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Globalization and Poverty: Oxymoron or New Possibilities?

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Abstract

The presentation and paper for this conference go to the heart of the relationship between globalization and poverty worldwide. Data from the United Nations reveal the dramatic increase in exports and imports from 1990 to 2004, along with the uneven economic performance/quality of life across development groupings and geographical regions. Thus, findings suggest the possibility that trade growth has failed expectations that developing countries would rise to greater levels of productivity and subsequently reduce abject poverty. Nonetheless, the situation is far from hopeless and real progress can occur with a continued movement by transnational corporations toward socially responsible human rights, proactive governmental strategies that support productive dynamism, and removal of public policies that unfairly restrict less developed nations.

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Authors and Affiliations

  1. Villanova School of Business, Villanova University, 800 Lancaster Avenue, Villanova, PA, 19085, U.S.A.

    Ronald Paul Hill & Justine M. Rapp

  2. 314 Trimble Lane, Exton, PA, 19341, U.S.A.

    Ronald Paul Hill

  3. 220 Aberdeen Avenue, Exton, PA, 19341, U.S.A.

    Justine M. Rapp

Authors
  1. Ronald Paul Hill
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  2. Justine M. Rapp
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Correspondence to Ronald Paul Hill or Justine M. Rapp.

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Hill, R.P., Rapp, J.M. Globalization and Poverty: Oxymoron or New Possibilities?. J Bus Ethics 85 (Suppl 1), 39–47 (2009). https://doi.org/10.1007/s10551-008-9945-3

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  • DOI: https://doi.org/10.1007/s10551-008-9945-3

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