Summary

Globalization and its relation to poverty reduction and development is not well understood. This book examines the ways in which globalization can overcome poverty or make it worse, whilst defining the big historical trends. It identifies the main global flows - trade, capital, aid, migration and policy - and examines how each can contribute to undermine economic development. By considering what helps and what does not, the book presents policy recommendations to make globalization more effective as a vehicle for shared growth and prosperity.