Record Details

Globalization, Poverty And Role Of Infrastructures

Journal of Economics and Political Economy

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Field Value
 
Title Globalization, Poverty And Role Of Infrastructures
 
Creator ALINSATO, Alastaire Sèna; University of Abomey-Calavi
www.uac.bj
Faculty of Economics and Management
 
Description The aim of this paper is to complement the theoretical and empirical literature on the globalization-poverty nexus. Based on a simple model of social welfare, the paper demonstrates that the different types of globalization have different effects on social welfare. The main empirical findings suggest that globalization contributes to poverty reduction but with a larger magnitude in the presence of infrastructures instruments. It follows that good quality of infrastructure is a necessary condition for a higher globalization effect on poverty reduction. The empirical evidence also supports the idea that globalization driven by the reduction in information access cost and the removal of barriers to their dissemination has the greatest impact on poverty reduction. Finally, the study discusses the economic policy implications and suggests in particular investment in adequate ICT and energy infrastructures for globalization to contribute significantly to the reduction of poverty.
 
Publisher Journal of Economics and Political Economy
Journal of Economics and Political Economy
 
Contributor
 
Date 2015-05-18
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion


 
Format application/pdf
 
Identifier http://www.kspjournals.org/index.php/JEPE/article/view/225
10.1453/jepe.v2i1s.225
 
Source Journal of Economics and Political Economy; Vol 2, No 1s (2015): Special Issue; 197-212
Journal of Economics and Political Economy; Vol 2, No 1s (2015): Special Issue; 197-212
2148-8347
 
Language eng
 
Relation http://www.kspjournals.org/index.php/JEPE/article/view/225/358
 
Rights Copyright (c) 2015 Journal of Economics and Political Economy
http://creativecommons.org/licenses/by-nc/4.0