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The Effects of Globalization on Income Distribution and Formal Education
Globalization is a relatively controversial process, as not everyone agrees with its
definition, the role it has for the global economy and society, and the roles it should have. For
instance, while some believe globalization will improve the economy and increase people access
to formal education, others disagree. The purpose of the present paper is to examine some of the
arguments brought by those who believe globalization does not decrease social inequalities and
to show how many of these arguments are contradicted by empirical data.
While most agree that quality of life has improved significantly in the last century, there
is an ongoing controversy whether income inequality within countries and between countries has
increased or decreased. Some of those who believe inequalities are constant and class struggles
still exist today may argue that globalization has not reduced the differences betwee...