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developing world. While fewer people are poor by the global absolute standard, more are poor by the country-specific relative … standard. The vast bulk of poverty, both absolute and relative, is now found in the developing world …
Persistent link: https://www.econbiz.de/10012480155
This essay surveys the evidence on the linkages between globalization and poverty. I focus on two measures of globalization: trade and international capital flows. Past researchers have argued that global economic integration should help the poor since poor countries have a comparative advantage...
Persistent link: https://www.econbiz.de/10012466318
This paper estimates the effect of trade policy during the Great Liberalization of the 1990s on innovation in over 60 countries using international firm-level patent data. The empirical strategy exploits ex-ante differences in firms' exposure to countries and industries, allowing us to construct...
Persistent link: https://www.econbiz.de/10012456033
the world than many developing countries. A noteworthy feature of this theory is that financial and property rights …
Persistent link: https://www.econbiz.de/10012465505
financial world is not flat because poor governance prevents firms from being widely held and from taking full advantage of …
Persistent link: https://www.econbiz.de/10012466759
Over the past two decades, the percentage of the world's population living on less than a dollar a day has been cut in …
Persistent link: https://www.econbiz.de/10012673744
Persistent link: https://www.econbiz.de/10003377127
An important aspect of the globalization process is the increase in interdependence among countries through the deepening of trade linkages. This process should increase competition in each destination market and change the pricing behavior of firms. We present an extension of Dornbusch (1987)'s...
Persistent link: https://www.econbiz.de/10012462810
This paper takes a novel approach to trying to disentangle the impact of globalization on wages by focusing on changes in the return to speaking English, the international language of commerce, in South Africa as that country re-integrated with the global economy after 1993. The paper finds that...
Persistent link: https://www.econbiz.de/10012467702
We identify "first generation" statistics to measure offshoring as the share of imported intermediate inputs in costs, along with O*NET data to measure the tradability of tasks. These data were used to measure the shifts in relative labor demand and relative wages due to offshoring. A limitation...
Persistent link: https://www.econbiz.de/10012455613