Has globalisation contributed in closing the gap between rich and poor?

Globalization has had a mixed impact on the gap between rich and poor. On one hand, it has facilitated economic growth in many developing countries, leading to poverty reduction and improved living standards for some. However, it has also exacerbated inequalities within and between nations, as wealth tends to concentrate among those already advantaged by access to markets and resources. Ultimately, while globalization has provided opportunities for economic advancement, it has not uniformly closed the gap between the rich and the poor.