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Fairer Globalization Needed To Halve World’s Poor By 2015 – UN REPORT
With half the world's workers unable to earn enough to rise above the $2 a day poverty line, fairer globalization and better jobs are vital to achieving the United Nations Millennium Development Goal (MDG) of halving the number of global poor by 2015.
Of some 2.8 billion people employed globally in 2003 – more than ever before – nearly 1.4 billion – also the highest number ever – are living on less than $2 a day, with 500 million on less than $1, although the actual percentage is lower today than in 1990, the UN International Labour Office The share of people working under $2 a day has declined to 49.7 per cent in 2003, from 57.2 per cent in 1990, and may drop to around 40 per cent in 2015.
"The key to reducing the number of working poor is creating decent and productive employment opportunities and promoting a fairer globalization as strategies for poverty reduction," ILO Director-General Juan Somavia said. “It is not only the absence of work that is the source of poverty, but the less productive nature of that work. Productivity growth, after all, is the engine of the economic growth that enables working men and women to earn enough to lift themselves out of poverty."
Yes, we know this is a no-brainer, but just because it's obvious doesn't mean we can ignore it or can't learn from it. Besides, when you stop to look at the trend toward globalization over the past 35 years, you'll wonder why so many manufacturers seem ill prepared for China's "overnight" success.
Higher Education stands at the heart of the Knowledge Society. It faces far-reaching challenges, particularly from the thrust towards Globalization. According to the Spanish sociologist, Manuel Castells, one of the leading authorities on Globalization, effects on the university will be more drastic than industrialization, urbanization and secularization combined. It is, he claims, the biggest challenge the University has faced for more than a century and a half.
Short overview of some aspects of globalization, aiming to identify ways in which countries can tap the gains of this process, while remaining realistic about its potential and its risks.
Concludes that:
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