Globalization And Poverty A Panel Data Study Essay

Globalization and Poverty - A Panel Data Study Introduction: Using panel data from more than 98 countries around the world from 1983 through 2012, this project examines the relationship between economic and social globalization and the absolute poverty level. Two types of globalization – Economic globalization and Social globalization are used and their impacts on the absolute poverty level is analysed. Globalization indices are obtained from Dreher (2006) and the Poverty index and other independent variables are from World Bank Website. There are two parts to the analysis, in the first part I have closely followed the work of Andreas Bergh and Therese Nilsson and tried to find whether I can produce the same results as their paper i.e. Is there negative relationship between globalization and absolute poverty when all the countries are grouped together; Further that, effects of individual components of economic globalization (Trade flows and Trade Restrictions) and social globalization(Information flows, Personal Contacts and Cultural Proximity) on the Poverty level is analysed individually, controlling for other independent variables such as GDP, Inflation, Education, Government Expenditure and Urbanization. Results suggest that Globalization have significantly negative effects on poverty but when GDP is included in the equation, the effect of Globalization on Poverty goes down, and the variable GDP is highly significant compared with other globalizationShow MoreRelatedImpact Of Trade Liberalization On African Countries Essay1627 Words   |  7 Pagesliberalization (henceforth refers to as economic globalization) impacts poverty levels is limited. This essay examines the relationships between economic globalization and poverty levels in African countries. For instance, a 2006 UNDP report illustrates that just 7.2 percent of Bayelsa and Rivers State (Nigeria) residents were poor in 1980, but in 2004, the poverty index figures rose exponentially to 44.3 percent; Nigeria’s national rural poverty index jumped from 28.3 percent in 1980 to 48 percentRead MoreHow Do Trade, Investment Flows Affect Environmental Sustainability? Evidence From Panel Data Essay1105 Words   |  5 Pagessust ainability? Evidence from Panel data in Southeast Asia Abstract The inter-linkage between investment flows and trade and environmental sustainability is an extensively researched area. It has been marked that FDI is increasingly being directed to the developing countries in recent period, whose export basket is generally more intensive in primary products and manufacturing products. In this background, the recent study contributes to the existing merge of research by managing a panel data empirical analysisRead MoreThe Effect Of Trade On Poverty1377 Words   |  6 Pagestraditional trade in goods and services. In this piece, we focus on trade in goods and services between nations. We study the effects of trade on poverty. While the many advantages of trade liberalization have been widely discussed, its impact on poverty remains a highly sensitive issue, especially in developing countries, since they have larger vulnerable populations than developed ones. Poverty continues to be a very sensitive issue for most countries, specially developing economies because it often sparksRead MoreImpact of Globalization on Indian Economy1572 Words   |  7 PagesGlobalization is the new notion that has come to rule the world since the nineties of the last century with the end of the cold war. The frontlines of the state with increased reliance on the market economy and renewed belief in the private capital and assets, a process of structural alteration encouraged by the studies and influences of the World Bank and other International organisations have started in many of countries. Also Globalisation has brought in new avenues to developing countries. GreaterRead MoreInvestment Inflows And Trade Affect Environmental Sustainability Essay999 Words   |  4 Pagessustainability: Evidence from Panel data in Southeast Asia Abstract The inter-linkage between investment flows and trade and environmental sustainability is an extensively researched area. It has been marked that FDI is increasingly being directed to the developing countries in recent period, whose export basket is generally more intensive in primary products and manufacturing products. In this background, the recent study contributes to the existing merge of research by managing a panel data empirical analysisRead MoreThe Marxist Labor Theory Of Value1174 Words   |  5 Pagestaking people from poverty to wealth. In an analysis of sixty studies it was found that â€Å"Our results show that a typical reform caused costs in the short run, but had strong positive effects on long-run growth. Reforms focused on external liberalization proved to be more beneficial than other types of reform in both the short and long run. The findings hold even after correction for publication bias and misspecifications present in some primary studies.† In more detail the study found â€Å"We find thatRead MoreGlobalization and Economic Growth: Empirical Evidence from Nigeria5797 Words   |  24 PagesGLOBALIZATION AND ECONOMIC GROWTH: EMPIRICAL EVIDENCE FROM NIGERIA By KELECHI IYOKO. Abstract The concomitant unequal distribution of the benefits of Globalisation and the fear expressed by most developing countries about the negative impact of globalization, has made the question on the relationship between globalization (characterized by foreign direct investment, economy openness and net capital flows) and Economic Growth both in developed and developing countries lie at the heartRead MoreIncome Inequality Among Developing Countries Essay1892 Words   |  8 Pagescombat a wide variety of global health issues that currently plague humanity. The initiative, entitled â€Å"UN Sustainable Development Goals† includes a list of seventeen goals to be achieved over the next fifteen years and encompasses measures to end poverty, protect the planet, and ensure prosperity for all. This paper intends to provide an in-depth analysis of the tenth UN Sustainable Development Goal: Reducing income inequalities. Income inequality is a problematic reality of the modern era thatRead MoreImpact of Globalization and Bangladesh18126 Words   |  73 PagesGLOBALIZATION AND ITS IMPACT ON BANGLADESH ECONOMY A thesis presented to the Faculty of the U.S. Army Command and General Staff College in partial fulfillment of the requirements for the degree MASTER OF MILITARY ART AND SCIENCE Strategy by RAHMAN MD FAIZUR, MAJOR, BANGLADESH M.D.S., National University of Bangladesh, 2004 Fort Leavenworth, Kansas 2005 Approved for public release; distribution is unlimited. REPORT DOCUMENTATION PAGE Form Approved OMB No. 0704-0188 Public reportingRead MoreEssay on Theoretical Perspective on Education2216 Words   |  9 Pagesconfirmed the purpose of education. Globalization has resulted in meticulous types of social omission for particular persons along with communities. This is revealed in feature of spatial ghettoisation, health disparities, more unemployment, poor housing as well as poor infrastructures for such individuals. Jointly these reasons are connected to, as well as complex, poor educational achievements. There are facts of how taxes and decrease in child poverty have added to educational investments through