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financial integration of the world economy …
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recent eras of globalization. This paper reviews the evidence on the determinants of the disparities in per capita incomes …, but globalization may have an impact on their development. Globalization also has direct effects on economic activity … which affects the incidence of poverty, although all the channels of transmission are not fully understood. Globalization …
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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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