This volume debates the complex nature of the relationships between globalization, social and economic transformations and growing inequalities. Employing a global, world-historical and comparative perspective, the 16 articles brought together in this volume deal with three central questions: Firstly, the question of the spatio-temporal evolution and variations of growing inequalities, secondly, the relative importance of globalization as compared to other factors explaining growing inequalities and, thirdly, institutional variations of inequality dynamics and globalization impacts. Christian Suter is Professor of Economic Sociology at the University of NeuchÃ?Â[tel and President of the World Society Foundation, domiciled at the University of Zurich, Switzerland.
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.
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.
Based on theoretical developments in research on world-systems analysis, transnational migration, postcolonial and decolonial perspectives, whilst considering continuities of inequality patterns in the context of colonial and postcolonial realities, Global Inequalities Beyond Occidentalism proposes an original framework for the study of the long-term reproduction of inequalities under global capitalism. With attention to the critical assessment of both Marxist and Weberian perspectives, this book examines the wider implications of transferring classical approaches to inequality to a twenty-first-century context, calling for a reconceptualisation of inequality that is both theoretically informed and methodologically consistent, and able to cater for the implications of shifts from national and Western structures to global structures. Engaging with approaches to the study of class, gender, racial and ethnic inequalities at the global level, this innovative work adopts a relational perspective in the study of social inequalities that is able to reveal how historical interdependencies between world regions have translated as processes of inequality production and reproduction. As such, it will be of interest to scholars of sociology, political and social theory and anthropology concerned with questions of globalisation and inequality.
This volume studies the relation between globalization and inequalities in emerging societies by linking Area and Global Studies, aiming at a new theory of inequality beyond the nation state and beyond Eurocentrism.
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.
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
Simon Kuznets’ views about the inverted-U relationship between inequality and development and the process of structural transformation have long been under the lens of researchers. Over the last 20 years, immense potential for growth in Asia has been facilitated by structural transformation. However, it remains undecided whether the contribution of structural transformation will stay as a crucial factor in determining potential productivity growth and income distribution. This book brings together novel conceptual frameworks and empirical evidence from country case studies on topics related to structural transformation, globalization, and income inequality.
What causes global inequality? Why should we be concerned about it? Is inequality getting worse or are there signs of improvement and progress? This critical analysis of the current state of global inequality pushes beyond ideological prejudice and simplistic explanations, to address these important questions. Offering a distinctive response to the many challenges in the area, the text presents a holistic account of inequality by: - Taking a multidisciplinary approach, incorporating perspectives from sociology, politics and economics; - Recognising the influence of historical trends on inequality today; - And viewing inequality from a global perspective, as well as a national one. Drawing on major theories of inequality and up-to-date evidence, Robert J. Holton guides readers through the complex issues at hand, making this text a valuable resource for students of sociology, global studies, politics and development studies.
This study was the first systematically to cover those cities beyond the core that most clearly can be considered world cities: Bangkok, Cairo, Hong Kong, Jakarta, Johannesburg, Mexico City, Moscow, Mumbai, Sao Paulo, Seoul, Shanghai, and Singapore. Fourteen leading authorities from diverse backgrounds bring their expertise to bear on these cities across four continents and consider the major regional and global roles they play in economic, political, and cultural life. Conveying how these cities have followed various pathways to their present position, they offer multiple perspectives on the interplay of internal and external forces and demonstrate that any comprehensive discussion of world cities has to engage a multiplicity of perspectives. With an introduction by Josef Gugler and an afterword from Saskia Sassen, this substantial volume makes a major contribution to the world cities literature and provides an important impetus for further analysis.
