Poverty and Inequality in the Years of Globalisation

Luciano Marcello Milone and Felice Pizzuti ()

QA - Rivista dell'Associazione Rossi-Doria, 2004, issue 2

Abstract: The last two-three decades have been characterised by a determined return to economic integration and neo-laissez faire policies, but at the same time poverty and inequality have remained high or have increased. Prospects are not encouraging for many reasons, especially the inadequacy of institutions. In particular, we perceive the need for strengthening and adjusting the welfare state. Analysing the connections between globalisation and growth in the developing countries, distinction must be made between commercial and financial integration. In both cases, however, the liberalization of emerging countries must be gradual and closely dependent on their effective capacity to address market distortions and to limit social costs. Globalisation requires the strengthening of international cooperation institutions. This, however, in turn depends on prior reform of their decision-making mechanisms to enable such institutions to serve effectively the real interests of the international community.

Keywords: Globalization; Growth; Poverty; Inequality; Welfare State; Government Role; International Economic Institutions (search for similar items in EconPapers)
JEL-codes: F02 F43 H53 I32 (search for similar items in EconPapers)
Date: 2004
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.francoangeli.it/riviste/Scheda_Riviste. ... &Tipo=Articolo%20PDF (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rar:journl:0003

Access Statistics for this article

More articles in QA - Rivista dell'Associazione Rossi-Doria from Associazione Rossi Doria Via Silvio d'Amico 77, - 00145 Rome Italy. Contact information at EDIRC.
Bibliographic data for series maintained by ( this e-mail address is bad, please contact ).