Bericht

Globalization, earnings and consumer prices: Taking stock of the benefits from global economic integration

Globalization has been accused of "stealing jobs" and depressing wages in the developed part of the world. China's entry into the world economy, in particular, has sparked fears about a "middle-class squeeze". These fears resemble the anxiety in previous eras over the rise of new emerging markets. As recent as twenty years ago, Japanese firms were by some considered to be far too competitive for American or European firms to survive. Now, as then, most of these fears are based on erroneous facts and wild exaggerations. In this new Policy Brief, Fredrik Erixon analyses data on wages, prices and income to estimate the benefits from globalization. He finds a strong link between disinflation and rising real income.

Sprache
Englisch

Erschienen in
Series: ECIPE Policy Brief ; No. 5/2008

Klassifikation
Wirtschaft
Thema
Globalisierung
Verteilungswirkung

Ereignis
Geistige Schöpfung
(wer)
Erixon, Fredrik
Ereignis
Veröffentlichung
(wer)
European Centre for International Political Economy (ECIPE)
(wo)
Brussels
(wann)
2008

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Bericht

Beteiligte

  • Erixon, Fredrik
  • European Centre for International Political Economy (ECIPE)

Entstanden

  • 2008

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