The plummeting cost of international business travel and communication has enabled highly-skilled workers resident in developed countries to become increasingly involved in production in developing countries, where they can co-operate with less-skilled workers whose wages are lower than those of...

The falling cost of international business travel and communication motivates highly-skilled workers who live in developed countries to spend more of their time co-operating with less-skilled workers in developing countries. This tends to narrow the gap between developed and developing countries...

The theoretical insights of Heckscher and Ohlin, Feenstra and Hanson, and Tang and Wood between them provide a plausible explanation of the varied effects of globalisation on wage inequalities in developed and developing countries. In combination, these three theories can explain, among other...