The Distribution of Gains from Globalization

The Distribution of Gains from Globalization
Author :
Publisher : International Monetary Fund
Total Pages : 66
Release :
ISBN-10 : 9781484347065
ISBN-13 : 1484347064
Rating : 4/5 (65 Downloads)

Book Synopsis The Distribution of Gains from Globalization by : Valentin F. Lang

Download or read book The Distribution of Gains from Globalization written by Valentin F. Lang and published by International Monetary Fund. This book was released on 2018-03-13 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 countries at early and medium stages of the globalization process, but the marginal returns diminish as globalization rises, eventually becoming insignificant. Within countries, these gains are concentrated at the top of national income distributions, resulting in rising inequality. We find that domestic policies can mitigate the adverse distributional effects of globalization.


The Distribution of Gains from Globalization Related Books

The Distribution of Gains from Globalization
Language: en
Pages: 66
Authors: Valentin F. Lang
Categories: Business & Economics
Type: BOOK - Published: 2018-03-13 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

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 ne
Globalization and Poverty
Language: en
Pages: 674
Authors: Ann Harrison
Categories: Business & Economics
Type: BOOK - Published: 2007-11-01 - Publisher: University of Chicago Press

DOWNLOAD EBOOK

Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is b
Straight Talk on Trade
Language: en
Pages: 330
Authors: Dani Rodrik
Categories: Business & Economics
Type: BOOK - Published: 2019-08-27 - Publisher: Princeton University Press

DOWNLOAD EBOOK

Deftly navigating the tensions among globalization, national sovereignty, and democracy, Straight Talk on Trade presents an indispensable commentary on today's
The Aggregate and Distributional Effects of Financial Globalization: Evidence from Macro and Sectoral Data
Language: en
Pages: 61
Authors: Davide Furceri
Categories: Business & Economics
Type: BOOK - Published: 2018-04-06 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

We take a fresh look at the aggregate and distributional effects of policies to liberalize international capital flows—financial globalization. Both country-
Rising Income Inequality
Language: en
Pages: 42
Authors: Chris Papageorgiou
Categories: Business & Economics
Type: BOOK - Published: 2008-07 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

We examine the relationship between trade and financial globalization and the rise in inequality in most countries in recent decades. We find technological prog