Globalization has created both winners and losers. According to World Bank statistics from 1988 to 2008, the richest countries and emerging middle-income economies saw the largest increases in per capita income and were winners of globalization. The global elite and upper middle class saw incomes rise over 40%, while the poorest 5% only saw a 16% increase and were losers. Developing country capitalists were also losers of globalization.

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2.  Globalization brought in a lot of changes, some
negative and others positive.
 This is the reason why it is said that there are
winners and losers
 It changed some for the better and others that it
drove towards the path of poverty.
 Only two groups emerged as winners of
globalization. These are;
1) countries that were very rich
2) middle-level of emerging market economies
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3.  World Bank and other organization on households
offer a clear picture on the winners and losers of
globalization.
 From the statistics, we are able to get the clear
view of the impacts of globalization.
 This is in the past two decades, stretching from
1988 to 2008.
 Top of the global income distribution are the ones
that registered highly significant increases in per
capita income.
 This is in accordance with the WB report.
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4.  Closely following suit at are the emerging global middle
class economies.
 They comprise of more than one third of the population
of the world.
 Around the 50th
and 60th
percentile of global income
distribution, is where we find some 40 million Indians,
270 million Chinese, 35 million Indonesians and 20
million Brazilians.
 There are also some Egyptians and Mexicans.
 These parts are occupied by people who in 2008 had
annual per capita incomes ranging between 1,100 to
1,600 international dollars after tax.
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5.  At the bottom third of the global income distribution
table, we also find that significant improvements.
 These have been made with the incomes rising
above 40% to about 60%.
 The poorest 5% of the world’s population whose
real incomes have only managed to move up by
16% can be termed as the losers.
 These are people whose incomes within the two
decades only improved by single digits.
 These are called the global upper-middle class
and include Communist nations.
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6.  The winners of globalization are basically the elite
transnational capitalist class who are mainly from
the developed countries.
 Their economic interests are usually globally
focused.
 The losers are the low qualified or unqualified who
mainly operate in markets with little competition.
 It should be noted that even capitalists in
developing nations are losers.
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