A reporter from Xinhua News Agency is interviewing an UN
officer at its Economic and Social Council regarding aspects of globalization.
U: Taking education and life expectancy into account, the picture emerges actually suggests that the gap may have narrowed in the long-term. However, it is also noticed that the quality of life for many has not improved, which has brought new urgency to policies specially designed to alleviate poverty. º
U: Changes from industrial economy to more service-oriented and shift toward more highly skilled jobs would be taking place with or without globalization. In fact, globalization is actually making this process easier and less costly as a whole. Economic growth, employment and living standards are all higher than they would be in a closed economy. º
U: Countries with a strong growth record, pursuing the right policies, can expect to see a sustained reduction in poverty. And if pro-poor policies are pursued, then there is a better chance that growth will be amplified into more rapid poverty reduction. º
U: I think advanced economies can make a vital contribution to the low-income countries efforts to integrate into the global economy by promoting trade, encouraging flows of private capital and by supplementing more rapid debt relief. º