Can Globalisation Depress Living Standards in the West?

This article argues that unguarded optimism among liberal economists in the West as to the social and economic consequences of globalisation is misguided. Increased and freer international trade may depress living standards in the West as firms move production to those countries where factors of production (including labour) are cheaper and immigrants from poorer countries depress wages in wealthier nations

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Year of publication:	2005
Authors:	Mishan, Ezra J.
Publisher:	[S.l.] : SSRN
Subject:	Globalisierung \| Globalization \| Lebensstandard \| Standard of living \| Westliche Staaten \| Western countries \| Konjunktur \| Business cycle

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Extent:	1 Online-Ressource (4 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Economic Affairs, Vol. 25, No. 3, pp. 66-69, September 2005
Source:	ECONIS - Online Catalogue of the ZBW

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