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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 inequality in several developing countries during the 1980s and 1990s …
Persistent link: https://www.econbiz.de/10012465771
Over the last few years, colonialism, especially as pursued by Europeans, has enjoyed a revival in interest among both scholars and the general public. Although a number of new accounts cast colonial empires in a more favorable light than has generally been customary, others contend that...
Persistent link: https://www.econbiz.de/10012467630
The spectacular growth of the software industry in some non-G7 economies has aroused both interest and concern. This paper addresses two sets of inter-related issues. First, we explore the determinants of these successful stories. We then touch upon the broader question of what lessons, if any,...
Persistent link: https://www.econbiz.de/10012468155
, globalization has been good for growth in poor countries at least by diminishing price volatility. But comparative advantage has … never been constant. Globalization increased poor country specialization in commodities when the world went open after the …
Persistent link: https://www.econbiz.de/10012463899
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
Proponents of globalization often conclude that its critics are ignorant or self-motivated. In doing so, they have … missed a valuable opportunity to discover both how best to communicate the benefits of globalization, and how to improve on … the current model of globalization. This paper examines the values, beliefs and facts that lead critics to the view that …
Persistent link: https://www.econbiz.de/10012467621
's decade of globalization in the 1990's. I focus the analysis on men born in states with either high-exposure or low …-exposure to globalization, as measured by the share of foreign direct investment, imports, or export assembly in state GDP …
Persistent link: https://www.econbiz.de/10012467660
globalization? Why was industrialization so weak? Why was inequality on the rise? This paper offers an answer to these questions. It … massive de-globalization during the decades of lost growth' between the 1820s and the 1870s. Next, it documents what happened … World War I, while it fell thereafter. The correlation between globalization and inequality is likely to have been causal …
Persistent link: https://www.econbiz.de/10012469011
increases income inequality, and in which redistribution needs to occur via a distortionary income tax-transfer system. We … redistribution). We propose two adjustments to standard measures of the welfare gains from trade: a 'welfarist' correction inspired … by the Atkinson (1970) index of inequality, and a 'costly-redistribution' correction capturing the efficiency costs …
Persistent link: https://www.econbiz.de/10012456004
general results are then used to generate new insights about the consequences of globalization …
Persistent link: https://www.econbiz.de/10012463975