Debate on the impact of globalisation poverty

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12 Terms

1
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What is the first impact on

poverty

2
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Who has written about the positive impacts of globalisation on poverty

John Norberg

3
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What did Norberg argue capitalism and trade have done

cut the number of people in poverty by billions

4
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What did Norberg argue the competition and innovation in capitalism has done

driven up efficiency and standards

5
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What has the effect of globalisation been ( positive)

benefits people and countries that suffer from poverty like China and India through rapid industrialisation

6
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Who wrote about the negative impact of globalisation on poverty

John Pilger

7
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What did Pilger write argue globalisation favours

the rich and strong states which are the ones that control ‘global economic agents’ like the IMF and World bank

8
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What did Pilger call the IMF and world bank

‘global economic agents’

9
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What do some argue the Washington consensus did to poverty ( negative impact)

opened up many countries to being poorer because of free market capitalism

10
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What do the negative people believe globalisation has caused

Between-country and within-country inequality

11
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What does the negative view believe about globalisation on the gap between rich and poor

the gap between rich and poor has significantly increased

12
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What does the negative view on globalisation impact believe about reducing poverty

Globalisation on reducing poverty has not been consistent world wide