Globalization is characterised by persistent poverty and growing
inequality. Conventional wisdom has it that this global poverty is
residual – as globalization deepens, the poor will be lifted
out of destitution. The policies of the World Bank, the IMF and the
WTO echo this belief and push developing countries ever deeper into
the global economy.
Globalization, Poverty and Inequality provides an alternative
viewpoint. It argues that for many – particularly for those
living in Latin America, Asia and Central Europe – poverty
and globalization are relational. It is the very workings of the
global system which condemn many to poverty. In particular the
mobility of investment, and the large pool of increasingly skilled
workers in China and other parts of Asia, are driving down global
wages.
This poses challenges for policy makers in firms and countries
throughout the world. It also challenges the very sustainability of
globalisation itself. Are we about to witness the implosion of
globalisation, as occurred between 1913 and 1950?
Using a variety of theoretical frameworks and drawing on a vast
amount of original research, this book will be an invaluable
resource for all students of globalization and its effects.
Table of Content
List of Figures vi
List of Tables x
A Guide to the Reader xii
Acknowledgements xiv
Part 1 Setting the Scene 1
1 Global Dynamics 3
2 Globalization and Poverty 26
Part II Gaining from Globalization 53
3 Getting it Right: Generating and Appropriating Rents 55
4 Managing Innovation and Connecting to Final Markets 86
5 The Global Dispersion of Production – Three Key Sectors
122
Part III Losing from Globalization 161
6 How Does it All Add Up? Caught Between a Rock and a Hard Place
163
7 Does it All Add Up? 196
8 So What? 232
Notes 258
References 265
Index 276
About the author
Raphael Kaplinsky is Professorial Fellow at the Institute of Development Studies, University of Sussex
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