Brookings Trade Forum, 2004: Globalization, Poverty, And Inequality

Brookings Trade2004Forum Globalization, Poverty, and Inequality Susan M. Collins and Carol Graham editors brookings institution press Washington, D.C. Copyright © 2004 THE BROOKINGS INSTITUTION 1775 Massachusetts Avenue, N.W., Washington, D.C. 20036 ISSN 1520-5479 ISBN 0-8157-1286-3 Ordering Information Standing order plans, subscriptions, and individual copies are available by calling the Brookings Institution Press at 800/275-1447 or 202/797-6258 or by e-mailing [email protected] Send subscriptions orders to Brookings Institution, Department 037, 1775 Massachusetts Avenue, N.W., Washington, DC 20042-0037. Visit Brookings online at www.brookings.edu. Brookings periodicals are available online through Online Computer Library Center (contact the OCLC subscriptions department at 800/848-5878, ext. 6251) and Project Muse (http://muse.jhu.edu). Authorization to photocopy items for internal or personal use or the internal or personal use of specific clients is granted by the Brookings Institution for libraries and other users registered with the Copyright Clearance Center Transactional Reporting Service, provided that the basic fee is paid to the Copyright Clearance Center, 222 Rosewood Drive, Danvers, MA 01923. For more information, please contact CCC at 508/750-8400. This authorization does not extend to other kinds of copying, such as copying for general distribution, or for creating new collective works, or for sale. Specific written permission for such copying must be obtained from the Permissions Department, Brookings Institution Press, 1775 Massachusetts Avenue, N.W., Washington, DC 20036, fax 202/797-6195. Brookings Trade2004Forum Editors’ Summary ix Globalization and Inequality martin ravallion Competing Concepts of Inequality in the Globalization Debate 1 Comments by Erik Thorbecke and Lant Pritchett 24 Discussion 32 william easterly Channels from Globalization to Inequality: Productivity World versus Factor World 39 Comments by John Williamson and Abhijit Banerjee 72 Discussion 77 angus deaton Health in an Age of Globalization 83 Comments by William Jack and Gary Burtless 111 Discussion 123 Broader Indicators of Well-Being carol graham Assessing the Impact of Globalization on Poverty and Inequality: A New Lens on an Old Puzzle 131 nicholas sambanis Poverty and the Organization of Political Violence: A Review and Some Conjectures Comments by Michael Kremer and Catherine Pattillo 212 Discussion 220 165 Impact of Globalization pinelopi goldberg and nina pavcnik Trade, Inequality, and Poverty: What Do We Know? 223 pranab bardhan The Impact of Globalization on the Poor 271 Comments by Ann Harrison and Branko Milanovic 285 Panel: Looking Forward nancy birdsall Why Global Inequality Matters 297 kenneth rogoff Some Spe