publication . Research . 2017

International trade and inequality

Urata, Sh¯ujir¯o; Narjoko, Dionisius A.;
Open Access English
  • Published: 01 Jan 2017
  • Publisher: Tokyo: Asian Development Bank Institute (ADBI)
The impact of globalization on equality has become a serious concern for many countries. More evidence that challenges the theoretical prediction of positive impact of international trade on income distribution has increasingly become available recently. This paper addresses this subject, surveying the empirical findings on the impact of international trade on inequalities from various perspectives. The survey reveals that an increase in trade openness by developing countries appears to have contributed to narrowing the development gap vis-à-vis developed countries, while its impacts on income gap between developing countries are not clear. The impacts of increa...
free text keywords: F14, F63, O15, Economics, Industry and trade, ddc:330
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