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Globalisation and older people : effects of markets and migration

Wilson, Gail (2002) Globalisation and older people : effects of markets and migration. Ageing and Society, 22 (5). 647 -663. ISSN 1469-1779

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Abstract

This paper is a preliminary discussion of the material aspects of globalisation in terms of the effects on older men and women of movements of trade, capital and people round the world. While some elders have benefited, most notably where pensions and health care are well developed, the majority of older men and women are among the poor who have lost out the world over. Free trade, economic restructuring, the globalisation of finance and the upsurge in migration have all tended to affect elders badly in most parts of the world. These developments have been overseen or even dictated by intergovernmental organisations (IGOs) such as the International Monetary Foundation (IMF), the World Bank and World Trade Organization (WTO) while other IGOs with less power have been limited to anti ageist exhortation. Globalisation transfers resources from the poor to the rich within countries and between them. It therefore increases social problems but at the same time diminishes the capacity of countries to make social policy. However the effects of globalisation, particularly financial globalisation, on national capacity for making social policy can be exaggerated. It is possible for political will to combat international economic orthodoxy, but such cases are the exceptions rather than the rule.

Item Type: Article
Official URL: http://titles.cambridge.org/journals/journal_catal...
Additional Information: Published 2002 © Cambridge University Press. LSE has developed LSE Research Online so that users may access research output of the School. Copyright © and Moral Rights for the papers on this site are retained by the individual authors and/or other copyright owners. Users may download and/or print one copy of any article(s) in LSE Research Online to facilitate their private study or for non-commercial research. You may not engage in further distribution of the material or use it for any profit-making activities or any commercial gain. You may freely distribute the URL (http://eprints.lse.ac.uk) of the LSE Research Online website.
Library of Congress subject classification: H Social Sciences > HN Social history and conditions. Social problems. Social reform
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 10 Jul 2006
URL: http://eprints.lse.ac.uk/307/

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