IDEAS home Printed from https://ideas.repec.org/a/oup/wbecrv/v29y2015isuppl_1ps48-s52..html
   My bibliography  Save this article

Why Haven't Global Markets Reduced Inequality in Emerging Economies?

Author

Listed:
  • E. Maskin

Abstract

The theory of comparative advantage predicts that globalization should cause inequality in emerging economies to fall. However, this has not been true of the current globalization (even though the prediction held up well for previous such episodes). In this paper, I sketch an alternative theory—developed in collaboration with Michael Kremer—that seems to fit recent history well.

Suggested Citation

  • E. Maskin, 2015. "Why Haven't Global Markets Reduced Inequality in Emerging Economies?," The World Bank Economic Review, World Bank, vol. 29(suppl_1), pages 48-52.
    • Handle: RePEc:oup:wbecrv:v:29:y:2015:i:suppl_1:p:s48-s52.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1093/wber/lhv013
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Narula, Rajneesh & Van der Straaten, Khadija, 2019. "A comment on the multifaceted relationship between multinational enterprises and within-country inequality," MERIT Working Papers 2019-035, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    2. Zhang, Jingjing & Leoncini, Riccardo & Tsai, Yingyi, 2018. "Intellectual property rights protection, labour mobility and wage inequality," Economic Modelling, Elsevier, vol. 70(C), pages 239-244.
    3. Basu, Kaushik, 2016. "Globalization of labor markets and the growth prospects of nations," Journal of Policy Modeling, Elsevier, vol. 38(4), pages 656-669.
    4. Juzhong Zhuang, 2023. "Income and Wealth Inequality in Asia and the Pacific: Trends, Causes, and Policy Remedies," Asian Economic Policy Review, Japan Center for Economic Research, vol. 18(1), pages 15-41, January.
    5. Volkan Han & Oguz Ocal & Alper Aslan, 2023. "A revisit to the relationship between globalization and income inequality: are levels of development really paramount?," Quality & Quantity: International Journal of Methodology, Springer, vol. 57(1), pages 973-990, February.
    6. Vandeventer, James Scott & Cattaneo, Claudio & Zografos, Christos, 2019. "A Degrowth Transition: Pathways for the Degrowth Niche to Replace the Capitalist-Growth Regime," Ecological Economics, Elsevier, vol. 156(C), pages 272-286.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oup:wbecrv:v:29:y:2015:i:suppl_1:p:s48-s52.. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Oxford University Press (email available below). General contact details of provider: https://edirc.repec.org/data/wrldbus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.