Economic globalization is said to promote peace and prosperity while reducing poverty and deter conflicts. Liberal scholars argue that economic globalization is more important than good governance/democracy for deterring conflict, and that the pacifying effects of economic globalization are universal. Dependency theorists on the other hand, argue that economic globalization is only beneficial for the core countries of the world while the periphery countries are being exploited of resources in exchange for instability and inequality. However, if economic globalization is more important than good governance and democracy, why then are there many developing countries with high levels of economic globalization and poverty and conflict? This study set out to examine the relationship between economic globalization and social conflicts in developing countries and found that the likelihood of social conflict increases with higher levels of economic globalization in developing countries.