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Wiley InterScience | |||
  The Economic JournalVolume 114 Issue 493, Pages F22 - F49 Published Online: 5 Feb 2004 Journal compilation © 2010 by the Royal Economic Society (Registered Charity No. 231508) Published on behalf of the Royal Economic Society
Abstract | References | Full Text: HTML, PDF (Size: 210K) | Related Articles | Citation Tracking  Trade, Growth, and Poverty* Copyright 2004 Royal Economic Society ABSTRACTA key issue today is the effect of globalisation on inequality and poverty. Well over half the developing world lives in globalising economies that have seen large increases in trade and significant declines in tariffs. They are catching up the rich countries while the rest of the developing world is falling farther behind. Second, we examine the effects on the poor. The increase in growth rates leads on average to proportionate increases in incomes of the poor. The evidence from individual cases and cross-country analysis supports the view that globalisation leads to faster growth and poverty reduction in poor countries. | 
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