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Does Globalisation Promote Sustainable Development and an Equal Distribution of Income around the World? An Econometric and Ethical View

In: 1st International Conference Global Ethics - Key of Sustainability (GEKoS)

Author

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  • Olimpia Neagu

    ("Vasile GoldiÅŸ" Western University of Arad, Arad, Romania)

Abstract

The paper deals with the two ethical aspects related to globalisation impact on: (i) sustainable development and (ii) distribution on income in the world economy. Times series covering the period of 1990 to 2015 of statistical indicators reflecting globalisation, sustainable development and national income for 134 economies are explored. The methodology of the paper consists of a panel data analysis including as variables: the sustainable development index (SDI), the KOF index of globalisation. The standard deviation of GDP per capita in the 134 economies is calculated and analysed. The findings show a positive weak bi-directional link between globalisation and sustainable development accompanied with a worsening of income inequality in the examined period of time.

Suggested Citation

  • Olimpia Neagu, 2020. "Does Globalisation Promote Sustainable Development and an Equal Distribution of Income around the World? An Econometric and Ethical View," Book chapters-LUMEN Proceedings, in: Adriana Grigorescu & Valentin Radu (ed.), 1st International Conference Global Ethics - Key of Sustainability (GEKoS), edition 1, volume 11, chapter 7, pages 56-64, Editura Lumen.
    • Handle: RePEc:lum:prchap:11-07
    DOI: https://doi.org/10.18662/lumproc/gekos2020/07
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    Cited by:

    1. Aurel Lupu & Raluca Ivan, 2021. "Non-Financial Reporting In Emerging Economies Central and South-East Europe," Book chapters-LUMEN Proceedings, in: Adriana Grigorescu & Valentin Radu (ed.), 2nd International Conference Global Ethics - Key of Sustainability (GEKoS), edition 1, volume 15, chapter 8, pages 94-101, Editura Lumen.

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    More about this item

    Keywords

    globalisation; sustainable development; income inequality; global ethics;
    All these keywords.

    JEL classification:

    • F2 - International Economics - - International Factor Movements and International Business
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights

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