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Globalization hampers the growth level of the countries, then this raising growth rate helps to improve the living standard and reduce inequalities among the masses, that finally downgrade the poverty level of the nations, is the way that global institutions favor it. The debate on rightness of the measures taken for globalization to the socioeconomic development of emerging economies is prolonged and still controversial too. This paper attempts to address the impacts of measures taken fordoi:10.46568/jssh.v56i1.60 fatcat:euhttzchwvbw5fvtgqutvj5ndm