERS SOCIAL POLICIES SOCIAL PROTECTION SOCIAL SECURITY TARIFF BARRIERS TERMS OF TRADE TIMBER TRADE BARRIERS TRADE LIBERALIZATION TRADE OPENNESS TRADE POLICIES TRADE POLICY TRADE SHOCKS TRANSITION ECONOMIES TRANSPARENCY UNEMPLOYMENT URBAN AREAS WAGES WEALTH WORLD INEQUALITY WORLD TRADE ORGANIZATION WTO Societies and economies around the world are becoming more integrated. Integration is the result of reduced costs of transport, lower trade barriers, faster communication of ideas, rising capital flows, and intensifying pressures for mitigation. Integration--or "globalization"--has generated anxieties about rising ineuality, shifting power, and cultural uniformity. This report assesses its impact and examines these anxieties. Global integration is already a powerful force for poverty reduction, but it could be even more effective. Some, but not all of the anxieties are well-founded. Both global opportunities and global risks have outpaced global policy. The authors propose an agenda for action, both to enhance the potential of globalization to provide opportunities for poor people and to reduce and mitigate the risks it generates. This report presents three main findings that bear on current policy debates about globalization. First, poor countries with around 3 billion people have broken into the global market for manufactures and services; these "new globalizers" have experienced large-scale poverty reduction. The second finding concerns inclusion both across countries and within them; the authors highlight a range of measures that would help countries in danger of becoming marginalized become integrated with the world economy. A third issue concerns the anxiety that economic integration leads to cultural or institutional homogenization. 2013-06-20T14:26:12Z 2013-06-20T14:26:12Z 2002 http://documents.worldbank.org/curated/en/2002/01/1683370/globalization-growth-poverty-building-inclusive-world-economy 0-8213-5048-X http://hdl.handle.net/10986/14051 English en_US A World Bank policy research report; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank and Oxford University Press Publications & Research :: Publication Publications & Research :: Publication