GLOBALIZATION AND POVERTY: A PANEL EVIDENCE FROM WORLDWIDE COUNTRIES


Oktayer A. , Alper B.

10. International Congress on Current Debates in Social Sciences, Lefkoşa, Kıbrıs (Kktc), 2 - 04 Mayıs 2019, ss.11-22

  • Basıldığı Şehir: Lefkoşa
  • Basıldığı Ülke: Kıbrıs (Kktc)
  • Sayfa Sayıları: ss.11-22

Özet

Globalization refers to the phenomenon of increased capital and labor mobility and integration of related policies

across the globe. Despite observing its outcomes for almost half of a century, the effects of globalization are

still highly debated. In this study, the relationship between poverty and globalizationis discussed. We investigate

the relationship between poverty and globalization by carrying out econometric techniques for 100 countries all

around the world, covering the period 1990-2017.The results of our analysis in which we use fixed-effect panel

on annual data show thateconomic globalization has a positive and a significant impact on poverty. Besides,

our results denote that financial globalization increases poverty as well while there is no significant relationship

between trade globalization and poverty.