2016
DOI: 10.1002/pop4.158
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Has Globalization Failed to Alleviate Poverty in Sub‐Saharan Africa?

Abstract: This article reviews the arguments surrounding globalization and the business model that it promotes and its effects on world poverty, with a particular focus on sub‐Saharan Africa. Globalization, supported by modern technology, involves the elimination of trade barriers that had previously restricted transnational corporations and banking institutions access to Third World markets and resources. The processes of globalization are geared toward a global culture that promotes a change in traditional export/impo… Show more

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Cited by 3 publications
(2 citation statements)
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References 64 publications
(87 reference statements)
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“…From 2000 onwards poverty reduction is part of the MDG’s and currently the SDG’s, in which it is approached as a rights-based issue (Cobbinah et al, 2013 ). It should be noted here that there is significant debate on how poverty should be defined and measured (L’Huillier, 2016 ). While there is evidence that percentages of absolute poverty have reduced in the past decades (World Bank, 2019 ) - e.g.…”
Section: How Transformation Happened (Or Not) In the Past: Understanding The Persistence Of Povertymentioning
confidence: 99%
“…From 2000 onwards poverty reduction is part of the MDG’s and currently the SDG’s, in which it is approached as a rights-based issue (Cobbinah et al, 2013 ). It should be noted here that there is significant debate on how poverty should be defined and measured (L’Huillier, 2016 ). While there is evidence that percentages of absolute poverty have reduced in the past decades (World Bank, 2019 ) - e.g.…”
Section: How Transformation Happened (Or Not) In the Past: Understanding The Persistence Of Povertymentioning
confidence: 99%
“…It is estimated that more than half of the world’s impoverished people live in Sub-Saharan Africa (World Bank, 2014). Statistics have it that over 413 million people in the world live on less than US$1.90 a day in 2015, and more than half of this figure live in the Sub- Saharan regions (L’Huillier, 2016). If this trend continues, by 2030, approximately 9 out of 10 extreme poor will be in this region (L’Huillier, 2016; World Bank, 2014).…”
Section: Introductionmentioning
confidence: 99%