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Also, globalization promotes a neo-liberal ideology where organizations such as the International Monetary Fund and the World Bank pressure developing nations into policies focused on limited government spending, selective social services and private control. Thus, there is limited spending on welfare and poverty is aggravated...
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Thus, there is limited spending on welfare and poverty is aggravated.
Rising Wage Inequalities in Developed and Developing Nations
There has been a rise in wage inequalities in developed nations. This is due to the rising demand for higher skilled labour in society compared to the lesser demand for lower skilled labour...
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Globalization: Does it help or hinder poverty?
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