2. What is Globalisation?
interdependence
of trade (goods
and services)
movement of
people
(migration)
flows of capital
(investment)
transfers of
technology
(knowledge and
products)
10. The economic impact
Improvement in standard of living
Area Demographic 1981 1990 1999 2002
East Asia and Pacific
Less than $1 a day 57.7% 29.6% 15.7% 11.1%
Less than $2 a day 84.8% 69.9% 50.3% 40.7%
Latin America
Less than $1 a day 9.7% 11.3% 10.5% 8.9%
Less than $2 a day 29.6% 28.4% 25.1% 23.4%
Sub-Saharan Africa
Less than $1 a day 41.6% 44.6% 45.7% 44.0%
Less than $2 a day 73.3% 75.0% 76.1% 74.9%