1.Can Economic Globalization and Neoliberal Economic Policies Reduce Global Poverty and Inequality?

"Ultimately globalization will be judged by whether it can alleviate poverty." Jeffrey Sachs, 2002

Proponents of neoliberalism argue processes of economic globalization indicate the triumph of free-market capitalism with primarily positive consequences for world wealth creation and distribution. Conversely, critics question whether poverty can be reduced within the globalizing capitalist economic system emphasizing negative consequences such as growing income inequality. Can economic globalization, driven by the dominant ideology of neoliberalism and its associated policies, reduce global poverty and inequality and improve global welfare? Why or why not? After investigating the relationship between economic globalization and global poverty and inequality, an argument to answer this question. Identify and explore at least three reasons for your answer/argument.

1. Clearly state your answer to the question in an argument (ideally a one sentence thesis with three premises) in the introduction of the answer.

2.Adequately define/describe any core concepts and ideologies/theoretical approaches that are central to your main argument.

3.Support the argument (thesis) in the body of the answer with at least three premises. Back up the reasons with specific evidence/examples from the required course readings and other independent research for this assignment.

4.Clearly re-state (paraphrase) your thesis in the conclusion of the answer and recap the three premises.

5. list of references

Reference provided below:

1.Required Reading on Economic Globalization

Steger, M. B. (2017). "Chapter 3: The Economic Dimension of Globalization." In Globalization: A Very Short Introduction (4th ed.) (pp. 38-61). Oxford: OUP.

The United Nations Development Programme (UNDP) website on the Sustainable Development Goals at https://www.undp.org/content/undp/en/home/sustainable-development-goals.html

OR

2.Required Readings on Political Globalization

Maclean, G. and Wood, D. (2010). "International Politics and Foreign Policy." In Politics: An Introduction (1st ed.) (pp. 284-293). Oxford: OUP.

Steger, M. B. (2017). "Chapter 4: The Political Dimension of Globalization." In Globalization: A Very Short Introduction (4th ed.) (pp. 62-79). Oxford: OUP.