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Jul 17, 2020 · The theoretical predictions regarding the effect of financial globalisation on income inequality are therefore not clear-cut; however, the standard view has mostly emphasised the potential of financial openness for a reduction in inequality: by routinely referring to the prediction that increased financial openness will support economic development and lift incomes of poorer households ...
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tions regarding the effect of financial globalisation on...
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between trade liberalization and inequality (including research focused on economic growth, environmental change, and human vulnerability). For example, Leichenko and O’Brien (2008) have exposed patterns of advantage and harm in agricultural communities in India in the face of twinned processes of market liberalization and climate change.
Jul 23, 2021 · A range of policy measures can be used to reduce income inequality. Dabla-Norris et al. (Citation 2015) state that the labour market, redistribution, and education policies can reduce inequality if used properly. Labour market policies such as minimum wages, unionization, and/or social security system reduce income inequality and improve the ...
- Josip Tica, Tomislav Globan, Vladimir Arčabić
- 2021
Apr 22, 2024 · In subsequent analyses, while Zhou et al. (Citation 2011) find evidence that globalization had a significant effect in reducing income inequality, Warner et al. (Citation 2014) conclude that globalization does not contribute to inequality when measured in purchasing power parity. The evidence on the impact of other dimensions of economic and political freedoms than trade freedom is also ...
Jul 29, 2022 · The role of globalization, one of the leading forces driving this trend, continues to be intensely debated in academic and policy circles. Invoking standard trade theory, this paper analyses whether and the extent to which trade liberalization has contributed to the recent trends in inequality.
Apr 1, 2023 · The study provides useful guidelines to policy makers and governments to make effective policies in relation to globalization and income inequality that lead toward economic growth and reducing ...
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The number of extremely poor people (those living on less than $1 a day) in the world has declined significantly—by 375 million people—for the first time in history, though the number living on less than $2 a day has increased. Global inequality has declined modestly, reversing a 200-year trend toward higher inequality.