Gresham College Lectures
Gresham College has been providing free public lectures since 1597, making us London's oldest higher education institution. This podcast offers our recorded lectures that are free to access from the Gresham College website, or our YouTube channel.
Gresham College Lectures
How does globalisation affect inequality globally?
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Gresham College
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Looking at globalisation and its impact on the world's distribution of income, it is argued that, while in individual countries it may raise inequality, the overall impact of transferring incomes from richer countries to poorer ones means that for the world as a whole, the process actually reduces inequality. Paradoxically, globalisation can reduce global inequality through the transfer of income from rich to poor countries, and inequality may rise as richer members of societies cope better with the massive change.