[EQ] The World is not Flat: Inequality and Injustice in our Global Economy

From: <info_at_un-instraw.org>
Date: Tue Aug 22 2006 - 16:11:40 AST

The World is not Flat: Inequality and Injustice in our Global Economy

Nancy Birdsall, President of the Center for Global Development in Washington
DC USA

            UNU-WIDER 2005 Annual Lecture 9 by the Finnish Ministry for
Foreign Affairs

UNU World Institute for Development Economics Research (UNU-WIDER),
Helsinki, Finland, 2006

Available online as PDF [55p.] at:
http://www.wider.unu.edu/publications/annual-lectures/annual-lecture-2005.pd
f

"...The reference to 'flatness' alludes to the more level playing field due
to globalization that has enabled China, India, and others to start catching
up with the living standards of rich countries. But as Birdsall points out,
the world is far from flat. In particular, unequal opportunities exist and
persist both at the level of households within countries and at the level of
nations in a global context; indeed the same forces of globalization are
likely to exacerbate these inequalities..""

Anthony Shorrocks, Director, UNU-WIDER

Content:

INTRODUCTION 1

PART I INEQUALITY WITHIN COUNTRIES: WHY IT MATTERS FOR DEVELOPMENT

1.1 Inequality can stall growth: textbook economics versus market and
government failures

1.2 Inequality tends to undermine good public policy

1.3 Inequality tends to inhibit effective collective decision making

PART II GLOBALIZATION IS DISEQUALIZING

2.1 Recent trends of global inequality

2.2 Disequalizing globalization: three reasons

CONCLUSION: MANAGING GLOBALIZATION

3.1 A global social contract

3.2 Addressing global market failures

3.3 Just global rules and full and fair implementation

REFERENCES

* * * *

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