Includes bibliographical references (p. 307-346) and index.
Contents:
Technical progress and economic prosperity -- Technical progress, poverty, and inequality -- Growth reducing exogenous and structural factors -- Growth reducing endogenous factors -- The world distribution of income -- Globalization and inequality -- More developing countries' access to developed countries' markets -- More foreign direct investment to developing countries -- More integration of trade and finance -- More and better development aid -- More migration.
Summary:
This book examines the two fundamental arguments that are often raised against globalization: that it produces inequality and that it increases poverty. Here Guillermo De la Hesa, Chairman of the Centre for Economic Policy Research (CEPR) and a member of the Group of Thirty, and a leading figure in economics explains the ways in which wealthy nations and developing countries alike have failed to implement changes that would result in a reversal of these social ills, and also dispels the notion of the so-called "victim of globalization", demonstrating how, despite popular belief, acceleration of globalization actually stands to reduce the levels of poverty and inequality worldwide. He poses the question as to whether increased technological, economic, and cultural change can save the world from international income inequality, and by extension, further violence, terrorism and war.
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.