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Chapter

Cover The Globalization of World Politics

13. International ethics  

Richard Shapcott

This chapter examines how we should think about ethics, starting with three framing questions: Do states and their citizens have significant moral duties to the members of other countries? Should states and their militaries be morally constrained in the conduct of war? Who is morally responsible for the alleviation of global poverty? The chapter proceeds by defining ethics and considering three significant and difficult ethical issues entailed by globalization: cosmopolitanism, statism, and realist ethics. It concludes by examining the ethical dimensions of global poverty and just war. Two case studies are presented, one dealing with the ethics of migration and the other with the ethics of just war. There is also an Opposing Opinions box that debates who bears most responsibility for addressing global warming.

Chapter

Cover Politics in the Developing World

6. Inequality  

Jenny Pearce

This chapter examines the key conceptual debates on inequality that were common until the end of World War II and the birth of the field of ‘development’. Two inequality-related questions have dominated development debates for decades. Firstly, does growth inevitably lead to inequality? And if so, does it matter, as long as poverty declines? The debates around these questions began in the 1950s with Simon Kuznets’ introduction of the ‘inverted-U hypothesis’, which posited that relative inequality increases, but only temporarily, in the early stages of economic growth, improving once countries reach middle-income levels. The chapter considers the politics and economics of inequality in the developing world as well as inequalities in the age of globalization. It concludes with an assessment of the World Bank’s incorporation of the goal of ‘shared prosperity’ in its discourse alongside its ongoing concern to reduce poverty.

Chapter

Cover Global Political Economy

12. Global Growth, Inequality, and Poverty:  

Power and Evidence in Global ‘Best Practice’ Economic Policy

Robert Hunter Wade

This chapter argues that economists have oversold the virtues of globalization, displaying confidence in derived policy prescriptions well beyond the evidence. The most spectacular recent demonstration of hubris is the failure of almost the whole of the mainstream economics profession in the few years before 2007–8 to forecast a major recession. The chapter then outlines the neo-liberal world view and its application in the form of the development recipe known as the Washington Consensus. Since the 1980s, the Western economic policy ‘establishment’ has espoused a doctrine of ‘best economic policy’ for the world which says, put too simply, that ‘more market and less state’ should be the direction of travel for developed and developing countries. This overarching neo-liberal ideology embraces globalization as a major component, relating to the nature of integration into the international economy. The chapter then looks at trends in world income distribution and poverty, bearing in mind the optimistic claims of the globalization argument.