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Tension is growing between the interests of part of the middle classes that are in decline in the mature economies and the rising ones in emerging markets. The aim of the public policies proposed in this paper is to impede such a clash by avoiding protectionism and de-globalisation, fostering...
Persistent link: https://www.econbiz.de/10011843058
Tension is growing between the interests of the middle classes that are in decline in the mature economies and the rising ones in emerging markets. The aim of the public policies proposed in this paper is to impede such a clash by not threatening de-globalisation, avoiding protectionism,...
Persistent link: https://www.econbiz.de/10011758320
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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 …
Persistent link: https://www.econbiz.de/10014039846
The causes of income inequality have long been researched. However, even today, this area remains largely ambiguous and subject to controversy. As such, it becomes extremely important to address such differences. The current study is aimed at identifying the impact of one of the hypothesised...
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