Full text available in Adobe Acrobat format:http://www.ebr.edu.pl/volume19/issue1/2019_1_3.pdf
Volume 5 (19) Number 1 pp. 3-11
1Udo Broll, 1Alexander Kemnitz, 2Vivekananda Mukherjee
1Department of Business and Economics, School of International Studies (ZIS), Technische
Universität Dresden, Germany
2Department of Economics, Jadavpur University, Kolkata, India
2Department of Economics, Jadavpur University, Kolkata, India
Globalization, inequality and economic policy
Abstract:
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: globalization, inequality, marginalization, economic policy, public policy
DOI: 10.18559/ebr.2019.1.1
For citation:
| MLA | Broll, Udo, et al. "Globalization, inequality and economic policy." Economics and Business Review EBR 19.1 (2019): 3-11. DOI: 10.18559/ebr.2019.1.1 |
| APA | Broll, U., Kemnitz, A., & Mukherjee, V. (2019). Globalization, inequality and economic policy. Economics and Business Review EBR 19(1), 3-11 DOI: 10.18559/ebr.2019.1.1 |
| ISO 690 | BROLL, Udo, KEMNITZ, Alexander, MUKHERJEE, Vivekananda. Globalization, inequality and economic policy. Economics and Business Review EBR, 2019, 19.1: 3-11. DOI: 10.18559/ebr.2019.1.1 |