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Globalization and Social Justice in OECD Countries

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  • Björn Kauder
  • Niklas Potrafke

Abstract

Social justice is a topic of importance to social scientists and also political decision makers. We examine the relationship between globalization and social justice as measured by a new indicator for 31 OECD countries. The results show that countries that experienced rapid globalization enjoy social justice. When the KOF index of globalization increases by one standard deviation, the social justice indicator increases by about 0.4 points (on a scale from 1 to 10). The policy implication is that permitting a national economy to become globally integrated is consistent with and promotes social justice.

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  • Björn Kauder & Niklas Potrafke, 2015. "Globalization and Social Justice in OECD Countries," CESifo Working Paper Series 5210, CESifo.
  • Handle: RePEc:ces:ceswps:_5210
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    More about this item

    Keywords

    globalization; social justice; economic integration;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • F61 - International Economics - - Economic Impacts of Globalization - - - Microeconomic Impacts

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