Economic globalization refers to the free flow of goods, services and work between nations (IMF 2008). According to the World Bank (Soubbotina 2014), nations are grouped into two categories, developing and developed, based on their overall economic strength, education, employment, healthcare, sustainability, and governance. The World Bank focuses on a nation's economic growth because it believes that this, along with strong government leadership, plays an important role in alleviating poverty and inequality within its borders (Soubbotina 2014). It can be argued that economic globalization has had some benefits for developing nations; also in terms of the amount of aid and financial assistance they receive. However, the question of whether economic globalization has alleviated poverty and inequality in the developing world is highly uncertain. With countries like China experiencing significant gains in the economic market, achieved remarkably through an influx of foreign direct investment (FDI) abroad. As companies seek cheaper labor, the question of whether a stronger economy has alleviated poverty and inequality among its citizens remains in question. Sub-Saharan Africa represents a large percentage of the poorest nations on the planet (Mathunhu 2011). Due to a number of problems, including political corruption, geographical difficulties and recent dependence on foreign aid, Africa has been negatively affected by economic globalisation. While research from the World Bank and the International Monetary Fund shows increases in the average minimum wage globally, suggesting improvements in the living conditions of people around the world, those who study the effects of economic globalization on a more intimate level argue that this in... ... middle of paper ...... behind the nation's economic success. In China, the influence of foreign direct investors puts pressure on local businesses to provide cheaper and faster services. This then extends to workers whose rights are then restricted to ensure lower factory costs. The difficulty with studies of poverty and inequality levels within a country and on a global scale is that the ideologies of the organizations conducting them can. Therefore, it is difficult to paint a truly impartial picture of the current state of global poverty and inequality. What is possible, however, is to at least get an idea of ​​the extent of these problems and start working to alleviate their effects. Ultimately, the problem of poverty and inequality does not simply affect the affected countries. Instead, it is an issue that the world, as a global market, must address.