Globalization and Inequality

Helpman, Elhanan

ISBN 10: 0674984609 / ISBN 13: 9780674984608

Published by Harvard University Press, 2018

Item in good condition. Textbooks may not include supplemental items i.e. CDs, access codes etc. Seller Inventory # 00100495469

Synopsis:

One of the world’s leading experts on international trade explains that we must look beyond globalization to explain rising inequality.

Globalization is not the primary cause of rising inequality. This may come as a surprise. Inequality within nations has risen steadily in recent decades, at a time when countries around the world have eased restrictions on the movement of goods, capital, and labor. Many assume a causal relationship, which has motivated opposition to policies that promote freer trade. Elhanan Helpman shows, however, in this timely study that this assumption about the effects of globalization is more myth than fact.

Globalization and Inequality guides us through two decades of research about the connections among international trade, offshoring, and changes in income, and shows that the overwhelming conclusion of contemporary research is that globalization is responsible for only a small rise in inequality. The chief causes remain difficult to pin down, though technological developments favoring highly skilled workers and changes in corporate and public policies are leading suspects. As Helpman makes clear, this does not mean that globalization creates no problems. Critics may be right to raise concerns about such matters as cultural autonomy, child labor, and domestic sovereignty. But if we wish to curb inequality while protecting what is best about an interconnected world, we must start with a clear view of what globalization does and does not do and look elsewhere to understand our troubling and growing divide.

About the Author: Elhanan Helpman is the Galen L. Stone Professor of International Trade at Harvard University.

Bibliographic Details

Title: Globalization and Inequality
Publisher: Harvard University Press
Publication Date: 2018
Binding: Hardcover
Condition: Good