Abstract
At the 20 02 meeting of world leaders in Monterey, Mexico, to discuss ways of fighting global poverty, most world leaders concluded that neoliberal globalization as a strategy for eradicating poverty in developing countries has proven disappointing. According to the perceptions of leaders of the most powerful advanced capitalist countries at the Monterey meeting, neoliberal globalization “... has done far less to raise the incomes of the world’s poorest people than leaders had hoped... ”(Weiner 2002, A6). Moreover, it is reported that “the vast majority of people living in Africa, Latin America, Central Asia and the Middle East are no better off today than they were in 1989 when the fall of the Berlin Wall allowed capitalism to spread worldwide at a rapid rate”1 (Weiner 2002, A6).
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Makoba, J.W. (2010). Globalization and Marginalization of Labor: Focus on Sub-Saharan Africa. In: Berberoglu, B. (eds) Globalization in the 21st Century. Palgrave Macmillan, New York. https://doi.org/10.1057/9780230106390_5
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DOI: https://doi.org/10.1057/9780230106390_5
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