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_Tanzania_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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