Chapter 8 Inclusive Globalization: An Investigative Analysis

Globalization has promoted the growth of the global economy and has greatly enhanced the liquidity of capital; the more efficient combination of capital and labor has increased labor productivity in developing countries. The rise of developing countries has also had a serious impact on the middle and lower classes of Western developed countries, exacerbating the problem of inequality within them. As long as globalization can make the world economy more prosperous, people may be able to solve the distribution problem by promoting inclusive growth, of which the key points are platform construction, open development, and preactive transformation.