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From Center for Global Development
The World is not Flat: Inequality and Injustice in our Global Economy
By Nancy Birdsall - 10/31/2005
WIDER logoIn the 2005 WIDER Annual Lecture, “The World is not Flat: Inequality and Injustice in our Global Economy” (PDF), CGD President Nancy Birdsall addresses the challenge that global inequality poses for managing globalization so that it works for the developing world. She first argues that inequality matters to people. Moreover, in developing countries, where markets and politics are far-from-perfect, inequality can be destructive, reducing prospects for growth, poverty reduction, and good government. She then turns to a fundamental problem of globalization--that it is asymmetric, i.e. that it benefits the rich more than the poor, both within and across countries. Birdsall argues that the world is not flat as argued by New York Times columnist Thomas Friedman. Rather, what appears to be a level playing field to people on the surface is actually a field full of craters in which poor people and poor countries are stuck. Birdsall discusses the implications of these craters for shared prosperity, global security, and global social justice. She concludes by suggesting steps for addressing the core problem: We have a global economy but no effective global polity.

In the accompanying article Rising Inequality in the New Global Economy (PDF) Nancy Birdsall argues that globalization is disequalizing, rewarding the already rich while leaving the poor behind, and that we need a global polity to address the asymmetric impacts of globalization.

Download slides from the lecture "Why Inequality Matters in a Globalizing World" (PDF, 580KB) delivered October 26, 2005 at the World Institute for Development Economic Research (WIDER) in Helsinki, Finland

The lecture draws upon the following previously released CGD publications:

Related Publications
--- Commodity Dependence, Trade, and Growth: When "Openness" is Not Enough - Working Paper 7
--- Economic Policy and Wage Differentials in Latin America - Working Paper 29
--- Give Us Your Best and Brightest: The Global Hunt for Talent and Its Impact on the Developing World
--- Stormy Days on an Open Field: Asymmetries in the Global Economy - Working Paper 81
Research Topics:
--- Globalization
--- Migration and Population
--- Poverty and Inequality
Related themes:
- Aid
- Bureaucracy
- Debt
- Decentralization
- Development
- Development Economics
- The future of development economics
- Economic Policies
- The New Economy in development
- Employment/Unemployment
- Foreign Direct Investment
- Gender
- Globalization
- Governance/Institutions
- Human Rights
- Human Development
- Hunger
- Inequality/social exclusion
- Spatial inequality in Asia
- Informal sector
- Labour Market
- Microfinance
- Migration
- Poverty
- Privatization
- Sustainable Development
- The state, civil society, and development
- The developmental state
- The neoliberal state
- Transnational Corporations
- Urbanization