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Persistent link: https://www.econbiz.de/10011880252
Tension is growing between the interests of the middle classes that are in decline in the mature economies and the rising ones in emerging markets. The aim of the public policies proposed in this paper is to impede such a clash by not threatening de-globalisation, avoiding protectionism,...
Persistent link: https://www.econbiz.de/10011758320
Tension is growing between the interests of part of the middle classes that are in decline in the mature economies and the rising ones in emerging markets. The aim of the public policies proposed in this paper is to impede such a clash by avoiding protectionism and de-globalisation, fostering...
Persistent link: https://www.econbiz.de/10011843058
Persistent link: https://www.econbiz.de/10012176188
constructing a novel database covering approximately the 80% of the global output and the 60% of the world population, two major … findings stand out. First, the world underwent a spectacular process of capitalization. The share of world individuals with … composition of capital and labor income is, therefore, more equal today than it was twenty years ago, and the world is moving …
Persistent link: https://www.econbiz.de/10012591267
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The United States lost one third of its factory jobs in the past decade as jobs were outsourced offshore, mostly to Asia. Jobs that require a college degree are next to go. China will award six times as many degrees this year as they did ten years ago and any job that can be digitized will be...
Persistent link: https://www.econbiz.de/10012106371
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This book questions whether it is possible for globalization to be reversed and constructs a model for anticipating this potential development in future years. The first part focuses on the preliminary problems of globalization, constructing a model (or index) of its various phases of evolution....
Persistent link: https://www.econbiz.de/10012398082
This paper studies the effects of globalisation on the income share of the middle class. Our findings suggest that globalisation, proxied by the KOF Economic Globalisation Index, reduces the income share of the middle class. The income share of the poorest 20% also drops due to globalisation,...
Persistent link: https://www.econbiz.de/10012130087