Showing 1 - 10 of 11
This paper explores the implications for less developed countries the hypothesis that workers' productivity depends on the wages they receive. In particular, we show that this hypothesis may explain the high urban wages and unemployment found in many such countries. The market equilibrium is...
Persistent link: https://www.econbiz.de/10012477096
Progress in artificial intelligence and related forms of automation technologies threatens to reverse the gains that developing countries and emerging markets have experienced from integrating into the world economy over the past half century, aggravating poverty and inequality. The new...
Persistent link: https://www.econbiz.de/10012482670
We discuss recent empirical research on how globalization has affected income inequality in developing countries. We begin with a discussion of conceptual issues regarding the measurement of globalization and inequality. Next, we present empirical evidence on the evolution of globalization and...
Persistent link: https://www.econbiz.de/10012465771
We review the empirical evidence on the relationship between Trade Liberalization, Inequality, and Poverty based on the … analysis of micro data from several developing countries that underwent significant trade reforms in recent years. Despite many … studies' has established certain patterns that seem common across countries and trade liberalization episodes, and may hence …
Persistent link: https://www.econbiz.de/10012468100
We explore the relationship between greater exposure to trade (as measured by openness) and child labor in a cross … countries that trade more have less child labor. At the cross-country means, the data suggest an openness elasticity of child …. When we control for the endogeneity of trade and for cross-country income differences, the openness elasticity of child …
Persistent link: https://www.econbiz.de/10012468377
Although many developing countries have experienced growing income inequality and an increase in the relative demand for skilled workers during the 1980s, the sources of this trend remain a puzzle. This paper examines whether investment and adoption of skill-biased technology have contributed to...
Persistent link: https://www.econbiz.de/10012470897
Ideological debates on the role of government in development have focused on two contrasting prescriptions: one calling …
Persistent link: https://www.econbiz.de/10012475342
This paper explores the causes and consequences of the more important market failures which impede the development of …
Persistent link: https://www.econbiz.de/10012476087
also discusses perceptions about international trade in over 40 countries at different levels of development, including …This paper assesses the current state of evidence on how international trade shapes inequality and poverty through its … perceptions on trade's overall benefits for the economy, trade's effect on the livelihood of workers through wages and jobs, and …
Persistent link: https://www.econbiz.de/10012453835
This paper analyzes the role of real exchange rate (RER) policies in promoting economic development. Markets provide a … may correct for this externality and other related market failures. The resulting development of these sectors leads to … competitive RER are interventions in the foreign exchange market and regulation of capital flows. We also discuss the trade …
Persistent link: https://www.econbiz.de/10012453844