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Globalization, Poverty, and Inequality Since 1980

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dc.contributor.authorDollar, David
dc.date.accessioned2013-06-21T19:15:43Z
dc.date.available2013-06-21T19:15:43Z
dc.date.issued2004-06
dc.description.abstractOne of the most contentious issues of globalization is the effect of global economic integration on inequality and poverty. This paper documents five trends in the modern era of globalization, starting around 1980. Trend #1: Poor country growth rates have accelerated and are higher than rich country growth rates - for the first time in modern history. The developing world economy grew at more than 3.5 percent per capita in the 1990s. Trend #2: The number of poor people in the world has declined significantly - by 375 million people since 1981 -- the first such decline in history. The share of the developing world population living on less than $1 per day was cut in half since 1981. Trend #3: Global inequality (among citizens of the world) has declined - modestly -- reversing a 200-year-old trend toward higher inequality. Trend #4: There is no general trend toward higher inequality within countries. Trend #5: Wage inequality is rising worldwide (which may seem to contradict trend #4, but it does not because wages are a small part of household income in developing countries, which make up the bulk of the world in terms of countries and population). Furthermore, the trends toward faster growth and poverty reduction are strongest in the developing countries in which there has been the most rapid integration with the global economy, supporting the view that integration has been a positive force for improving peoples lives in the developing world.en
dc.identifierhttp://documents.worldbank.org/curated/en/2004/06/5149776/globalization-poverty-inequality-1980
dc.identifier.doi10.1596/1813-9450-3333
dc.identifier.urihttps://hdl.handle.net/10986/14128
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, D.C.
dc.relation.ispartofseriesPolicy Research Working Paper;No.3333
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectAGRICULTURAL OUTPUT
dc.subjectAGRICULTURE
dc.subjectAVERAGE INCOME
dc.subjectBALANCE OF PAYMENTS
dc.subjectCENTRAL PLANNING
dc.subjectCLOSED ECONOMIES
dc.subjectDEBT
dc.subjectDEFICIT SPENDING
dc.subjectDEVALUATION
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT STRATEGIES
dc.subjectDEVELOPMENT STRATEGY
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC HISTORY
dc.subjectECONOMIC INTEGRATION
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMIC POLICIES
dc.subjectECONOMIC THEORY
dc.subjectECONOMIC VALUE
dc.subjectECONOMISTS
dc.subjectEFFECTIVE USE
dc.subjectEXCHANGE RATE
dc.subjectEXPORTS
dc.subjectEXTREME POVERTY
dc.subjectFREE TRADE
dc.subjectGDP
dc.subjectGINI COEFFICIENT
dc.subjectGNP
dc.subjectGROWTH RATE
dc.subjectGROWTH THEORY
dc.subjectHOUSEHOLD INCOME
dc.subjectHOUSEHOLD SURVEY DATA
dc.subjectHOUSEHOLD SURVEYS
dc.subjectIMPORTS
dc.subjectINCOME DISTRIBUTION
dc.subjectINCOME GROUPS
dc.subjectINCOME INEQUALITY
dc.subjectINDUSTRIALIZATION
dc.subjectINEQUALITY
dc.subjectINEQUALITY MEASURES
dc.subjectINTERNATIONAL TRADE
dc.subjectLABOR FORCE
dc.subjectLIBERALIZATION
dc.subjectMARKET ECONOMIES
dc.subjectMONOPOLIES
dc.subjectNATIONAL INCOME
dc.subjectOIL
dc.subjectPER CAPITA INCOME
dc.subjectPLANNED ECONOMY
dc.subjectPOLICY DECISIONS
dc.subjectPOOR
dc.subjectPOPULATION GROWTH
dc.subjectPOVERTY ANALYSIS
dc.subjectPOVERTY INCIDENCE
dc.subjectPOVERTY LINE
dc.subjectPOVERTY LINES
dc.subjectPOVERTY MEASURES
dc.subjectPOVERTY REDUCTION
dc.subjectPRODUCERS
dc.subjectPROPERTY RIGHTS
dc.subjectPROTECTIONISM
dc.subjectPURCHASING POWER
dc.subjectPURCHASING POWER PARITY
dc.subjectQUOTAS
dc.subjectREAL INCOME
dc.subjectSTATISTICAL ANALYSIS
dc.subjectTARIFF BARRIERS
dc.subjectTRADE POLICIES
dc.subjectTRANSITION ECONOMIES
dc.subjectWAGE INEQUALITY
dc.subjectWAGES
dc.subjectWORLD ECONOMY
dc.subjectWTO
dc.titleGlobalization, Poverty, and Inequality Since 1980en
dspace.entity.typePublication
okr.crossref.titleGlobalization, Poverty, and Inequality since 1980
okr.date.doiregistration2025-04-10T09:28:17.902623Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2004/06/5149776/globalization-poverty-inequality-1980
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeSocial Protection and Labor
okr.globalpracticePoverty
okr.globalpracticeGovernance
okr.guid107171468779167747
okr.identifier.doi10.1596/1813-9450-3333
okr.identifier.externaldocumentum000112742_20040928090739
okr.identifier.internaldocumentum5149776
okr.identifier.reportWPS3333
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2004/09/28/000112742_20040928090739/Rendered/PDF/wps3333.pdfen
okr.relation.associatedurlhttps://openknowledge.worldbank.org/handle/10986/16430
okr.topicSocial Protections and Labor::Safety Nets and Transfers
okr.topicPoverty Reduction::Achieving Shared Growth
okr.topicEconomic Theory and Research
okr.topicPoverty Reduction::Poverty Impact Evaluation
okr.topicMacroeconomics and Economic Growth::Economic Conditions and Volatility
okr.topicEnvironmental Economics and Policies
okr.topicServices and Transfers to Poor
okr.topicGovernance::Governance Indicators
okr.topicPoverty Reduction::Inequality
okr.unitOff of Sr VP Dev Econ/Chief Econ (DECVP)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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