Globalisation In Addressing Poverty

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Globalisation is addressing poverty Many of us may argue that globalisation does not concentrate on poverty or because of globalisation the poor countries will remain poor and the richer countries will continue to be rich and others may say that globalisation and poverty are not connected. This is wrong, in fact, because of globalisation some of the poorest countries are starting to develop. Globalisation is the increasing of growing combination of economies and the societies in the world. It is the interconnectedness or increasing interaction across national boundaries that affect the aspects of life (UN, 1999). These aspects of life may be social, cultural, political or economic. Globalisation has now become a dominant force for poverty reduction as societies and economies around the world are becoming more integrated (Collier, Dollar & World Bank 2002). During the 19th century, global poverty rose and it continued to rise until the end of World War II. However, by the 1970s, the global poverty began to decrease as the world started to develop (Goldin & Reinert 2006, p. 21). Furthermore, globalisation is all about the flow and the intermingling of different ideas among the countries in the world. The ways in which these ideas flow always shapes globalisation and its impacts on poor people (Held, McGrew, Goldblatt & Perraton 1999). For example the migration of people. Globalisation can make people move from a developing country to a developed country to make a better living. People may leave their home countries for better education or employment opportunities and once they return to their home countries, they will transfer those skills they learnt in the developed nations to theirs thereby it reduces poverty. Also, because of globalisation integration is increasing between countries thus is starting to reduce global poverty . The increasing integration of

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