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external trade and finance - including foreign direct investment, remittances, and aid - play a critical role. It is therefore …There are significant income and nonincome development gaps around the world. Closing these gaps will require not only … increasing and sustaining economic growth in low-income regions, but also policies that close nonincome development gaps directly …
Persistent link: https://www.econbiz.de/10008658813
systematically larger along the pre-Islamic trade routes in the Old World. The theory argues that this particular type of geography … economic performance. It suggests that the unequal distribution of land endowments conferred differential gains from trade … to institute a system of income redistribution. However, a higher propensity to save by the rich would exacerbate wealth …
Persistent link: https://www.econbiz.de/10008729038
trade openness and government expenditure did contribute to per capita income convergence in the EU during the period of our … Market to ensure freer trade and perhaps to create an egalitarian Europe. The post-1993 period saw the biggest enlargement of … had happened in the EU. Our study makes a humble attempt to shed light on the role of trade (both intra-EU and EU versus …
Persistent link: https://www.econbiz.de/10012485951
systematically larger along the pre-Islamic trade routes in the Old World. The theory argues that this particular type of geography … economic performance. It suggests that the unequal distribution of land endowments conferred differential gains from trade ….cial to institute a system of income redistribution. However, a higher propensity to save by the rich would exacerbate wealth …
Persistent link: https://www.econbiz.de/10011737871
The linkages between trade and resource mobilization are complex and not well defined in theory. To what extent does … trade policy affect resource mobilization and what are the mechanisms? We argue that trade policy is a key factor of … influencing the domestic fundamental balance between aggregate savings and investment. The main effect of trade policy on resource …
Persistent link: https://www.econbiz.de/10010211078
effects of globalization on economic growth and income inequality. The index comprises 25 indicators that represent the key …, it may worsen income inequality. High-income countries benefit most in that the positive effect of globalization on … economic growth is strongest among them than on other income groups, and they experience a less pronounced widening of income …
Persistent link: https://www.econbiz.de/10012835362
effects of globalization on economic growth and income inequality. The index comprises 25 indicators that represent the key …, it may worsen income inequality. Highincome countries benefit most in that the positive effect of globalization on … economic growth is strongest among them than on other income groups, and they experience a less pronounced widening of income …
Persistent link: https://www.econbiz.de/10012030661
This essay analyzes issues surrounding the impact of offshoring, an iconic manifestation of globalization in its present stage, on job creation and inequality on both sides of the geo-economic divide, focusing simultaneously on the US, the leading country involved in services offshoring, and on...
Persistent link: https://www.econbiz.de/10014050122
. Overall, the empirical findings do not indicate that international trade and capital mobility raise income differences in …The openness to international trade and capital movements of industrialized countries has increased substantially … during the recent decades. At the same time, most of these countries experienced a rise in income dispersion. Against this …
Persistent link: https://www.econbiz.de/10010354569
trade liberalization on wage inequality. In the context of a dynamic trade model with costly labour mobility (Lechthaler and … Mileva, 2013), we show that the effect of trade liberalization on wage inequality depends on i) the time horizon considered …, ii) the degree of worker mobility, and iii) the degree of trade liberalization (partial/full). In the short-run, observed …
Persistent link: https://www.econbiz.de/10010430074