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Globalization And Inequality

✍ Scribed by Elhanan Helpman


Publisher
Harvard University Press
Year
2018
Tongue
English
Leaves
228
Edition
1st Edition
Category
Library

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✦ Synopsis


One of the world’s leading experts on international trade explains that we must look beyond globalization to explain rising inequality. Globalization is not the primary cause of rising inequality. This may come as a surprise. Inequality within nations has risen steadily in recent decades, at a time when countries around the world have eased restrictions on the movement of goods, capital, and labor. Many assume a causal relationship, which has motivated opposition to policies that promote freer trade. Elhanan Helpman shows, however, in this timely study that this assumption about the effects of globalization is more myth than fact. Globalization and Inequality guides us through two decades of research about the connections among international trade, offshoring, and changes in income, and shows that the overwhelming conclusion of contemporary research is that globalization is responsible for only a small rise in inequality. The chief causes remain difficult to pin down, though technological developments favoring highly skilled workers and changes in corporate and public policies are leading suspects. As Helpman makes clear, this does not mean that globalization creates no problems. Critics may be right to raise concerns about such matters as cultural autonomy, child labor, and domestic sovereignty. But if we wish to curb inequality while protecting what is best about an interconnected world, we must start with a clear view of what globalization does and does not do and look elsewhere to understand our troubling and growing divide.

✦ Table of Contents


Cover......Page 0
Title Page......Page 4
Copyright......Page 5
Dedication......Page 6
Contents......Page 8
Preface......Page 10
Introduction......Page 16
1. Historical Background......Page 24
Part I. The Traditional Approach......Page 36
2. The Rise of the College Wage Premium......Page 38
3. Early Studies......Page 46
4. Trade versus Technology......Page 54
5. Offshoring......Page 70
Part II. Broadening the Canvas......Page 82
6. Matching Workers with Jobs......Page 84
7. Regional Disparity......Page 106
8. Firm Characteristics......Page 130
9. Technology Choice......Page 148
10. Residual Inequality......Page 162
Conclusion......Page 176
Notes......Page 192
References......Page 206
Index......Page 220

✦ Subjects


Income Distribution, Globalization: Economic Aspects, Technological Innovations: Economic Aspects


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