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What is old and what is new about the current wave
what have been the effects?
The effects of globalization on world poverty and inequality
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absolute poverty activities agricultural anti-globalization benefits capital flows capital market CEPR changes civil society competition policy convergence cooperation corporate governance costs cross-border decades developing countries distribution of income domestic policies economic growth effects of globalization environmental Europe European European Commission evidence example exports FDl flows financial crises financial integration firms fixed exchange rates foreign direct investment human capital immigration impact important incentives income distribution increase industrial countries innovation institutions intellectual property issues labour standards late nineteenth century less lndeed lndia lnequality lnternational manufacturing merger migration mobility multinational negotiations OECD OECD countries openness outsourcing overall political poor countries population production rates recent reduce regions relative response result rich countries Section sectors share skilled and unskilled skilled labour social capital tariffs Tobin tax trade liberalization transactions undermine United Kingdom unskilled labour Williamson World Bank world economy world inequality