Inequality and Globalization

The new wave of globalization may be expected to create new patterns of inequality within countries. Inequality has long been a problem in developed and developing countries, but the new wave of globalization – through new patterns of outsourcing, offshoring and technology diffusion – may be creating inequality along new lines.

What are the implications of these developments for the fight against poverty and inequality? Do we need new forms of insurance against income loss? New forms of redistribution? New strategies of cooperation between business and government? How can the private sector be encouraged to provide the necessary social insurance? How can governments mitigate inequality in a self-adjusting way?