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We survey the recent literature studying the effects of globalization on inequality in Latin America. Our focus is on … dimensions of inequality, and developing new methodologies to capture the many facets of globalization's relationship to … that focus on distinct aspects of globalization's relationship to inequality …
Persistent link: https://www.econbiz.de/10014322846
Proponents of globalization often conclude that its critics are ignorant or self-motivated. In doing so, they have … missed a valuable opportunity to discover both how best to communicate the benefits of globalization, and how to improve on … the current model of globalization. This paper examines the values, beliefs and facts that lead critics to the view that …
Persistent link: https://www.econbiz.de/10012467621
This paper studies the welfare implications of trade opening in a world in which trade raises aggregate income but also …
Persistent link: https://www.econbiz.de/10012456004
Does globalization widen inequality or increase income risk? In the specific factors continuum model of this paper …, globalization widens inequality, amplifying the positive (negative) premia for export (import- competing) sectors. Globalization …
Persistent link: https://www.econbiz.de/10012464006
The model predicts a near doubling of the ratio of high- to low-skilled wages over the century. Increasing wage inequality arises from a traditional source -- a rising worldwide relative supply of unskilled labor, reflecting Chinese and Indian productivity improvements. But China's and India's...
Persistent link: https://www.econbiz.de/10012464120
The world has seen two globalization booms over the past two centuries, and one bust. The first global century ended … globalization on commodity price structure, the causes of protection, the impact of world migration on poverty eradication, and the … with World War I and the second started at the end of World War II, while the years in between were ones of anti …
Persistent link: https://www.econbiz.de/10012469549
the (less rich) Old World more equal. The evidence on the links between within-country inequality and globalization in the … the links between them. In doing so, it distinguishes between (a) the different dimensions of globalization; and (b …) between-country and within-country inequality. Theory suggests that globalization will have very different implications for …
Persistent link: https://www.econbiz.de/10012470385
argues that the likely impact of globalization on world inequality has been very different from what these simple …The world economy has become more unequal over the last two centuries. Since within- country inequality exhibits no … ubiquitous trend, it follows that virtually all of the observed rise in world income inequality has been driven by widening gaps …
Persistent link: https://www.econbiz.de/10012470496
cohort size effect; the so-called Kuznets Curve or demand effects; and the commitment to globalization or policy effects. We …
Persistent link: https://www.econbiz.de/10012471565
inescapable in the real world of asymmetric information and imperfect contract enforcement. I argue, however, that in confronting …
Persistent link: https://www.econbiz.de/10012472249