The Impact of Globalization on Rural Poverty
• Author(s): Alexander Sarris
• Published: June 2003
• Pages in paper: 20
Abstract
The paper first reviews the meaning and causes of globalization. It indicates that
globalization is not a new phenomenon in history, but the current phase seems to
have new elements that did not exist previously. Regarding the consequences of
the various aspects of globalization at the national level, it is shown that there can
be both positive and negative aspects in the short and long runs. However,
empirical investigations seem to suggest largely positive implications. The
structure of poverty in rural areas is subsequently discussed, and it is shown that
rural poverty takes very different forms in different parts of the world. Exploring
the various aspects of the incomes of the rural poor, reveals that there are both
opportunities, but also dangers of detrimental impacts from global integration. On
balance, it appears that globalization creates both opportunities as well as risks,
and the impacts on the rural poor will depend on the extent to which they
manage to seize the opportunities while managing the increased risks.
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