OECD Development Centre Working Papers

The OECD Development Centre links OECD members with developing and emerging economies and fosters debate and discussion to seek creative policy solutions to emerging global issues and development challenges. This series of working papers is intended to disseminate the OECD Development Centre’s research findings rapidly among specialists in the field concerned. These papers are generally available in the original English or French, with a summary in the other language.

English, French

The Social Impact of Globalisation in Southeast Asia

Developing economies have to balance globalisation’s benefits and costs. Increased competition can lead to better distribution and productivity but benefits are not shared equally because some sectors or regions grow faster than others. In Southeast Asia, rapid economic growth has reduced inequality and poverty, but these trends have now gone into reverse. How can we ensure globalisation does minimal social damage? It is not clear how globalisation affects growth, equity and poverty, but growth affects equity and vice-versa. What is needed to reduce poverty and inequality are sound macroeconomic conditions, good governance, investment in rural areas to narrow the urban-rural growth gap, flexible labour markets, stronger institutions for provision of social services and greater access to education. More democracy will increase pressure for such measures as part of general investment in physical infrastructure, human resources and the environment ...


This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error