The term globalisation has gained widespread popularity; yet most treatments are either descriptive and/or focused on changes in economic interconnectivity. This book brings together leading international experts from a range of disciplines to develop a long-term analysis to address the problems...

The effects of trade among similar countries and that among dissimilar countries on the relative wage are examined. Product quality is a choice variable by firms. Quantity production is assumed to satisfy constant costs, while quality production is more skilled-labor intensive than quantity...