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Globalization, Poverty and Inequality: What Is the Relationship? What Can Be Done?

  • Kaushik Basu

    ()

The paper studies the relation between globalization, inequality and marginalization, within and across nations. It reviews the existing evidence on globalization and global inequality and argues, using a simple theoretical model, that the two are inter-connected. It discusses policy alternative policies to counter extreme poverty and inequality. The paper takes the view that curbing these, even within one country, requires global, cross-country policies that we do not currently have, and advocates the setting up of an international initiative to coordinate such policies. [Research Paper No. 2005/32]

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Paper provided by eSocialSciences in its series Working Papers with number id:3234.

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Date of creation: Nov 2010
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Handle: RePEc:ess:wpaper:id:3234
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  1. Birdsall, Nancy & Ross, David & Sabot, Richard, 1995. "Inequality and Growth Reconsidered: Lessons from East Asia," World Bank Economic Review, World Bank Group, vol. 9(3), pages 477-508, September.
  2. Deininger, Klaus & Squire, Lyn, 1998. "New ways of looking at old issues: inequality and growth," Journal of Development Economics, Elsevier, vol. 57(2), pages 259-287.
  3. Stephan Klasen, 2003. "In Search of The Holy Grail: How to Achieve Pro-Poor Growth ?," Ibero America Institute for Econ. Research (IAI) Discussion Papers 096, Ibero-America Institute for Economic Research.
  4. François Bourguignon & Christian Morrisson, 2001. "Inequality among World Citizens : 1820-1992," DELTA Working Papers 2001-18, DELTA (Ecole normale supérieure).
  5. Branko Milanovic, 2002. "True World Income Distribution, 1988 and 1993: First Calculation Based on Household Surveys Alone," Economic Journal, Royal Economic Society, vol. 112(476), pages 51-92, January.
  6. Sanjay G. Reddy & Camelia Minoiu, 2005. "Has world poverty really fallen during the 1990s?," Development and Comp Systems 0509005, EconWPA.
  7. Shaohua Chen & Ravallion, Martin, 2000. "How did the world's poorest fare in the 1990s ?," Policy Research Working Paper Series 2409, The World Bank.
  8. Shorrocks, Anthony & van der Hoeven, Rolph (ed.), 2004. "Growth, Inequality, and Poverty: Prospects for Pro-poor Economic Development," OUP Catalogue, Oxford University Press, number 9780199268658, March.
  9. Banerjee, Abhijit & Piketty, Thomas, 2002. "Top Indian Incomes, 1956-2000," CEPR Discussion Papers 4137, C.E.P.R. Discussion Papers.
  10. Sen, Amartya K, 1976. "Real National Income," Review of Economic Studies, Wiley Blackwell, vol. 43(1), pages 19-39, February.
  11. Basu, Kaushik, 2001. "Gender and Say: A Model of Household Behavior with Endogenously-Determined Balance of Power," Working Papers 01-01, Cornell University, Center for Analytic Economics.
  12. Chau, Nancy H & Kanbur, Ravi, 2003. "On Footloose Industries, Asymmetric Information and Wage Bargaining," CEPR Discussion Papers 4095, C.E.P.R. Discussion Papers.
  13. Jeffrey G. Williamson, 2002. "Winners and Losers Over Two Centuries of Globalization," NBER Working Papers 9161, National Bureau of Economic Research, Inc.
  14. Heshmati, Almas, 2004. "The World Distribution of Income and Income Inequality," IZA Discussion Papers 1267, Institute for the Study of Labor (IZA).
  15. Banerjee, Abhijit & Piketty, Thomas, 2004. "Top Indian Incomes, 1922-2000," CEPR Discussion Papers 4632, C.E.P.R. Discussion Papers.
  16. Dagdeviren, Hulya & van der Hoeven, Rolph & Weeks, John, 2002. "Redistribution Does Matter Growth and Redistribution for Poverty Reduction," Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
  17. Wade, Robert Hunter, 2004. "Is Globalization Reducing Poverty and Inequality?," World Development, Elsevier, vol. 32(4), pages 567-589, April.
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