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Globalization and Egalitarian Redistribution

Pranab Bardhan (Author) Samuel Bowles (Author)
Synopsis Can the welfare state survive in an economically integrated world? Many have argued that globalization has undermined national policies to raise the living standards and enhance the economic opportunities of the poor. This book, by sixteen of the world’s leading authorities in international economics and the welfare state, suggests a surprisingly different set of consequences: Globalization does not preclude social insurance and egalitarian redistribution — but it does change the mix of policies that can accomplish these ends. Globalization and Egalitarian Redistribution demonstrates that the free flow of goods, capital, and labor has increased the inequality of volatility of labor earnings in advanced industrial societies — while constraining governments’ ability to tax the winners from globalization to compensate workers for their loss. This flow has meanwhile created opportunities for enhancing the welfare of the less well off in poor and middle-income countries. Comprising eleven essays framed by the editors’ introduction and conclusion, this book represents the first systematic look at how globalization affects policies aimed at reducing inequalities.
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About the author

Pranab Bardhan

Pranab Bardhan is Professor of Economics at the University of California, Berkeley, and co-chair of the MacArthur Foundation-funded Network on the Effects of Inequality on Economic Performance. He has done theoretical and field research on rural institutions in poor countries, political economy of development policies, and international trade. He was chief Editor, Journal of Development Economics, 1985-2003. His books include Poverty, Agrarian Structure, and Political Economy in India: Selected Essays, 2003; Development Microeconomics, 1999.

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Bibliographic information

Title Globalization and Egalitarian Redistribution
Format Hardcover
Date published: 18.01.2006
Edition 1st ed.
Language: English
isbn 0195685510