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Empirical Investigation on Globalization and Social Polarization: Cross Country Analysis

Author

Listed:
  • 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.)

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.

Suggested Citation

  • Aylin Koç & Ahmet Yilmaz Ato & Zeynep Çirkin, 2013. "Empirical Investigation on Globalization and Social Polarization: Cross Country Analysis," International Journal of Economics and Financial Issues, Econjournals, vol. 3(1), pages 206-213.
  • Handle: RePEc:eco:journ1:2013-01-21
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    References listed on IDEAS

    as
    1. Dollar, David & Kraay, Aart, 2002. "Growth Is Good for the Poor," Journal of Economic Growth, Springer, vol. 7(3), pages 195-225, September.
    2. David Dollar, 2005. "Globalization, Poverty, and Inequality since 1980," World Bank Research Observer, World Bank Group, vol. 20(2), pages 145-175.
    3. Axel Dreher & Noel Gaston, 2008. "Has Globalization Increased Inequality?," Review of International Economics, Wiley Blackwell, vol. 16(3), pages 516-536, August.
    4. Barro, Robert J, 2000. "Inequality and Growth in a Panel of Countries," Journal of Economic Growth, Springer, vol. 5(1), pages 5-32, March.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Veselin Hadjiev, 2014. "Current general comparative advantages in international trade," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 65-79.
    2. Altuð Kazar & Görkemli Kazar, 2016. "Globalization, Financial Development and Economic Growth," International Journal of Economics and Financial Issues, Econjournals, vol. 6(2), pages 578-587.

    More about this item

    Keywords

    Social Polarization; Globalization; Income Inequality;

    JEL classification:

    • D02 - Microeconomics - - General - - - Institutions: Design, Formation, Operations, and Impact
    • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • D73 - Microeconomics - - Analysis of Collective Decision-Making - - - Bureaucracy; Administrative Processes in Public Organizations; Corruption
    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design

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