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Inequality, Globalization, and World Politics$
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Andrew Hurrell and Ngaire Woods

Print publication date: 1999

Print ISBN-13: 9780198295662

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0198295669.001.0001

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Globalization, Liberalization, and Inequality: Expectations and Experience

Globalization, Liberalization, and Inequality: Expectations and Experience

Chapter:
(p.150) 6 Globalization, Liberalization, and Inequality: Expectations and Experience
Source:
Inequality, Globalization, and World Politics
Author(s):

Frances Stewart

Albert Berry

Publisher:
Oxford University Press
DOI:10.1093/0198295669.003.0007

Explores the effects of moves from dirigiste to laissez‐faire policies (liberalization) on income distribution within countries, and also to consider briefly its impact on inter‐country inequality. The emphasis is on inequality within countries because this is where world inequalities have been most exacerbated over the past two decades. In itself, this represents an important change in inequality in world politics. The gap between rich and poor has long been the major source of inequality among people in the world. Yet this gap has, if anything, closed slightly over the past couple of decades. In particular, the chapter demonstrates that over the 1980s inequalities within countries generally tended to worsen—more so than in any previous post‐WW2 decade—and argues that if intra‐country distribution had remained the same over the 1980s, inter‐country inequalities would have been reduced.

Keywords:   income distribution, inequality, liberalization

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