Asymmetric Globalization: Global Markets Require Good Global Politics

21 Pages Posted: 16 Mar 2008

Date Written: October 18, 2002

Abstract

The paper sets out two views of the facts about the effects of globalization on world poverty and inequality. The bottom line: globalization is not the cause, but neither is it the solution to world poverty and inequality. The paper then explores why and how the global economy is stacked against the poor, making globalization asymmetric, at least up to now. It concludes with some ideas about a new agenda of good global politics, an agenda to shape a future global economy and society that is less poor and less unequal - not only because it is more global and competitive, but also because it is more fair and more politically representative.

Keywords: globalization, poverty, inequality

Suggested Citation

Birdsall, Nancy, Asymmetric Globalization: Global Markets Require Good Global Politics (October 18, 2002). Center for Global Development Working Paper No. 12. Available at SSRN: https://ssrn.com/abstract=1106282 or http://dx.doi.org/10.2139/ssrn.1106282

Nancy Birdsall (Contact Author)

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