This paper looks at the implications of the liberalization process for the magnitude and nature of inequality in India and its possible ramifications for social harmony. Our discussion implies that the increase in household based rural and urban inequality for monthly consumption expenditure at...

This paper examines the impact of trade on the income distribution between skilled and unskilled labour in countries characterized by an abundance of labour. Models of trade suggested by Hecksher and Ohlin and Stiglitz are unsuitable for this purpose because of the assumption of fixed labour...