Globalization and Inequality

Globalization and Inequality
Author: Elhanan Helpman
Publisher: Harvard University Press
Total Pages: 122
Release: 2018-08-06
Genre: Business & Economics
ISBN: 0674988930

One of the world’s leading experts on international trade explains that we must look beyond globalization to explain rising inequality. Globalization is not the primary cause of rising inequality. This may come as a surprise. Inequality within nations has risen steadily in recent decades, at a time when countries around the world have eased restrictions on the movement of goods, capital, and labor. Many assume a causal relationship, which has motivated opposition to policies that promote freer trade. Elhanan Helpman shows, however, in this timely study that this assumption about the effects of globalization is more myth than fact. Globalization and Inequality guides us through two decades of research about the connections among international trade, offshoring, and changes in income, and shows that the overwhelming conclusion of contemporary research is that globalization is responsible for only a small rise in inequality. The chief causes remain difficult to pin down, though technological developments favoring highly skilled workers and changes in corporate and public policies are leading suspects. As Helpman makes clear, this does not mean that globalization creates no problems. Critics may be right to raise concerns about such matters as cultural autonomy, child labor, and domestic sovereignty. But if we wish to curb inequality while protecting what is best about an interconnected world, we must start with a clear view of what globalization does and does not do and look elsewhere to understand our troubling and growing divide.

The Globalization of Inequality

The Globalization of Inequality
Author: François Bourguignon
Publisher: Princeton University Press
Total Pages: 231
Release: 2017-01-24
Genre: Business & Economics
ISBN: 1400885558

Why national and international equality matter and what we can do to ensure a fairer world In The Globalization of Inequality, distinguished economist and policymaker François Bourguignon examines the complex and paradoxical links between a vibrant world economy that has raised the living standard of over half a billion people in emerging nations such as China, India, and Brazil, and the exponentially increasing inequality within countries. Exploring globalization's role in the evolution of inequality, Bourguignon takes an original and truly international approach to the decrease in inequality between nations, the increase in inequality within nations, and the policies that might moderate inequality’s negative effects. Demonstrating that in a globalized world it becomes harder to separate out the factors leading to domestic or international inequality, Bourguignon examines each trend through a variety of sources, and looks at how these inequalities sometimes balance each other out or reinforce one another. Factoring in the most recent economic crisis, Bourguignon investigates why inequality in some countries has dropped back to levels that have not existed for several decades, and he asks if these should be considered in the context of globalization or if they are in fact specific to individual nations. Ultimately, Bourguignon argues that it will be up to countries in the developed and developing world to implement better policies, even though globalization limits the scope for some potential redistributive instruments. An informed and original contribution to the current debates about inequality, this book will be essential reading for anyone who is interested in the future of the world economy.

Global Inequality

Global Inequality
Author: Branko Milanovic
Publisher: Harvard University Press
Total Pages: 312
Release: 2016-04-11
Genre: Business & Economics
ISBN: 067473713X

Winner of the Bruno Kreisky Prize, Karl Renner Institut A Financial Times Best Economics Book of the Year An Economist Best Book of the Year A Livemint Best Book of the Year One of the world’s leading economists of inequality, Branko Milanovic presents a bold new account of the dynamics that drive inequality on a global scale. Drawing on vast data sets and cutting-edge research, he explains the benign and malign forces that make inequality rise and fall within and among nations. He also reveals who has been helped the most by globalization, who has been held back, and what policies might tilt the balance toward economic justice. “The data [Milanovic] provides offer a clearer picture of great economic puzzles, and his bold theorizing chips away at tired economic orthodoxies.” —The Economist “Milanovic has written an outstanding book...Informative, wide-ranging, scholarly, imaginative and commendably brief. As you would expect from one of the world’s leading experts on this topic, Milanovic has added significantly to important recent works by Thomas Piketty, Anthony Atkinson and François Bourguignon...Ever-rising inequality looks a highly unlikely combination with any genuine democracy. It is to the credit of Milanovic’s book that it brings out these dangers so clearly, along with the important global successes of the past few decades. —Martin Wolf, Financial Times

Globalization, Poverty, and Income Inequality

Globalization, Poverty, and Income Inequality
Author: Richard Barichello
Publisher: UBC Press
Total Pages: 279
Release: 2021-11-15
Genre: Political Science
ISBN: 0774865644

The process of globalization has implications for human rights, though the relationship between the two is not always clear. How does globalization effect human rights in local contexts? Globalization, Poverty, and Income Inequality examines the relationships between globalization and trade liberalization, and poverty and income inequality, using Indonesia as a case study. This empirically rigorous investigation finds that although increased trade tends to reduce poverty, there are exceptions. For example, globalization via trade in certified organic coffee has not helped low-income farmers. And globalized access to treatments for visual problems has been countermanded by rising digitization that negatively affects the visually disabled poor. Ultimately, the chapters describe an ambiguous relationship between trade liberalization and inequality, both of which can increase or decrease in proportion to one another depending on region and sector. This empirically driven work provides a nuanced view of the trade-poverty relationship, contributing balanced testimony to policy debates being held internationally.

Globalization and Inequalities

Globalization and Inequalities
Author: Sylvia Walby
Publisher: SAGE
Total Pages: 521
Release: 2009-07-23
Genre: Political Science
ISBN: 1446202313

How has globalization changed social inequality? Why do Americans die younger than Europeans, despite larger incomes? Is there an alternative to neoliberalism? Who are the champions of social democracy? Why are some countries more violent than others? In this groundbreaking book, Sylvia Walby examines the many changing forms of social inequality and their intersectionalities at both country and global levels. She shows how the contest between different modernities and conceptions of progress shape the present and future. The book re-thinks the nature of economy, polity, civil society and violence. It places globalization and inequalities at the centre of an innovative new understanding of modernity and progress and demonstrates the power of these theoretical reformulations in practice, drawing on global data and in-depth analysis of the US and EU. Walby analyses the tensions between the different forces that are shaping global futures. She examines the regulation and deregulation of employment and welfare; domestic and public gender regimes; secular and religious polities; path dependent trajectories and global political waves; and global inequalities and human rights.

Globalization, Poverty and Inequality

Globalization, Poverty and Inequality
Author: Raphael Kaplinsky
Publisher: John Wiley & Sons
Total Pages: 302
Release: 2013-05-03
Genre: Political Science
ISBN: 0745672655

Globalization is characterised by persistent poverty and growing inequality. Conventional wisdom has it that this global poverty is residual - as globalization deepens, the poor will be lifted out of destitution. The policies of the World Bank, the IMF and the WTO echo this belief and push developing countries ever deeper into the global economy. Globalization, Poverty and Inequality provides an alternative viewpoint. It argues that for many - particularly for those living in Latin America, Asia and Central Europe - poverty and globalization are relational. It is the very workings of the global system which condemn many to poverty. In particular the mobility of investment, and the large pool of increasingly skilled workers in China and other parts of Asia, are driving down global wages. This poses challenges for policy makers in firms and countries throughout the world. It also challenges the very sustainability of globalisation itself. Are we about to witness the implosion of globalisation, as occurred between 1913 and 1950? Using a variety of theoretical frameworks and drawing on a vast amount of original research, this book will be an invaluable resource for all students of globalization and its effects.

Globalization and Poverty

Globalization and Poverty
Author: Ann Harrison
Publisher: University of Chicago Press
Total Pages: 674
Release: 2007-11-01
Genre: Business & Economics
ISBN: 0226318001

Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.

Globalization and Inequality

Globalization and Inequality
Author: John Rapley
Publisher: Lynne Rienner Publishers
Total Pages: 214
Release: 2004
Genre: Political Science
ISBN: 9781588262202

Rapley argues provocatively that the seeds of political tensions that began in the third world--and are now being manifested around the globe--can be found in neoliberal prescriptions for economic reform.

Globalization and America

Globalization and America
Author: Angela J. Hattery
Publisher: Rowman & Littlefield Publishers
Total Pages: 318
Release: 2008-05-21
Genre: Social Science
ISBN: 1461665361

As globalization expands, more than goods and information are traded between the countries of the world. Hattery, Embrick, and Smith present a collection of essays that explore the ways in which issues of human rights and social inequality are shared globally. The editors focus on the United States' role in contributing to human rights violations both inside and outside its borders. Essays on contemporary issues such as immigration, colonialism, and reparations are used to illustrate how the U.S. and the rest of the world are inextricably linked in their relationships to human rights violations and social inequality. Contributors include Judith Blau, Eduardo Bonilla-Silva, and Joe R. Feagin.