Sunday , December 5 2021
Home / Amol Agrawal: Mostly Economics / Does trade lead to inequality? A primer

Does trade lead to inequality? A primer

Summary:
Dani Rodrik in the new NBER paper reviews research on the evergreen topic of whether international trade leads to inequality or not: In the public imagination globalization’s adverse effects have loomed large, contributing significantly to the backlash against the political mainstream and the rise of far-right populism. The literature on trade and inequality is in fact exceptionally rich, with important theoretical insights as well as extensive empirical findings that sheds light on this recent experience. Some of the key results of this literature, discussed here, are as follows: Redistribution is the flip side of the gains from trade, and it becomes larger relative to net gains from trade in the advanced stages of globalization. Compensation is difficult for both economic and

Topics:
Amol Agrawal considers the following as important: , , ,

This could be interesting, too:

Amol Agrawal writes Quantitative easing and corporate innovation

Amol Agrawal writes 175th anniversary of the Banco de Portugal

Amol Agrawal writes Cryptocurrency Bill: What happens when RBI issues a digital currency?

Amol Agrawal writes Central Banks/financial regulators to validate AI/ML software used in finance?

Dani Rodrik in the new NBER paper reviews research on the evergreen topic of whether international trade leads to inequality or not:

Amol Agrawal
I am currently pursuing my PhD in economics. I have work-ex of nearly 10 years with most of those years spent figuring economic research in Mumbai’s financial sector.

Leave a Reply

Your email address will not be published. Required fields are marked *