Towards a Socially Sustainable World Economy

An Analysis of the Social Pillars of Globalization

Raymond Torres
Release Date: June 1, 2001

Presenting new analytical and policy-oriented research, this timely study examines the positive, as well as the negative social impact of globalization in countries at various stages of economic development. The report looks at how globalization stimulates output and income for some nations, but can also create wider income equalities, job instability, and economic vulnerability. It investigates what kinds of policies (economic, social and labor) can be adopted to improve the benefits and reduce the costs as the world becomes more economically integrated. Using statistical evidence, empirical research, and the use of modern tools of economic analysis, this book examines the social impact in Bangladesh, Chile, Mauritius, Poland, Republic of Korea, South Africa, and Switzerland. Accompanying this synthesis study are detailed reports on each of these seven countries, which can be purchased separately.