THE EFFECTS OF POVERTY ON EMERGING COUNTRIES DEVELOPEMENT IN THE CONTEXT OF GLOBALIZATION AND RAPID ECONOMIC GROWTH
THE EFFECTS OF POVERTY ON EMERGING COUNTRIES DEVELOPEMENT IN THE CONTEXT OF GLOBALIZATION AND RAPID ECONOMIC GROWTH

Summary/Abstract: THE MAIN AIM OF THIS RESEARCH PAPER IS TO PROVIDE AN APPLIED FRAMEWORK ON THE EFFECTS OF POVERTY ON EMERGING COUNTRIES DEVELOPEMENT IN THE CONTEXT OF GLOBALIZATION AND RAPID ECONOMIC GROWTH. THE ECONOMIC GROWTH CONTRIBUTES TO POVERTY REDUCTION IN EMERGING COUNTRIES BUT IS NOT A SUFFICIENT TOOL, ESPECIALLY IN THE CONTEXT OF GLOBAL INTEGRATION. THE RELATION BETWEEN ECONOMIC GROWTH AND POVERTY INFLUENCES THE LEVEL OF SUSTAINABLE DEVELOPMENT AND SOCIAL INEQUALITY. GLOBALIZATION PROVIDES OPPORTUNITIES FOR EMERGING COUNTRIES, BUT ALSO MAJOR CHALLENGES. THE GLOBALIZATION OF THE WORLD ECONOMY INHERENTLY LEADS TO AN EFFECTIVE ANTI-POVERTY PROCESS IN EMERGING COUNTRIES.

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