Globalization, Technology, and Income Inequality: A Critical Analysis

Inequality Growth and Poverty in an Era of Liberalization and Globalization

Volumn , Issue , 2004, Pages

  Singh, Ajit ^a,b   Dhumale, Rahul ^c  

^a UNIVERSITY OF CAMBRIDGE   (United Kingdom)

^b QUEENS COLLEGE   (United Kingdom)

^c DUKE UNIVERSITY   (United States)

Author keywords

Change; Deindustrialization; Developing countries; Developing economies; Economic policy; Europe; Financial liberalization; Globalization; Income distribution; Income inequality; Industrial countries; Industrial economies; Inequality; Labour market; Liberalization; Manufactured products; North South trade; Technology; Transatlantic consensus; Unemployment; US

Indexed keywords

EID: 26844480056     PISSN: None     EISSN: None     Source Type: Book    
DOI: 10.1093/0199271410.003.0006     Document Type: Chapter

References (68)

1. Atkinson, A. B. (2000). The changing distribution of income: Evidence and explanations. German Economic Review 1, 3-18.
2. Atkinson, A. B. and F. Bourguignon (2000). Handbook of Income Distribution . Elsevier: Amsterdam.
3. Autor, D., L. Katz, and A. Krueger (1998). Computing inequality: Have computers changed the labour market? Quarterly Journal of Economics 113, 1169-213.
4. Baldwin, R. (1992). Measurable dynamic gains from trade. Journal of Political Economy 100(1), 162-74.
5. Ben-David, D. (1993). Equalizing exchange: Trade liberalization and income convergence. Quarterly Journal of Economics 108, 653-79.
6. Ben-David, D. (1996). Trade and convergence among countries. Journal of International Economics 40, 279-89.
7. Bhagwati, J. (1994). Free trade: Old and new challenges. The Economic Journal 104(423), 231-46.
8. Birdsall, N. (2000). Inequality within nations is the danger. Letter to the Editor of the Financial Times , London, 16 February.
9. Burtless, G. (1995). International trade and the rise in earnings inequality. Journal of Economic Literature 33, 800-16.
10. Card, D. (1992). The effect of unions on the distribution of wages: Redistribution or Relabelling?. NBER Working Paper 4195, National Bureau of Economic Research: Cambridge, MA.
11. Davis, D. R. (1998a ). Does European unemployment prop US American wages? National labour markets and global trade. American Economic Review 88, 478-94.
12. Davis, D. R. (1998b ). Technology, unemployment and relative wages in a global economy. European Economic Review 42, 1613-33.
13. Demirguc-Kunt, A., and E. Detragiache (1998). The determinants of banking crises from industrial and developing countries. World Bank Policy Research Working Paper 1828. World Bank: Washington, DC.
14. Eichengreen, B. (1994). Institutions and economic growth: Europe after World War II. In N. Crafts and G. Toniolo (eds.), Economic Growth in Europe Since 1945 . Cambridge University Press: Cambridge.
15. Fehr, E., and S. Gächter (2000). Fairness and retaliation: The economics of reciprocity. Journal of Economic Perspectives Summer, 159-91.
16. Galbraith, J. K. (1998). Created Unequal: The Crisis in American Pay . The Free Press: New York.
17. Glyn, A., A. Hughes, A. Lipietz, and A. Singh (1990). The rise and fall of the Golden Age. In S. Marglin and J. Schor (eds.), The Golden Age of Capitalism: Reinterpretation of Postwar Experience . Clarendon Press: Oxford.
18. Gottschalk, P., and T. Smeeding (1997). Cross national comparisons of earnings and income inequality. Journal of Economic Literature 35(2), 633-87.
19. Harrison, A., and G. Hanson (1999). Who gains from trade reform? some remaining puzzles. Journal of Development Economics 59, 125-54.
20. Harrison, B., and B. Bluestone (1990). Wage polarization in the US and the flexibility debate. Cambridge Journal of Economics 14, 351-73.
21. Hicks, J. R. (1963). The Theory of Wages . Oxford University Press: Oxford.
22. Howes, C., and A. Singh (2000). Competitiveness Matters: Industry and Economic Performance in the US . University of Michigan Press: Ann Arbor.
23. IMF (1998). Capital account liberalization: Theoretical and practical aspects. IMF Occasional Paper 172. IMF: Washington, DC.
24. Kaldor, N. (1978). The effects of devaluation on trade in manufactures. In N. Kaldor (ed.), Further Essays on Applied Economics . Duckworth: London.
25. Katz, L. (1999). Technology, change, computerization and the wage structure. Paper prepared for the conference organized by the University of California on Understanding the Digital Economy: Data, Tools and Research, 25-26 May, Washington, DC.
26. Khan A. and C. Riskin (1999). Income distribution and poverty in China in the era of globalization (draft).
27. Kindelberger, C. P. (1992). Why did the Golden Age last so long?. In F. Cairncross and A. Cairncross (eds.), The Legacy of the Golden Age: The 1960s and Their Economic Consequences . Routledge: London.
28. Kitson, M., and J. Michie (1996). Britain's industrial performance since 1960: Underinvestment and relative decline. Economic Journal 106, 196-212.
29. Krugman, P. (2000). Technology, trade and factor prices. Journal of International Economics 50, 51-71.
30. Leamer, E. (1998). In search of Stolper-Samuelson linkages between international trade and lower wages. In S. Collins (ed.), Imports, Exports and the American Worker . Brookings Institutional Press: Washington, DC.
31. Leamer, E. (2000). What's the use of factor contents? Journal of International Economics 50(1), 17-51.
32. Leamer, E. and J. Levinson (1995). International trade theory: The evidence. In R. W. Jones and P. B. Kenen (eds.), Handbook of International Economics , Vol. 3., Elsevier: Amsterdam.
33. Lustig, N. (1998). From structuralism to neostructuralism: The search for a heterodox paradigm. In P. Meller (ed.), The Latin American Development Debate . West View: Boulder.
34. McFail, F. (2000). What caused earning inequality to increase in Canada during the 1980s? Cambridge Journal of Economics 24(2), 153-76.
35. Milberg, W. (1997). The revival of trade and growth theories: Implications for income inequality in developing countries . New School for Social Research: New York.
36. Murphy, K. M., W. C. Riddell, and P. M. Romer (1998). Wages, skills and technology in the United States and Canada. In E. Helpman (ed.), General Purpose Technologies . MIT Press: Cambridge, MA.
37. Ocampo, J., and L. Taylor (1998). Trade liberalization in developing economies: Modest benefits but problems with productivity growth, macro prices and income distribution. Economic Journal 108, 1523-46.
38. OECD (1995a ). Historical Statistics . OECD: Paris.
39. OECD (1995b ). The OECD Jobs Study: Implementing the Strategy . OECD: Paris.
40. OECD (1996). Employment Outlook . OECD: Paris.
41. Phelps Brown, E. H. (1977). The Inequality of Pay . Oxford University Press: Oxford.
42. Pieper, U. (1997). Openness and Structural Dynamics of Productivity and Employment in Developing Countries: A Case of Deindustrialization? New School for Social Research: New York.
43. Pigou, A. C. (1920). Economics of Welfare . Macmillan: London.
44. Robertson, R. (2000). Trade liberalization and wage inequality: Lessons from the Mexican experience. World Economy 23(6), 827-49.
45. Rodriguez, F., and D. Rodrik (1999). Trade policy and economic growth: A skeptic's guide to the cross-national evidence. NBER Working Paper 7081. National Bureau of Economic Research: Cambridge, MA.
46. Rowthorn, R., and R. Ramaswamy (1997). Deindustrialization: Its causes and consequences. Economic Issues 10. IMF: Washington, DC.
47. Sachs, J., and A. Warner (1995). Economic reforms and the process of global integration. Brookings Papers on Economic Activity 1, 1-118.
48. Singh, A. (1987). Manufacturing and deindustrialization. In The New Palgrave: A Dictionary of Economics . Macmillan: London.
49. Singh, A. (1989). Third world competition and deindustrialization in advanced countries. Cambridge Journal of Economics 13, 103-20.
50. Singh, A. (1995). Institutional requirements for full employment in advanced economies. International Labour Review 135(4-5).
51. Singh, A. (1997a ). Liberalization and globalization: An unhealthy euphoria. In J. Michie and J. Grieve Smith (eds.), Employment and Economic Performance . Oxford University Press: Oxford.
52. Singh, A. (1997b ). Financial liberalization, the stock market and economic development. Economic Journal 107, 771-82.
53. Singh, A. (1998). Financial crisis in East Asia: The end of the Asian Model? ILO Discussion Paper 24. ILO: Geneva.
54. Singh, A. (1999). Global unemployment, growth and labour market rigidities: A commentary. In Perspectives on Globalization and Employment . UNDP: New York.
55. Singh, A. (2001). Income inequality in advanced economies: A critical examination of the trade and technology theories and an alternative perspective. CBR Working Paper Series 219. Centre for Business Research, University of Cambridge.
56. Singh, A. and B. Weisse (1998). Emerging stock markets, portfolio capital flows and long-term economic growth: Micro and macroeconomic perspectives. World Development 26(4), 607-22.
57. Singh, A. and R. Dhumale (2000). Globalization, technology, and income inequality: A critical analysis. WIDER Working Paper 210. UNU/WIDER: Helsinki.
58. Singh, A. and A. Zammit, (2000). International capital flows: Identifying the gender dimension. World Development 28(7), 1249-68.
59. Slaughter, M. (1997). Per capita income convergence and the role of international trade. American Economic Review 87(2), 194-204.
60. Slaughter, M. and P. Swagel (1997). Does globalization lower wages and export jobs? IMF Economic Issues 11. IMF: Washington, DC.
61. Stiglitz, J. (1994). The role of the state in financial markets. In Proceedings of the World Bank Annual Conference on Development Economics . World Bank: Washington, DC.
62. UNCTAD (1995). Trade and Development Report . UNCTAD: Geneva.
63. Ventura, J. (1997). Growth and interdependence. Quarterly Journal of Economics 112(1), 57-84.
64. Wood, A. (1994). North-South Trade, Employment and Inequality: Changing Fortunes in a Skill-Driven World . Claredon Press: Oxford.
65. Wood, A. (1997). Openness and wage inequality in developing countries: The Latin American challenge to East Asia conventional wisdom. World Bank Economic Review 11(1), 33-57.
66. Wood, A. (1998). Globalization and the rise in labour market inequalities. The Economic Journal 108, 1463-82.
67. World Bank (1995). World Development Report . World Bank: Washington, DC.
68. World Bank (2000). World Development Report . World Bank: Washington, DC.