Looking at globalisation and its impact on the world's distribution of income, it is argued that, while in individual countries it may raise inequality, the overall impact of transferring incomes from richer countries to poorer ones means that for the world as a whole, the process actually reduces inequality. Paradoxically, globalisation can reduce global inequality through the transfer of income from rich to poor countries, and inequality may rise as richer members of societies cope better with the massive change.

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