Inequality between States: The Price of Economic Globalization

Bunce, Selvi
January 2016
Language in India;Jan2016, Vol. 16 Issue 1, p234
Academic Journal
According to Gruber "Equitable growth was a product of good institutions" (2011, 581). The domestic institutions and policies are rooted in states' responses to colonialism and the power structure of the world system. The key effect of domestic institutions and policy within the consequences of the globalization of the trading system is economic inequality between states. This paper analyzes the current situation wherein inequality between is clearly seen. Such inequality is the price of economic globalization.


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