Inequality rising despite -...

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View Full Document Right Arrow Icon Inequality rising despite promises of globalization, UN expert says – (9 February 2007) Much of the world has seen “a significant and disturbing increase of inequality” in the last two decades, contradicting predictions that globalization and liberalization would foster more equal opportunities, a senior United Nations economist said today. “The evidence is quite clear,” Assistant Secretary-General for Economic Development Jomo Kwame Sundaram said at a press briefing at the world body’s Headquarters in New York. “Inequality has grown at two levels: between countries and within most countries – with the notable exceptions of Northern Europe and some Middle Eastern and North African countries.” The increase of inequality across the world “is very contradictory to the proponents of the ‘flat world idea,’” he said. “They basically argue that, as a consequence of globalization
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This note was uploaded on 10/12/2008 for the course DSOC 1101 taught by Professor Hirshel during the Fall '07 term at Cornell University (Engineering School).

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