Professional paper
https://doi.org/10.32676/n.9.1.3
The impact of globalization on inequality
Sanja Franc
orcid.org/0000-0001-8787-4429
Abstract
Current phase of globalization is the result of the reappearance of some previous problems reinforced
by new challenges, for which, due to their dynamics and volatility, safe sustainable solutions cannot
be found. The contemporary global economy is characterized by increasingly rapid digitization, which
enables the realization of numerous advantages and opportunities, but also results in the widening of the
gap between countries because not all countries have the same opportunities in exploiting technologies.
The aim of this paper is to analyze the impact of globalization on inequality between countries. Since
growing inequality is one of the biggest global challenges, the goal is to investigate whether or not
globalization through different channels contributes to strengthening competitiveness and reducing
income inequality between countries, and what are the potential solutions for reducing inequality.
Keywords
globalization, inequality, competitiveness
Hrčak ID:
314186
URI
Publication date:
31.12.2023.
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