ISBN:
1451870434
,
9781451870435
Language:
English
Pages:
Online-Ressource (36 p)
Series Statement:
IMF Working Papers Working Paper No. 08/185
DDC:
303.482
Keywords:
Electronic books
Abstract:
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
Note:
Includes bibliographical references
URL:
http://elibrary.imf.org/view/IMF001/09462-9781451870435/09462-9781451870435/09462-9781451870435.xml
URL:
Inhaltsbeschreibung der Sammlung und Zugangshinweise
URL:
Volltext
(IMF e-Library)
URL:
Volltext
(IMF e-Library)
URL:
Volltext
(IMF Book Store)
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