Chapter

Globalization, Regionalization, and Inequality

Charles Oman

in Inequality, Globalization, and World Politics

Published in print April 1999 | ISBN: 9780198295662
Published online November 2003 | e-ISBN: 9780191599521 | DOI: http://dx.doi.org/10.1093/0198295669.003.0003
 Globalization, Regionalization, and Inequality

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Examines whether globalization processes can be managed so as to minimize inequality and exclusion, and to strengthen social cohesion. It details the driving forces behind globalization, which include deregulation in OECD countries (a process that also fosters regionalization), the emergence of technologies that have altered the way in which firms organize production (from Taylorism to ‘post‐Taylorist’ flexible production), globalization of financial services (which has increased governments’ vulnerability to market instabilities), and the entry of non‐OECD countries into the global marketplace. Moreover, regionalization carries risks of exclusion and protectionism, which also threaten to create destabilizing inequalities.

Keywords: globalization; inequality; regionalization

Chapter.  10418 words. 

Subjects: International Relations

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