We examine the relationship between trade and financial globalization and the rise in inequality in most countries in … recent decades. We find technological progress as having a greater impact than globalization on inequality. The limited … in inequality, financial globalization-and foreign direct investment in particular-is associated with an increase. A key …

In this paper, we present empirical evidence that higher income inequality is associated with a greater equity share in … inequality. The small number of domestic nontraded-goods firms leaves room for foreign firms to operate on the domestic market …

There is world-wide convergence in life expectancy, despite little convergence in GDP per capita. If one values longer … life much more than material happiness, the world living standards may this have already converged substantially. This … life expectancy. A calibration study finds sizable welfare gains, but these gains hardly mitigate the large inequality …

). Among multilateral donors, the strongest effect is on World Bank disbursements, followed by the EU. Finally, we document …