Did Partial Globalization Increase Inequality? Did Inequality Stimulate Globalization Backlash? The case of the Latin American Periphery, 1950-80

Arbeitspapier

Inequality is an important threat to the globalization of the world economy that we experience today. This contribution uses a new measure of inequality: heigth inequality. It covers not only wage recipients, but also the self-employed, the unemployed, housewifes, children, and other groups who may not be participating in a market economy, for the 1950-80 period. It turns out that within-country inequality is higher in time periods of greater openness.We also find that inequality leads to a globalization backlash . The closing of commodity and capital markets did always take place during - or 5-10 years after - inequality peaks.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: CESifo Working Paper ; No. 683

Classification and Topics

• Classification: Wirtschaft
• Subject: inequality ; globalization ; anthropometrics ; globalisation

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Baten, Jörg
• Event: Veröffentlichung
• (who): Center for Economic Studies and ifo Institute (CESifo)
• (where): Munich
• (when): 2002

Further information

• Handle: http://hdl.handle.net/10419/75988
• Last update: 10.03.2025, 11:43 AM CET