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Globalization, Technology, and Income Inequality: A Critical Analysis

Author

Listed:
  • Singh, A.
  • Dhumale, R.

Abstract

Much of the vast literature on changes in income distribution in advanced countries during the last two decades attributes these either to globalization, or to skill-biased technology, or to a combination of the two. A transatlantic concensus has emerged to suggest that thes two factors have led to reduced relative demand for unskilled labour and to an increase in that for skilled workers. The paper challenge this transatlantic consensus both on analytical and empirical grounds.

Suggested Citation

  • Singh, A. & Dhumale, R., 2000. "Globalization, Technology, and Income Inequality: A Critical Analysis," Research Paper 210, World Institute for Development Economics Research.
    • Handle: RePEc:fth:wodeec:210
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    Citations

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    Cited by:

    1. Branko Milanovic & Lyn Squire, 2007. "Does Tariff Liberalization Increase Wage Inequality? Some Empirical Evidence," NBER Chapters, in: Globalization and Poverty, pages 143-182, National Bureau of Economic Research, Inc.
    2. Bernhard G. GUNTER & Rolph HOEVEN, 2004. "The social dimension of globalization: A review of the literature," International Labour Review, International Labour Organization, vol. 143(1-2), pages 7-43, March.
    3. Ajit Singh & Ann Zammit, 2019. "Globalisation, labour standards and economic development," Chapters, in: Jonathan Michie (ed.), The Handbook of Globalisation, Third Edition, chapter 12, pages 202-224, Edward Elgar Publishing.
    4. Singh, Ajit & Singh, Alaka & Wiess, Bruce, 2000. "Information Technology, Venture Capital and the Stock Market," Accounting and Finance Discussion Papers 00-af47, Faculty of Economics, University of Cambridge.
    5. Charles Amo Yartey, 2006. "Financial Development, the Structure of Capital Markets, and the Global Digital Divide," IMF Working Papers 2006/258, International Monetary Fund.
    6. repec:ilo:ilowps:371237 is not listed on IDEAS
    7. Rhys Jenkins, 2006. "Contrasting perspectives on globalization and labour in South Africa," Progress in Development Studies, , vol. 6(3), pages 185-200, July.
    8. Carole Ibrahim, 2022. "Globalization and income inequality in developing countries: a GMM approach," SN Business & Economics, Springer, vol. 2(8), pages 1-14, August.
    9. David Smerdon & Theo Offerman & Uri Gneezy, 2016. "Everybody's doing it: On the Emergence and Persistence of Bad Social Norms," Tinbergen Institute Discussion Papers 16-023/I, Tinbergen Institute.

    More about this item

    Keywords

    INCOME DISTRIBUTION ; GLOBALIZATION ; TECHNOLOGY;
    All these keywords.

    JEL classification:

    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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