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Words: | Submitted: Fri Mar 16 2007
... apparent in terms of wealth. There are two views of globalisation and inequality. The Washington Consensus is the neo-liberal celebration of globalisation and it sees globalisation as a cure to global inequality because it allows wealth to expand to poorer countries. The second understanding of globalisation and inequality is more pessimistic and it sees globalisation as a means of allowing there to be new forms of domination and exploitation via neo-colonialism. In order to validate these views I will provide evidence, which supports both perspectives by referring to a range of examples including the success of the Asian Tigers. Finally I will briefly summarise whether globalisation has narrowed or widened the gulf between rich and poor countries. The single most significant feature of globalisation is that it is not truly global. This is for a number of reasons. Many international relations theorists seem to suggest that it is purely because ...
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