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International Business: The New Realities, 5th Edition
book

International Business: The New Realities, 5th Edition

by S. Tamer Cavusgil, Gary Knight, John R. Riesenberger
January 2019
Intermediate to advanced content levelIntermediate to advanced
576 pages
33h 19m
English
Pearson
Content preview from International Business: The New Realities, 5th Edition

Effect on the Poor

Globalization has affected the poor in areas related to income distribution and worker exploitation by MNEs. Income distribution refers to the allocation of GDP and national income among the members of a society. In some countries, a relatively small minority, often less than 10 percent, holds most of the country’s wealth, and the great majority of citizens live in poverty. This income inequality is substantial in several nations in Southern Africa and in Latin America, for example. Among the advanced economies, income inequality is less of a factor in Japan and most countries in Northern Europe due mainly to cultural factors and public policies. Income inequality is relatively more common in the United States, which is home ...

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Publisher Resources

ISBN: 9780136763017