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Empirical Investigation on Globalization and Social Polarization: Cross Country Analysis

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  • Aylin Koç

    (Gaziantep University, Faculty of Economic and Administrative Sciences, Gaziantep, Turkey.)

  • Ahmet Yilmaz Ato

    (Çukurova University, Faculty of Economic and Administrative Sciences, Adana, Turkey.)

  • Zeynep Çirkin

    (Ankara University, Faculty of Economic and Administrative Sciences, Ankara, Turkey.)

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    Abstract

    It is considered that the integration process of both developed and developing countries with the global world affects the aspect of social polarization in these countries. Two main approaches which are different from each other exist in the related literature about the effects of globalization on the social polarization. The first approach, which is mostly supported by neo-liberal economists, claims that the globalization influences the social polarization positively. The other approach suggests that the social polarization increases in the economies together with the globalization process. With this study which was prepared in this scope, the effect of globalization process on the social polarization was tried to be tested by cross-sectional analysis of the data of 2008 of twenty-seven EU member countries. As a result of the findings obtained in this study, it was concluded that the globalization process has a decreasing effect on the social polarization in these countries.

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    Bibliographic Info

    Article provided by Econjournals in its journal International Journal of Economics and Financial Issues.

    Volume (Year): 3 (2013)
    Issue (Month): 1 ()
    Pages: 206-213

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    Handle: RePEc:eco:journ1:2013-01-21

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    Web page: http://www.econjournals.com

    Related research

    Keywords: Social Polarization; Globalization; Income Inequality;

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    1. Barro, Robert J, 2000. " Inequality and Growth in a Panel of Countries," Journal of Economic Growth, Springer, Springer, vol. 5(1), pages 5-32, March.
    2. Dollar, David & Kraay, Aart, 2002. " Growth Is Good for the Poor," Journal of Economic Growth, Springer, Springer, vol. 7(3), pages 195-225, September.
    3. David Dollar, 2005. "Globalization, Poverty, and Inequality since 1980," World Bank Research Observer, World Bank Group, World Bank Group, vol. 20(2), pages 145-175.
    4. Axel Dreher & Noel Gaston, 2006. "Has globalization increased inequality?," KOF Working papers, KOF Swiss Economic Institute, ETH Zurich 06-140, KOF Swiss Economic Institute, ETH Zurich.
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