Sunday, June 2, 2013

Ending Poverty and Driving Globalization

The forces of globalization have done a lot to reduce poverty around the world.

The Economist has a cover story about the success of bringing global poverty (living on less than $1.25 a day) down to one billion people and speculation of pushing that down even more.  Over the past twenty years, more than a billion people have been lifted out of poverty - largely because of increases in global trade.  However, it notes the last billion will be harder than the previous billion.

The New York Times has an article that follows the same story about the reduction of global poverty.

The Economist has a good article about the development of the shipping container and the economic evidence about how it drove globalization more than free trade agreements.

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