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Globalisation, Neoliberalism and Inequality in Australia

Published online by Cambridge University Press:  01 January 2023

John Quiggin*
Affiliation:
Department of Economics, James Cook University
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Abstract

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The paper has two main objects. The first is to discuss the nature of (economic) globalisation and the extent to which it can be considered an exogenous development. Globalisation since 1970 is contrasted with that in the 19th century. It is argued that the current experience of globalisation is simply the international manifestation of the swing towards neoliberal policies of market oriented reform that hag taken throughout the world since 1970. The second object is to consider the relationship, if my, of globalisation to the increase in inequality evident in a number of developed countries. It is argued that increased inequality is the result of the neoliberal reform program as a whole and that the role of globalisation per se has been overstated.

Type
Symposium on Globalisation
Copyright
Copyright © The Author(s) 1999

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