Globalization is a powerful force for poverty reduction as societies and economies around the world are becoming more integrated. Although this international integration presents tremendous opportunities for developing countries, it also has raised concerns about rising inequality, shifting power, and cultural uniformity. This report assesses the impact of globalization and addresses the ensuing anxieties. It proposes an agenda for action aimed at mitigating the risks that globalization potentially generates, while maximizing the opportunities for the poor.
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Paul Collier is at St Anthony's College, Oxford.
A valuable contribution to the ongoing and often heated debate regarding international economic integration. It is comprehensive in scope, and it provides insightful policy proposals that are largely based on World Bank research.... a useful resource for those interested in the benefits of globalization and the distribution of those benefits."--Eastern Economic Review
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