Globalization, inequality and economic policy

• Authors: Broll Udo , Kemnitz Alexander , Mukherjee Vivekananda
• Languages of publication: EN

Abstracts

EN

In our paper a very simple model is used to analyze the relationship between trade globalization, inequality and economic policy. Although the local government exclusively maximizes the welfare of the marginalized (unemployed) people, the inequality of relative consumption between employed and unemployed will increase with intensified trade liberalization. In contrast to this result the relative income inequality may fall in certain situations.

Keywords

EN

globalization, inequality, marginalization, economic policy, public policy

• Publisher: Poznań University of Economics and Business Press
• Journal: Economics and Business Review
• Year: 2019
• Volume: 5 (19)
• Issue: 1
• Pages: 3-11

Dates

published

2019-03-22

Contributors

author

Broll Udo

• Department of Business and Economics, School of International Studies (ZIS), Technische Universität Dresden, 01062 Dresden, Germany

author

Kemnitz Alexander

• Department of Business and Economics, School of International Studies (ZIS), Technische Universität Dresden, 01062 Dresden, Germany

author

Mukherjee Vivekananda

• Department of Economics, Jadavpur University, Kolkata, India

References

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Identifiers

DOI

10.18559/ebr.2019.1.1