Policy Brief Number 13
Make Globalization More Inclusive or Suffer the Consequences
Author: Danny Leipziger
Our aim in this policy brief is to examine what went wrong, what was swept under the rug, and where governments have failed in dealing with globalization. We believe that inclusive economic growth is currently at risk in many countries. Why is this a problem? First, it encourages a backlash against globalization that can in fact make most people worse off. Second, it can inhibit the positive contributions of what is being dubbed the Fourth Industrial Revolution – that is, gains in technology which have the potential for enhancing global welfare. And third, a failure to deal with worsening inequality threatens to undermine the socio-political fabric of countries, affecting the governability of nations.
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