Is Globalization Reducing Poverty and Inequality Notes.docx

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Department
International Affairs
Course
INTL 1101
Professor
Denise Horn
Semester
Fall

Description
Ch. 23 Notes: Is Globalization Reducing Poverty and Inequality Robert Hunter Wade • The neoliberal argues that the distribution of income between all the world’s people has become more equal over the past two decades and the number of people living in poverty has dropped. They argue this is a result of the rising density of economic integration between countries. • The standard Left assumes the rich and powerful countries and classes have little interest in greater equity. • Regional variation within the global south is large • Neoliberals say both poverty and inequality have both dropped Inequality Propositions 1. World income distribution has become rapidly more unequal, when incomes are measured at market exchange rates and expressed in
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