To analyse the globalization-inequality relationship, we extend the North-South HOS model by assuming (i) that the size … three phases of globalization, corresponding to different production patterns and to specific changes in inequality in the … decreases during the first phase of globalization, and inequality diverges across countries. In the South, very different …

Inequality-Globalization nexus. It is shown that by modifying this model and relaxing some of its most restrictive assumptions … suitable modelling of the Inequality-Globalization nexus …