How is globalization linked to global poverty and to global inequality? Such questions are at the center of a heated and, at times, acrimonious debate, despite the large and growing literatures in economics and other disciplines. This volume of the Brookings Trade Forum aims to summarize what is known from the existing body of scholarly research and identify the questions on which there is less conclusive evidence and consensus. The debate is further fueled by the absence of agreed-upon definitions of globalization, poverty and inequality. Yet clarifying the way such terms are used is critical, as studies based on different definitions of the terms yield starkly contrasting conclusions. All contributors grapple with this difficult issue.
Contents:
Editors' Summary (Full Text)
GLOBALIZATION AND INEQUALITY
Competing Concepts of Inequality in the Globalization Debate (Abstract)
Martin Ravallion (World Bank)
Channels from Globalization to Inequality: Productivity World versus Factor World
William Easterly (New York University)
Health in an Age of Globalization (Abstract)
Angus Deaton (Princeton University)
BROADER INDICATORS OF WELL-BEING
Assessing the Impact of Globalization on Poverty and Inequality: A New Lens on an Old Puzzle (Abstract)
Carol Graham (Brookings Institution)
Poverty and the Organization of Political Violence: A Review and Some Conjectures (Abstract)
Nicholas Sambanis (Yale University)
IMPACT OF GLOBALIZATION
Trade, Inequality, and Poverty: What Do We Know? (Abstract)
Pinelopi Goldberg (Yale University) and Nina Pavcnik (Dartmouth College)
The Impact of Globalization on the Poor (Abstract)
Pranab Bardhan (University of California, Berkeley)
LOOKING FORWARD
Why Global Inequality Matters (Abstract)
Nancy Birdsall (Center for Global Development)
Some Speculation on Growth and Poverty over the Twenty-First Century
Kenneth Rogoff (Harvard University)
ISSN 1520-5479
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