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Globalisation, Social Welfare, Public Policy and Labor Inequalities

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  • Clement Allan Tisdell

    (UQ [All campuses : Brisbane, Dutton Park Gatton, Herston, St Lucia and other locations] - The University of Queensland)

  • Serge Svizzero

    (CEMOI - Centre d'Économie et de Management de l'Océan Indien - UR - Université de La Réunion)

Abstract

Income inequality has increased sharply in higher income and in many lower income countries. The-ories attributing this to bifurcation of labor markets in higher income countries are examined. Some theorists attribute this bifurcation primarily to technical change with influence from globalization. Others take an opposite viewpoint. A contrasting view presented here is that globalization is strongly linked with technological change. More significantly even if globalization increases economic effi-ciency and growth in globalizing countries, it can raise income inequality and reduce social welfare in such countries. International fiscal competitiveness may, it is argued, contribute to income inequality and make all nations worse off. Trends in public social expenditure and in taxation receipts in higher income countries, including Singapore, are examined to determine the extent of empirical support for the theory.

Suggested Citation

  • Clement Allan Tisdell & Serge Svizzero, 2004. "Globalisation, Social Welfare, Public Policy and Labor Inequalities," Post-Print hal-02153097, HAL.
    • Handle: RePEc:hal:journl:hal-02153097
    DOI: 10.1142/S0217590804000901
    Note: View the original document on HAL open archive server: https://hal.univ-reunion.fr/hal-02153097
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    References listed on IDEAS

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    Cited by:

    1. Sung-Jin Kang & Robert Rudolf, 2016. "Rising Or Falling Inequality In Korea? Population Aging And Generational Trends," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 61(05), pages 1-26, December.
    2. Tisdell, Clem, 2016. "Financial Implications of Seasonal Variability in Demand for Tourism Services (Final Draft)," Economic Theory, Applications and Issues Working Papers 244574, University of Queensland, School of Economics.
    3. Muhammad Tariq Majeed, 2017. "Inequality, Fdi And Economic Development: Evidence From Developing Countries," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 62(05), pages 1039-1057, December.
    4. Jacques-Marie Aurifeille & Serge Svizzero & Clement Allan Tisdell, 2006. "What Leading Economic and Managerial Issues are Covered? Why are they Important in the Context of Globalisation?," Post-Print hal-02155059, HAL.

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