Globalisation, Agricultural Trade Policy, and Poverty from the Perspective of the Poor: A Review of Issues from Bangladesh, Tanzania and Thailand

Type Working Paper
Title Globalisation, Agricultural Trade Policy, and Poverty from the Perspective of the Poor: A Review of Issues from Bangladesh, Tanzania and Thailand
Author(s)
Publication (Day/Month/Year) 2015
URL https://www.researchgate.net/profile/Dayal_Talukder/publication/283091956_Globalisation_Agricultural​_Trade_Policy_and_Poverty_from_the_Perspective_of_the_Poor_A_Review_of_Issues_from_Bangladesh_Tanzan​ia_and_Thailand/links/562abcf808ae22b17031e384.pdf
Abstract
This paper attempted to analyse poverty from the perspective of the poor in the context of
globalisation and agricultural trade reforms. Using secondary data, this paper analysed the
impacts of globalisation on poverty with two scenarios: individual country perspective and
global context. It carried out a comparative study on the impact of globalisation and agricultural
trade reforms on poverty reduction in Bangladesh, Tanzania and Thailand. It argued that
globalisation facilitated the individual country to integrate with global economy through an
increase in the flow of trade and investment. Globalisation created opportunities mainly for the
rich, not much for the poor. So the rich gained more than the poor from this process.
Globalisation widened the income gap between the poor and rich countries, between the poor
and rich households and between the rural and urban residents both across economies and within
an economy. It limited capital flow from the centre to the periphery – from the rich to the poor
countries. On the other hand, it facilitated resource transfer from poor countries to rich
economies through exploitation by foreign direct investment and corruption.

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