Globalization and a Welfare Program for the Marginalized

Dresden Discussion Paper in Economics No. 05/09

16 Pages Posted: 1 Dec 2009

See all articles by Udo Broll

Udo Broll

Dresden University of Technology - Faculty of Economics and Business Management

Alexander Kemnitz

Dresden University of Technology - Faculty of Economics and Business Management

Vivekananda Mukherjee

Jadavpur University

Date Written: June 1, 2009

Abstract

We study the economic relationship between globalization and inequality within a country. In a partial equilibrium it is shown even when the local government exclusively maximizes the welfare of the marginalized (unemployed) people, relative consumption inequality between employed and the marginalized always rises by intensified globalization. However in certain situations the relative income inequality may fall.

Keywords: Globalization, inequality, marginalization, policy

JEL Classification: I30, 015, 019, F42

Suggested Citation

Broll, Udo and Kemnitz, Alexander and Mukherjee, Vivekananda, Globalization and a Welfare Program for the Marginalized (June 1, 2009). Dresden Discussion Paper in Economics No. 05/09, Available at SSRN: https://ssrn.com/abstract=1516625

Udo Broll (Contact Author)

Dresden University of Technology - Faculty of Economics and Business Management ( email )

Mommsenstrasse 13
Dresden, D-01062
Germany

Alexander Kemnitz

Dresden University of Technology - Faculty of Economics and Business Management ( email )

Mommsenstrasse 13
Dresden, D-01062
Germany

Vivekananda Mukherjee

Jadavpur University ( email )

188, Raja S.C. Mallick Rd, Kolkata 700032
Calcutta, West Bengal 700032
India

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