Has globalization by-passed poorer developing countries with which Finland is intensifying its relations? What has happened to poverty and inequality in these countries? What does the impact of globalization look like from their perspective? This study endeavored to provide materials towards answering such questions for Mozambique, Nepal, Tanzania, and Vietnam – the main partner countries of Finland. Undertaken by a group of scholars from these countries, under the coordination of the Institute of Development Studies (IDS) at the University of Helsinki, the study was based on first-hand southern sources and direct experiences and provided a southern view of the impacts of what is called globalization.