To what extent will globalization help the poor? Globalization and its Effects on Poverty

After the break-up of the Soviet Union, globalization accelerated through the world. It includes the increasing integration of countries' individual economies, the rise in the world trade and multinational companies and the effect of large sums of money moving in and out of economies. People around the globe are more connected to each other then ever before. Information and money flow more quickly than ever. Goods and services produced in one part of the world …

…a failed ideological model? The worst case conclusion, which many now believe, is that the institutions surely do know what they are doing and always have. They have an assignment: to remove all impediments to the free flow of global capital as it seeks to pry open the world's last natural resource pools, markets, and cheap labor (and, to keep it cheap.) To suggest they do all this to help the poor is high cynicism.