Globalization in the food sector and poverty

This paper provides new evidence on the globalization‒poverty nexus. We innovate by using an indicator of globalization in the food sector, finding evidence of a significantly aggravating impact on poverty prev-alence, adding to earlier studies that use indicators of general globalization. The opening of food markets since the mid-1990s in Latin America might have accounted for approximately 2 additional percentage points of the population living below the absolute poverty line of $2 a day in our sample.