Abstract
Social cohesion is not only desired for societal and political constancy but a prerequisite for sustainable economic growth and development as well. There are several
factors which can mark social solidity. Current study employs the Least Squares
Dummy Variables (LSDV) technique to discover the effect of globalization, diversity
and income inequality on social cohesion. The analysis is conducted for several
developed and developing economies, using panel data from 1990 to 2010. The results
demonstrate that globalization has a substantial negative impact on social cohesion.
Both diversity and Inclusiveness boost social cohesion however diversity is relatively
more important in developed countries. Income inequality is also found to be
detrimental for social cohesion particularly in developing countries where certain
segment of population is already living below subsistence level.
Keywords: social cohesion, globalization, inequality, diversity, JEL classification: F6,
D63, D7
Kalsoom Zulfiqar, Muhammad Nadeem. (2018) An Empirical Analysis of Globalization, Diversity and Social Cohesion, Journal of Political Studies, Volume 25, Issue 1.
-
Views
575 -
Downloads
32
