Globalization and Economic Inequality between Developed and Developing Economies: A Comparative Study
- DOI
- 10.2991/978-2-38476-585-0_98How to use a DOI?
- Keywords
- Globalization; Inequality; Developing Economics
- Abstract
Globalization has transformed the global trade, investment and technology flows in the world. Globalization has affected the economies of developed and developing countries in different kinds of ways. The study attempts to find out whether globalization has decreased or increased inequality between two groups: developed and developing countries. The study uses literature review, descriptive statistics and case studies for analysis of globalization effects on income distribution. USA is taken as a representative developed country and India, Vietnam, Mexico, Brazil and China as case study developing countries. The results reveal that globalization has reduced poverty and increased income in some developing countries around the world. However, globalization has increased income inequality in both developed and developing countries. The paper concludes that globalization impact on inequality is shaped by national policies, labor mobility and ability to move up in global value chains. The paper concludes with policy recommendations to make globalization more inclusive.
- Copyright
- © 2026 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Yaxuan Li PY - 2026 DA - 2026/06/18 TI - Globalization and Economic Inequality between Developed and Developing Economies: A Comparative Study BT - Proceedings of the 2025 International Conference on Hybrid Commerce, Human Capital, and Economic Dynamics (ICHCH 2025) PB - Atlantis Press SP - 870 EP - 877 SN - 2352-5428 UR - https://doi.org/10.2991/978-2-38476-585-0_98 DO - 10.2991/978-2-38476-585-0_98 ID - Li2026 ER -