What can two dollars buy you? A small coffee from Starbucks, a chocolate bar, a bag of chips and a soda, a slice of pizza. For nearly three billion people, about half the world's population, two dollars a day is all the money they need to live. Furthermore, of the 2.8 billion children in the world, 1 billion grow up in poverty; 640 million without adequate housing, 400 million without access to safe water and 270 million without access to health services (UNICEF 2014). One of the reasons proposed to explain this harsh reality characterized by high rates of poverty is globalization, or the growing integration of economies and societies around the world. The claim that globalization breeds poverty has been at the center of many debates over the past twenty years, including the debate between Carlos Caretto, Gillian Crowl, Steve Grossman and Annie Wong on 21 February 2014. Caretto and Crowl argued that poverty is an indirect phenomenon. result of globalization, as evidenced by high unemployment rates, wage inequality, and diminished health and education programs. Grossman and Wong argued that globalization does not generate poverty, but in fact helps the world by promoting education, decreasing and shortening the duration of wars, and increasing new resources. A careful examination of the facts presented in the lectures, readings and debates shows that each side presents logical evidence, but the facts confirm that globalization actually breeds poverty. Globalization has positive effects that are felt throughout the world. If we look only at the latter part of the 20th century, the evidence that globalization reduces poverty is overwhelming. Looking at a range of metrics – poverty, life expectancy, health, education – over the past sixty years more and more people have improved at a faster rate than ever before. And according to the World Bank, trade allowed developing countries to grow at a rate of 4.3% per year during the 1990s, double the rate of the developed world. As stated by Kanbur, “there is no doubt that there is broad consensus today that education and health outcomes are on a par with income in assessing poverty and the consequences of economic policy” (2011). Globalization is a vital process towards the transfer of knowledge and education around the world as people from different regions, cultures and knowledge bases interact with each other. As a point... at the heart of the document... of assistants, more and more people are living in poverty. Works Cited Bhagwati, Jagdish. In defense of globalization. Oxford: Oxford University Press, 2014. Caretto, Carlo and Crowl, Gillian. “Does globalization generate poverty? DUH!”. February 21, 2014. 305 Ives Hall, Ithaca, NY 14850.DeJonge, Alissa. Globalization: how to maximize gains and minimize pain. Oxford: Oxford University Press, 2013.Eckel, Carsten. 2013. Labor market adjustments to globalization: Unemployment versus relative wages. Geo-JaJa, Macleans. 2013. “Rethinking Globalization in Africa.” Chimera 1(1): 19-28. Grossmand, Steve and Wong, Annie. “Globalization does not cause poverty”. February 21, 2014. 305 Ives Hall, Ithaca, NY 14850. Kanbur, Ravi. 2011. “Economic Policy, Distribution, and Poverty: The Nature of Disagreements.” World Development 29 (6): 1083-1094. Russell, George. 2014. “More Globalization, Not Less.” Global Envision.Stiglitz, Joseph E. Globalization and its discontents. New York: W. W. Norton, 2000.UNICEF. Updated: February 18, 2014. “The State of the World's Children, 2014.” Accessed: February 25, 2014.Staples, Steve. 10 WAYS THE WTO PROMOTES WAR. 2013.