Title: Does Globalization Harm the Poor?
Headings: 
Does Globalization Harm the Poor?
Is Globalization a Force for Poverty Alleviation, or a Driver of Inequality?
Global Poverty Reduced
What about Inequality?
Why Domestic Policies Matter
Baylee Eby
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Further readings on Economics 101

Content: 1) the impact tends to be relatively small, and (2) income inequality is not necessarily a negative thing. Studying the impact of technology, trade, and financial globalization on income inequality, the IMF found that: The contribution of increased globalization to inequality has in general been relatively minor. This reflects two offsetting effects of globalization: while increased trade tends to reduce income inequality, foreign direct investment tends to exacerbate it. Bandow tells us that according to the World Bank, changes in inequality are usually small and globalization contributes to positive changes in the developing world: Most of the globalizing developing countries have seen only small changes in household inequality, and inequality has declined in such countries as the Philippines and Malaysia. Moreover, greater economic openness to the world has tended to reduce gender inequality. Anne Bradley argues that income inequality can actually be a sign of a robust economy. It’s not, of course, when inequality forms as a result of exploitation, but when it comes from trade that means greater specialization from markets and more trading partners.