How Does Globalization Affect Regional Inequality within a Developing Country? Evidence from China
Xiaobo Zhang, Kevin Honglin Zhang
Abstract
Xiaobo Zhang, Kevin Honglin Zhang
Abstract
Globalization has integrated the product and financial markets of economies around the world through the driving forces of trade and capital flows across borders. One of the main debates on globalization is the effect of growing economic integration on income distribution. The antiglobalization movement argues that globalization is widening the gap between the haves and the have-nots (Mazur 2000). The pro-globalization position claims that the current wave of globalization since the 1980s has actually promoted economic equality and reduced poverty (Dollar and Kraay 2002). These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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Globalization has integrated the product and financial markets of economies around the world through the driving forces of trade and capital flows across borders. One of the main debates on globalization is the effect of growing economic integration on income distribution. The antiglobalization movement argues that globalization is widening the gap between the haves and the have-nots (Mazur 2000). The pro-globalization position claims that the current wave of globalization since the 1980s has actually promoted economic equality and reduced poverty (Dollar and Kraay 2002). These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
Key concepts: Globalization, Poverty, Liberian dollar, Development economics, China, Position (finance), Economics, Inequality