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This paper argues that the likely impact of globalization on world inequality has been very different from what these simple correlations suggest.
We found the significant turning point of globalization at which inequality starts decreasing as further globalization proceeds.
The effects of Globalization are thus producing big winners and losers.
Basically, globalization is a human construct, and it can thus be deconstructed by society.
Because of negative feedback from these changes, the future of globalization itself is bleak.
Economic globalization is now not only a benefit, but also a ‘security problem’.
Globalization is a contributing factor.
Our analyses reveal support for ‘destructive globalization/ globalization as a threat’ thesis, but emphasize the multi-dimensional character of globalization.
The paper shows that the current view of globalization as an automatic and benign force is seriously flawed.
The issue is thus not whether financial globalization is inherently good or bad, but whether it can be done right.
This article argues that the current opposition to globalization is not a structural side effect of economic integration.
There are positive aspects of globalization.
If we can show the inevitability of globalization then the advantages of globalization will outweigh its disadvantages.
Journal ArticleDOI
01 Jan 1997-European Review
94 Citations
This paper argues that we do not and that the concept of globalization is often used in inappropriate ways.
One cannot argue--in the sense of being for or against globalization--with globalization as fact, although one can like it or dislike it.
Contrary to the prevalent views on the globalization of production, this paper holds that the outcomes and patterns of globalization vary, due mainly to the politics of the main actors inside and outside corporations.

Related Questions

What are the negative effects of globalization?5 answersGlobalization has negative effects on the economy, including increased global competition that threatens weaker sectors of the local economy and leads to a decline in local employment and difficulty for traditional sectors to survive. It also creates greater economic inequality, with not all segments of society being able to access the same opportunities and benefits from globalization. The impact of globalization on culture raises concerns about the loss of local cultural identity, as local traditions, languages, and values may become marginalized or forgotten. In terms of public expenditures, globalization has a negative effect, but a positive effect on tax revenues. The adverse effects of globalization are concentrated in certain social groups, firms, industries, and regions, and are often persistent or magnified over time. The role of governments in mitigating these effects is critical, but often constrained by limited fiscal resources and efficiency pressures of the global market.
Is globalization good or bad?5 answersGlobalization has both positive and negative effects. It can be welfare-enhancing and dislocating. The positive impact of globalization is evident in the economic growth and development of several countries and groups. However, there are also concerns about the negative consequences of globalization, such as the potential harm to workers and the environment. Scholars have differing views on the impact of globalization, with economists generally stating that it is good for workers, while sociologists, anthropologists, and historians tend to argue that it is bad for workers. The effects of globalization on the environment also vary, with some studies suggesting that higher levels of globalization lead to increased carbon emissions. Overall, the impact of globalization is complex and depends on various factors and perspectives.
How is globalization bad for America?8 answers
How is globalization bad for the United States?5 answers
Is globalization good or bad for the United States economy?6 answers
Why is political globalization bad?5 answers

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