EAP5 CRITICAL LITERATURE REVIEWLiterature review FILE u TIME SUBMTTED ——08-JUN-2015 03:55AM WORD COUNT 798 SUBMISSION ID 548701399 CHARACTER COUNT 4452‘These days, globalization has become new buzzword in the world, as there are lots of debates on this issue and in different contexts. The questions frequently arise whether the benefits of globalization far outweigh its negative effects. “The Impact of Globalization ‘on the World's Poor’, by Thorbecke and Nissanke claim that globalization crucially affects poverty in developing countries, and the study provides various authors’ viewpoints along with some examples. Another article “Globalization and Poverty: ‘Oxymoroa or New Possibilities?” by Hill and Rapp recommend some policies for developing countties to utilize globalization as a tool to diminish poverty without any biased view point on this issue ‘Thorbecke and Nissanke examine various aspects of globalization to identify its effects fon poverty in developing countries. The authors claim that even though it has reduced geographical barriers, it is widening the gap between developed and developing countries. They also claim that while the world has benefited from the trade, the developed countries have been gaining more benefits than developing countries. They also suggest removing import restriction by developed countries and diffusion of technology to minimize the widening gap among developed countries and developing ‘countries, Finally, the authors suggest that international agencies should contribute +0 strategies of eliminating poverty through financial, organizational and technical assistance to the poor countries.“The impact of globalization on the poor’ is an extremely useful paper especially for those who are interested to know about its effect on the developing countries. The ‘outlooks and generalizations of the article make it much clear and easier to readers, The article focuses various transmission channels through which globalization affects on oor, especially of developing countries. The article is less bulanced since greater part of the discussion is focused on negative effects of globalization, In fact, the postive effects are hinted in the introduction without fully developing the ideas in the main text. In Addition, the article used few examples, and if there had been some use of graphs it would have been much better for understanding the negative effects of globalization in diverse sectors of developing countries. Besides, what kinds of data were used in different studies are not well explained. Furthermore, a conerete summary based on all papers is still missing. ‘Similarly, Hill and Rapp seek the ways how developing countries could inerease the productivity and eliminate the poverty through globalization. The authors quote different references and statistics to show the present circumstances of poverty, and how the situation could he reversed or problem could be overcome. They draw an experience of China and India which have succeeded by using the advantages of globalization. It is also stated that globalization unlock the planet, and encourages the developing nations to be productive. The writers also focus the radical changing pattem of indigenous exports, ‘earnings and living standards of developing countries that have improved significantly in the recent years. The increment of Human Development Index value is used in the paperto demonstrate the progress of quality of life in both developed and developing countries In fact, the ultimate goal of the paper to make understand that while globalization carries some demerits; it opens the ways of new horizon that will provide lots of opportuni improve their fortune. Vill and Rapp's article on “Globalization and Poverty: Oxymoron or New Possibilities?” delivers precise understanding on how developing countries could take the advantages of elobalization to reduce their poverty. The article uses diverse references and statistics to make it more clear and reliable, The authors explain all the keywords ofthe article, The ticle identifies various policy options so as to overcome poverty that might be useful in the context of globalization. However, in the beginning of the paper. authors discuss both negative and postive effects of globalization. Perhaps, it would have been better if the authors pointed out their opinion in this part clearly that would easier to readers to ‘understand authors’ views in the beginning. In addition, it would have been better for the reader if authors had used some graphs to make the paper much more clear. Finally, the authors fail to maintain consistency throughout the paper that makes the paper weak in different perspectives. In summary, both articles have good discussions on diverse aspects of globalization, however, both have some limitations. The first paper might be helpful to understand the fact regarding effect of different channels of globalization on poverty. However, it provides only few examples which are less convincing for better understanding of this phenomenon. The second paper tries to explain how countries can reap the benefit ofglobalization. However, it suffers from incoherent discussions in some places. Even though both have some limitations they worth reading, and they would be even better if they could include some more examples or could provide some visual explanations.