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Globalization brought in a lot of changes, some negative and others positive.

This is the reason why it is said that there are winners and losers

It changed some for the better and others that it drove towards the path of poverty.

Only two groups emerged as winners of globalization. These are;

1)countries that were very rich2)middle-level of emerging market economies

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World Bank and other organization on households offer a clear picture on the winners and losers of globalization.

From the statistics, we are able to get the clear view of the impacts of globalization.

This is in the past two decades, stretching from 1988 to 2008.

Top of the global income distribution are the ones that registered highly significant increases in per capita income.

This is in accordance with the WB report.

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Closely following suit at are the emerging global middle class economies.

They comprise of more than one third of the population of the world.

Around the 50th and 60th percentile of global income distribution, is where we find some 40 million Indians, 270 million Chinese, 35 million Indonesians and 20 million Brazilians.

There are also some Egyptians and Mexicans. These parts are occupied by people who in 2008

had annual per capita incomes ranging between 1,100 to 1,600 international dollars after tax.

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At the bottom third of the global income distribution table, we also find that significant improvements.

These have been made with the incomes rising above 40% to about 60%.

The poorest 5% of the world’s population whose real incomes have only managed to move up by 16% can be termed as the losers.

These are people whose incomes within the two decades only improved by single digits.

These are called the global upper-middle class and include Communist nations.

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The winners of globalization are basically the elite transnational capitalist class who are mainly from the developed countries.

Their economic interests are usually globally focused.

The losers are the low qualified or unqualified who mainly operate in markets with little competition.

It should be noted that even capitalists in developing nations are losers.

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