Advances in Economics, Management and Political Sciences

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Advances in Economics, Management and Political Sciences

Series Vol. 1 , 26 April 2021


Open Access | Article

Globalization and Inequality

Tianyan Zhang 1
1 Durham University

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 1, 35-42
Published 26 April 2021. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Tianyan Zhang. Globalization and Inequality. AEMPS (2021) Vol. 1: 35-42. DOI: 10.54254/2754-1169/1/AEMPS_005.

Abstract

From the beginning of globalization, the world was bound together, and became more and more inseparable. There was a great amount of differences around the world before globalization started, while globalization eliminated it. Although experience rises and falls, overall, both the political aspect and technological aspect keep developing, which drives the global market to become more efficient. Simultaneously, people in academia started focusing on inequality as a problem. Especially for economic inequality, including the visual gap of rich and poor and the difference of opportunity costs for different social classes, are greatly affected by globalization. However, how do the effects work and how to value the effects is the popular question without consensus. The minority, whether they think it’s a good thing or not, acknowledge that globalization reduced the social inequality among the countries but exacerbated inequality within the countries. This paper focuses on the complicated relationship between globalization and inequality by comparing and contrasting recent studies and ideologies in this area. The core problem within globalization appears to be the existence of the gap between political globalization and economic globalization. As economic globalization keeps integrating all of the countries around the world, the political globalization process is still suffocated by the national boundary lines in every country.

Keywords

Globalization, Inequality, International Politics

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Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Advances in Economics, Management and Political Sciences, Vol. 1
ISBN (Print)
ISBN (Online)
Published Date
26 April 2021
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/1/AEMPS_005
Copyright
© 2023 The Author(s)
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated