Globalization study: Less poverty, more equality

Doug Henwood dhenwood at panix.com
Mon Jul 8 12:00:56 PDT 2002


Kevin Robert Dean wrote:


>
>--- pms <laflame at aaahawk.com> wrote:
>> Sunday July 7, 7:36 pm Eastern Time
>> Reuters Business Report
>> Globalization Has Helped Poor, Study Says
>
>> The study uses 1992 data -- the latest that was
>> available -- to make some of
>> its key points, but one of its authors, Anthony
>> Venables of the London
>> School of Economics, said more recent
>> post-publication research supported
>> the trend.
>>
>
>That's enough to condemn it...I didn't think the WTO
>existed in 1992

And what impact do you think the WTO has had on income distribution? It's made very few decisions of any consequence so far.

From my reading of the data, it's hard to say that globalization has increased inequality in any unambiguous way - assuming you can even specify what "globalization" is.

Doug



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