The Fear of Competitive Pressure of Globalization and Outsourcing

Why does the current wave of globalization create more public concern/opposition than previous rounds of trade liberalization? This paper identifies a key difference between globalization and trade liberalization that could be responsible for it. It is shown that while both globalization and trade liberalization create inter-sector income distribution, the former also creates intrasector.

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Year of publication:	2006
Authors:	Yu, Zhihao
Institutions:	Carleton University, Department of Economics
Keywords:	income distribution and intra-sector uncertainty. These new features of globalization imply lower public support

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Series:	Carleton Economic Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Published: Revised version: Understanding the Fear of Globalisation, The World Economy, Vol. 34, No. 7 (July 2011), pp. 1168–1180 Number 06-09 16 pages
Classification:	F13 - Commercial Policy; Protection; Promotion; Trade Negotiations ; D72 - Economic Models of Political Processes: Rent-Seeking, Elections, Legistures, and Voting Behavior
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005627061