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Has globalization further increased inequality or reduced it?

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Globalisation has the potential to contribute to greater gender equality. However, in the absence of public policy, globalisation alone cannot end gender inequality. Despite significant increases in agency and in access to economic opportunities for many women in many countries, large gender gaps remain in some areas.

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Increased specialisation and trade are two ways that globalisation might exacerbate inequality. A rise in trade-to-GDP ratios indicates that trade volume and value between countries and regions has increased.
Globalisation is a major source of economic disparity inside countries, but it does so mostly through financial channels rather than trade. In many developed and developing countries, income inequality has been rising since the 1980s. Globalisation is frequently held up as a key factor in explaining rising inequality.

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Globalization can reduce inequality due to the transfer of income from rich to poor countries, weather it was temporary or universal. however, it can also increase inequality as increasing trade and specialization causes the trade to GDP ratios to increase in the volume and value of trade between countries and regions.

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Globalization can decrease racial inequality. This is because people from all over the world, some that may not be familiar with certain races, have become more familiar and more accepting of people with different backgrounds and those who look different than them. Globalization, whether it be through media or travel, has exposed most people to different races and ethnicities, and has made the world a more accepting and interconnected place.

Racism can come from a lack of knowledge, so the more people learn and relate to others from all backgrounds, the more understanding, accepting, and equal a community becomes.

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globalization has both further increased and decreased equality. an example of increase would be through the further development of better education. And an example of reduced equality would be in the classes especially when it comes to jobs and their pay which varies based on country the same job could have different pay as well as status in society.

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globalization has both further increased and decreased equality. an example of increase would be through the further development of better education. And an example of reduced equality would be in the classes especially when it comes to jobs and their pay which varies based on country the same job could have different pay as well as status in society.

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A common narrative frames globalization as the cause of inequality: by shifting low-skilled jobs from wealthier countries to poorer countries, economic integration has increased inequality within countries while lowering inequality between them. ... Yet, globalization is only one factor in this unequal distribution.

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Globalization has had a significant impact on racial inequality; African Americans make up 13.4% of the US population.   They have been able to achieve significant achievements in American culture over the course of several decades, specifically since the Civil Rights Acts of 1964 and 1968. According to the Economic Policy Institute, educational achievement has improved dramatically, with more than 90 percent of African Americans aged 25–29 having completed high school.

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Increased trade and globalization are two ways that globalization might exacerbate inequality. A rise in trade-to-GDP ratios indicate that trade volume and value between countries and regions has increased. Average incomes are under pressure, and inequality is on the rise. Today, globalization-related inequality is commonly considered to indicate two types, one 'less bad' than the other. According to the theory, globalization increases the wages of a portion of the workforce, but does not do so for other groups, increasing the wage gap.

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Globalization increased inequality moderately whereas trade globalisation has a minor influence on inequality, financial globalisation has a far greater and more significant impact. As Martain Ravallion said, "There’s a certain amount of disconnect present between the ways policymakers and civil society think about inequality and the way economists think about inequality."

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Globalization can increase wage inequality in a relatively rich country by increasing the imports of manufactured goods using predominantly low-skilled labor from developing countries. Conversely, it opens more opportunities for exports in high-tech firms that use more high-skilled labor. These two forces can widen the wage gap between high-skilled and low-skilled workers.