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“The Globalization of Inequality” by François Bourguignon Essay (Book Review)

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Updated: Mar 24th, 2021

The book selected for this review is The Globalization of Inequality, by François Bourguignon. In this book, the author focuses on the patterns of income inequality in the world. As pointed out by Bourguignon during his speech at the Australian National University, the main challenge of income inequality as a study is to take into consideration its dynamics in the domestic, international, and global settings (ANU TV). In the book, Bourguignon focuses on the cyclic nature of income inequality that goes into decline after each two-year increase and on the complexity of this phenomenon in terms of benefits and disadvantages from various perspectives. The author discusses the problem of opposition to the Globalization that currently is taking place in many countries all around the world.

In addition to the work of Bourguignon, I would like to read two more books that focus on the economic impacts of globalization. The first one is The Globalization Paradox by Dani Rodrick, who concentrates on the role the world’s democracies play in the economics of globalization and the overall merge in the modern political systems with the economics on multiple levels. The second book is In Defense of Globalization by Jagdish Bhagwati that tackles the phenomenon of the opposition to globalization and attempts to provide detailed explanations of the causes and sources of the negative responses to the phenomenon of globalization (Complete Review, par. 9).

All of the three books review the costs and benefits of globalization as a multidimensional happening, present the manifestations of the opposition to it, the outcomes, and prospects. I am interested in reading these books as they may have answers as to the future influences of globalization and the upcoming reactions and tendencies in the world.

Works Cited

ANU TV. “Francois Bourguignon – Globalisation and inequality.” Online video clip. YouTube. 2013. Web.

Complete Review. . 2011. Web.

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