Global Economic Change and Inequality

Abstract

In recent decades, processes of post industrialization, economic restructuring, and globalization have been transforming the landscape of social and economic inequalities in general (Wade, 2003), and in urban settings in particular (Baum, 1997; Fainstein, 1990; Sassen, 1990, 1991, 1998; Waldinger, 1996). The role of cities as strategic sites in the globalization process and as arenas of economic transformation is central in the literature of globalization and economic restructuring (Fainstein, 2001; Sassen, 1988, 1998). Globalization, poverty and inequality are all so omnipresent and often ambiguous that they need to be defined.