Globalization and Social Justice in OECD Countries

Björn Kauder and Niklas Potrafke

No 5210, CESifo Working Paper Series from CESifo

Abstract: Social justice is a topic of importance to social scientists and also political decision makers. We examine the relationship between globalization and social justice as measured by a new indicator for 31 OECD countries. The results show that countries that experienced rapid globalization enjoy social justice. When the KOF index of globalization increases by one standard deviation, the social justice indicator increases by about 0.4 points (on a scale from 1 to 10). The policy implication is that permitting a national economy to become globally integrated is consistent with and promotes social justice.

Keywords: globalization; social justice; economic integration (search for similar items in EconPapers)
JEL-codes: D63 F61 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (11)

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Journal Article: Globalization and social justice in OECD countries (2015)
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