Globalization and Social Justice in OECD Countries

32 Pages Posted: 10 Mar 2015

See all articles by Bjoern Kauder

Bjoern Kauder

CESifo (Center for Economic Studies and Ifo Institute) - Ifo Institute

Niklas Potrafke

CESifo (Center for Economic Studies and Ifo Institute) - Ifo Institute

Date Written: February 27, 2015

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.

Keywords: globalization, social justice, economic integration

JEL Classification: D63, F61

Suggested Citation

Kauder, Bjoern and Potrafke, Niklas, Globalization and Social Justice in OECD Countries (February 27, 2015). CESifo Working Paper Series No. 5210, Available at SSRN: https://ssrn.com/abstract=2576127

Bjoern Kauder

CESifo (Center for Economic Studies and Ifo Institute) - Ifo Institute ( email )

Poschinger Str. 5
Munich, 01069
Germany

Niklas Potrafke (Contact Author)

CESifo (Center for Economic Studies and Ifo Institute) - Ifo Institute ( email )

Poschinger Str. 5
Munich, 01069
Germany

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