Globalization, Poverty Inequality and Sustainable Livelihood Diversification in Third World Countries: A Review

16 Pages Posted: 1 Aug 2007

See all articles by Abul Quasem Al-Amin

Abul Quasem Al-Amin

​Universiti Tenaga Nasional (UNITEN)

Chamhuri Siwar

National University of Malaysia (UKM)

Mohammad Nurul Huda Mazumder

affiliation not provided to SSRN

Date Written: 07/29/2007

Abstract

It has been widely accepted that economic globalization is inevitable, and that globalization plays an increasingly important role in determining relative economic growth among nations. However, considerable studies have addressed that increase in globalization is directly or indirectly responsible for economic degradation due to welfare loss and poverty inequality. This paper discusses the third world's globalization process incorporating poverty inequality and reviews of livelihood diversification literature predominantly of Africa and Asia. The rural poor people particularly diversify their livelihood to survive in a risk-prone and uncertain world. In addition to this, rural people may find increasing opportunities to diversify - in some instances due to pull and push factors- their livelihood by engaging in non farming activities to increase income in the face of rising poverty pressures.

Keywords: Globalization, poverty inequality, Sustainable livelihood, third world countries.

JEL Classification: A10, A13, I13,

Suggested Citation

Al-Amin, Abul Quasem and Siwar, Chamhuri and Mazumder, Mohammad Nurul Huda, Globalization, Poverty Inequality and Sustainable Livelihood Diversification in Third World Countries: A Review (07/29/2007). Available at SSRN: https://ssrn.com/abstract=1003631 or http://dx.doi.org/10.2139/ssrn.1003631

Abul Quasem Al-Amin (Contact Author)

​Universiti Tenaga Nasional (UNITEN)

​Institute of Energy Policy and Research (IEPRe)
JALAN IKRAM
KAJANG, 43000
Malaysia
389212383 (Phone)

Chamhuri Siwar

National University of Malaysia (UKM) ( email )

43600 Bandar Baru Bangi
Bangi, Selangor
Malaysia

Mohammad Nurul Huda Mazumder

affiliation not provided to SSRN ( email )

No Address Available

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