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The share of low-income countries in global exports nearly tripled between 1990 and 2015, driven largely by the rapid emergence of China as an exporting powerhouse. While research in economics had long acknowledged that trade with lower-income countries could raise income inequality in Europe...
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We estimate how trade openness affects the relationship between wages, labour productivity and foreign wages using sector-level time series for several EU member states. In some countries wages became less responsive to foreign wages as trade costs declined. We show this counter-intuitive result...
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to make Europe the leading knowledge-based economy in the world with a "Latin American perspective". A realistic and … performance" of the world economy by multivariate, quantitative means, looking into the possible contradictions that might exists …
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. Countries with national wage coordination can thus stabilize overall employment against fluctuations and shocks in the world …
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There were large regional differentials in the Brexit vote. Most notably, the percentage voting to leave the EU ranged from 38% in Scotland and 40% in London to 59% in the East and West Midlands. Turnout also varied across Britain, from a low of 67% in Scotland to 77% in the South East and South...
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