The Impact of Economic Globalization on the Poverty in Developing Countries

Global market, global flow of factors and transnational corporations have become the characteristics of economic globalization, which, however, has brought about massive negative effects, resulting in extremely unbalanced social and economic development and increasingly severe rich-poor polarization between countries and developing countries. Analyzing and studying the effect of economic globalization on the poverty in developing countries can provide rational thinking for the formulation of anti-poverty strategy in developing countries.