"Attacking World Poverty"

BBC NEWS, September 14, 2000.

 

Synopsis:

Several countries including China have joined the global economy and successfully reduced poverty. According to one UN agency, however, world inequality is worse than ever before as indicated by the widening gap between the average income in the richest and poorest country. What matters is the poor country's own effort to alleviate poverty. To tackle world property more efficiently, however, greater co-ordination is required among the organizations (the World Bank, the IMF, and the World Trade Organization) that have very different aims and objectives in their approach to deal with world poverty. This news report also explains the impacts of global economy on the organizations' effort to make some changes in political regimes in those countries.

 

Full-text Article: http://news.bbc.co.uk/hi/english/business/newsid_924000/924640.stm

 

Text connection:

Chapter 1 "Globalization" (pp.22-24) and Chapter 10 "The International Monetary System" (pp. 310-311).