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In this paper we argue that the decline in global inequality over the last decades has spurred a 'sunshine' narrative of falling global inequality that has been rather oversold, in the sense, we argue, it is likely to be temporary. We argue the decline in global inequality will reverse due to...
Persistent link: https://www.econbiz.de/10013170291
superior ability in serving the differentiated and high-quality markets of the developed world …
Persistent link: https://www.econbiz.de/10012776137
, primarily during the 2000s, when the global Gini coefficient dropped nearly 10 points and the earnings share of the world …
Persistent link: https://www.econbiz.de/10012956018
for global inequality. We develop and parameterize a two-sector, two-class, world economy model that endogenizes education … in the world distribution of skills, slow-growing urbanization in developing countries and a rebound in income inequality …
Persistent link: https://www.econbiz.de/10012910758
globalization – ‘the rich get richer, and the poor get poorer'. How relevant is this perception? In my opinion, the question can be … properly answered only after:1) a careful overview of the dynamics of poverty at the global level, and 2) objective analyses of … carried out in this paper, and its results suggest that associating globalization only with growing inequality is an …
Persistent link: https://www.econbiz.de/10012853398
This paper is the first to decompose absolute global income inequality into its within-country class and between country-location components. The estimates show that until 1970 locational income differences were the main driver of absolute global inequality, whereas its recent growth can be...
Persistent link: https://www.econbiz.de/10013025513
We study economic globalization as a multidimensional process and investigate its effect on incomes. In a panel of 147 … countries during 1970-2014, we apply a new instrumental variable, exploiting globalization's geographically diffusive character …, and find differential gains from globalization both across and within countries: Income gains are substantial for …
Persistent link: https://www.econbiz.de/10012922630
The interest in the level of global inequality has surged in recent years. This paper complements existing estimates of global inequality by providing the first estimates of the level of bipolarization of the global income distribution. During 1975–2010, global bipolarization declined...
Persistent link: https://www.econbiz.de/10012929507
.S. metropolitan areas, this paper examinesthe apparatus of a global city in response to globalization, particularly since such … essential components of the paradoxical triangle in the ongoing struggleof global cities to sustain their world-city status. In …
Persistent link: https://www.econbiz.de/10013238271
In this paper we argue that the decline in global inequality over the last decades has spurred a 'sunshine' narrative of falling global inequality that has been rather oversold, in the sense, we argue, it is likely to be temporary. We argue the decline in global inequality will reverse due to...
Persistent link: https://www.econbiz.de/10012887946