The Distribution of Gains from Globalization

Lang, Valentin; Tavares, Marina Mendes

doi:10.5089/9781484347065.001

Cited by 68 publications

(61 citation statements)

References 81 publications

(49 reference statements)

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“…While definitive empirical verification of the trade-off hypothesis is not possible at this stage of research, we cannot exclude its existence based on, amongst others, results of the IMF (2007) and Lang and Mendes Tavares (2018). In particular, the role of financial globalization and the actual room for national income redistribution should be further examined.…”

Section: Resultsmentioning

confidence: 88%

“…4.9). • Change in national inequality trends in the aftermath of the 2007-2009 global financial crisis (stabilization or even decrease of Gini coefficient in several countries) may indirectly support the IMF (2007), Jaumotte et al (2008) and Lang and Mendes Tavares (2018) findings on the positive impact of financial globalization on income polarization. • The high share of top corporate managers, financial market specialists and other highly skilled professionals in the top 1% income earner group in both the US (Economist, 2012) and several European countries (Denk, 2017) seems to confirm the hypothesis on the impact of globalization on job polarization in AEs as a result of new international division of labor (see above).…”

Section: Interrelation Between Global and National Income Inequality mentioning

confidence: 90%

“…• however, there is no evidence of absolute income losses in any income decile and, in EMDEs, all income deciles record gains although disproportionate in favor of top deciles; that is, globalization has a powerful anti-poverty impact; • increase in FDI is significantly associated with rising national inequality but there is no such evidence for trade flows; • national policies, in particular, progressive taxation, social transfers and education, can mitigate adverse distributional effects of globalization. Attempts to go beyond findings of both studies (IMF, 2007;Lang and Mendes Tavares, 2018) require the reliance on fragmental and rather indirect evidence and arguments:…”

Section: Interrelation Between Global and National Income Inequality mentioning

confidence: 99%

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Examining interrelation between global and national income inequalities

Dąbrowski¹

2018

RUJEC

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The last decade brought increasing attention to income and wealth inequalities in advanced economies because of their increase in several countries and negative social and political implications. However, this debate is often limited to the single-country perspective, disregarding decreasing global income inequalities, i.e. inequalities between individuals in the entire world. This paper focuses mainly on the g lobal dimension of the inequality trends but also tries to update statistics on national inequality trends which, contrary to the dominant narrative, seem to go in various directions depending on a concrete country. Finally, an attempt is made to analyze the potential interrelation and trade-off between decreasing global inequalities and increasing national inequalities and the role of globalization, in its various forms, in such a trade-off.

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Section: Resultsmentioning

confidence: 88%

Section: Interrelation Between Global and National Income Inequality mentioning

confidence: 90%

Section: Interrelation Between Global and National Income Inequality mentioning

confidence: 99%

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Examining interrelation between global and national income inequalities

Dąbrowski¹

2018

RUJEC

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“…Empirical investigations of inequality in the context of migration show a positive association between the origin-country Gini coefficient and emigration. This means that countries with higher income inequality are likely to generate a larger share of international migrants (Adams -Page 2003).However, in the current context it is also worth mentioning that the positive association between globalization and inequality appears to get smaller the more countries spend on education (Lang -Mendes Tavares 2018).…”

Section: The Role Of Human Capital In International Income Differencesmentioning

confidence: 86%

Economic Links between Education and Migration: An Overview

Handler

2018

SSRN Journal

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(English)Among the many factors governing migration, education plays a major role, though more in the long run than for short-term floods particularly of irregular migration. Concerning the long run effects, the direction of causation and the slope of the connection are debated in theory. Education not only determines the mobility of people, it also is positively correlated with rising incomes. Empirical evidence shows that for people in developing countries, who are at the low end of the income distribution, more education and rising income levels are push factors for emigration. However, beyond a certain threshold further rising incomes tend to retard migration. As a result, education exhibits an inverted-U shaped relationship with migration. Another remarkable fact is that, on average, people who migrate are better educated than non-migrants back home as well as indigenous people in the host country. Abstract (deutsch)Unter den vielen Faktoren, die auf die Migration wirken, spielt die Bildung eine wichtige Rolle, wenn auch eher langfristig als für kurzfristig ausgelöste Wanderungsschübe, insbesondere bei irregulärer Migration. Der langfristige Zusammenhang ist aber theoretisch weder hinsichtlich der Kausalitätsrichtung noch auch der Neigung eindeutig. Ein Mehr an Bildung erhöht nicht nur die Mobilität der Bevölkerung, es lässt auch höhere Einkommen erwarten. Empirische Untersuchungen an Personen in Entwicklungsländern, die sich am unteren Ende der Einkommensverteilung befinden, zeigen, dass Bildung und Einkommen als Push-Faktoren auf die Emigration wirken. Wird jedoch eine bestimmte Einkommensschwelle überschritten, hemmen noch mehr Einkommen die Emigration, woraus sich ein Gesamtzusammenhang in Form eines umgedrehten U ergibt. Bemerkenswert ist ferner, dass Migranten im Durchschnitt nicht nur besser ausgebildet sind als ihre zurückbleibenden Landsleute, sondern auch im Vergleich zur angestammten Bevölkerung im Zielland.

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“…For the longer term, a good system of education and training is especially important to strengthen the skills needed for the adoption and development of the technological innovations required in an economy increasingly based on knowledge. Improving the design and quality of education policies is also important, as it ensures broad distribution of the benefits drawn from increased integration in value chains and forestalls the widening inequalities often linked to the globalisation process (Lang and Mendez Tavares, 2018). With its relatively low wage costs and evenly educated labour force, Slovakia has turned itself into an attractive market for foreign investors.…”

Section: Improving the Skills Of The Work Forcementioning

confidence: 99%