Globalization Debate Article Example | Topics and Well Written Essays - 750 words

Globalization Debate - Article Example This article, therefore, attempts to present a non-technical evaluation and explanation of the very terms that are being used to debate whether the globalization has yielded positive or negative results. Issues like poverty and inequality carry different explanations and assumptions and as such the tools used for measurement of these two statistics are used differently under different circumstances. What is also, however, critical to note that these measures often provide conflicting indications of the relative measure of all such statistics? What significantly more important is the fact that the author has been able to clearly distinguish between the relative and absolute concepts of the inequality and poverty and set the stage for declaring that most of the debate against globalization is directed towards the absolute measures of concepts rather than relative measures. A report published by World Bank during 2001 indicated that the globalization has indeed decreased the poverty levels in countries however, there is still further room for the improvement as more marginalized countries need more support in further improving the lives of their citizens. This report accounted for the growth results of two dozen countries measured over the period of 20 years since their integration into world economy. The results suggested that there has been a continuous improvement in the economic growth of these countries. This report to some extent indicates the claims made in the article that the globalization has actually led to the reduction of the poverty and inequality within the world and the overall debate, therefore, may not well directed at discrediting the role of globalization in reducing the poverty.