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GLOBALIZAITON AND INEQUALITY: IS THERE A CAUSAL LINK? I38050 YIN Chao Ran.

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Presentation on theme: "GLOBALIZAITON AND INEQUALITY: IS THERE A CAUSAL LINK? I38050 YIN Chao Ran."— Presentation transcript:

1 GLOBALIZAITON AND INEQUALITY: IS THERE A CAUSAL LINK? I38050 YIN Chao Ran

2  Does globalization cause inequality across countries?  Does globalization cause inequality within a country? Two Questions

3 across countries

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8  Globalization contributed to narrowing the gap ( new management practices, technological know-how, and access to the world market-----boosting productivity)  Traditional standard of distinguishing North- South does not apply (rapid growth of emerging markets----China, India, Brazil)

9 within a country

10 Within a country  Widening gap in both advanced countries and emerging markets  different driving factors

11 within a country

12  Two relevant factors: skill premium, technology progress Skill premium: technology biased Technology progress: requires high skill

13 within a country  How globalization affects inequality? FDI Technology progress Demand for high skill workers Widened gap

14 within a country  What to do ? Education: Increase skills Enable workers to match their skills

15 Background within a country  Conclusion Effects of globalization: in conjunction with other factors---technology and skills Investigation of Micro-level necessary

16 Thank You


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