Best Seller Rising Income Inequality: Technology, or Trade and Financial Globalization? (EPub)
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Rising Income Inequality: Technology, or Trade and Financial Globalization? (EPub)
By:Chris Papageorgiou,Mr. Subir Lall,Ms. Florence Jaumotte
Published on 2008-07-01 by International Monetary Fund
We examine the relationship between trade and financial globalization and the rise in inequality in most countries in recent decades. We find technological progress as having a greater impact than globalization on inequality. The limited overall impact of globalization reflects two offsetting tendencies: whereas trade globalization is associated with a reduction in inequality, financial globalization-and foreign direct investment in particular-is associated with an increase. A key finding is that both globalization and technological changes increase the returns on human capital, underscoring the importance of education and training in both developed and developing countries in addressing rising inequality.
This Book was ranked at 10 by Google Books for keyword Distributional effects.
Book ID of Rising Income Inequality: Technology, or Trade and Financial Globalization? (EPub)'s Books is fJivMI1BA1kC, Book which was written byChris Papageorgiou,Mr. Subir Lall,Ms. Florence Jaumottehave ETAG "Y5OqqgDFOjo"
Book which was published by International Monetary Fund since 2008-07-01 have ISBNs, ISBN 13 Code is 9781451989304 and ISBN 10 Code is 145198930X
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