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FACTORS LEADING TO THE INCREASE IN THE GAP BETWEEN RICH AND POOR NATIONS DUE TO GLOBALIZATION

INTERNATIONAL INEQUALITY

Inequality must be defined and be able to be measured so that comparisons can be made between rich and poor countries. Once the causes are determined, the effects of globalization can be evaluated and be measured. The World Bank defines inequality as the disparity of income and standard of living among nations and their citizens (Birdsall, 2002)
The income gap that exists between the rich and poor countries has become substantial. In 2003, the richest fifth of the world’s population received 85% of the total world income, while poorest fifth received just 1.4% of the global income (infoplease, 2005).When the GDP is compared between the richest and the poorest nations over the past century, a wider income gap can be seen growing and this therefore means that income inequality has increased and continued widening.

Globalization has become painful, rather...

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Title: FACTORS LEADING TO THE INCREASE IN THE GAP BETWEEN RICH AND POOR NATIONS DUE TO GLOBALIZATION
Approximate word count: 2400
Approximate pages: 10 (250 words per double-spaced page)

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1. Factors Leading To The Increase In The Gap Between Rich And Poor ...
   

   FACTORS LEADING TO THE INCREASE IN THE GAP BETWEEN RICH AND POOR NATIONS
   DUE TO GLOBALIZATION. FACTORS LEADING TO THE INCREASE IN ...

2. Globalization
   

   ... Does Globalization Increase Poverty and Inequality? ... countries are well ahead of where
   the leading countries were ... Many factors can help or hinder these processes ...

3. Globalisation
   

   ... As profit maximizers, they establish their factors in many ... on many host economies
   sometimes leading to civil ... This has lead to increase in crimes against women ...

4. Growing Inequality Gap
   

   ... social challenges as well, but economic factors too are ... find employment and as a
   result leading to a ... international market it will help increase competition and ...

5. Globalization And Outsourcing
   

   ... As these factors of production are freed (most often from ... is having no wage at all,
   leading to poverty ... way to pad pockets and further increase wage inequality ...