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Globalization and social justice in OECD countries

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Kauder, Björn

CESifo, Munich

CESifo - Munich

2015

30 p.

economic integration ; globalization ; social development ; social inequality

OECD countries

CESifo Working Paper

5210

Economic development

http://www.cesifo-group.de/

English

Bibliogr.

"Social justice is a topic of importance to social scientists and also political decision makers. We examine the relationship between globalization and social justice as measured by a new indicator for 31 OECD countries. The results show that countries that experienced rapid globalization enjoy social justice. When the KOF index of globalization increases by one standard deviation, the social justice indicator increases by about 0.4 points (on a scale from 1 to 10). The policy implication is that permitting a national economy to become globally integrated is consistent with and promotes social justice."

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