IDEAS home Printed from https://ideas.repec.org/p/ags/uqseet/90511.html
   My bibliography  Save this paper

Reconciling Globalisation and Technological Change: Growing Income Inequalities and Remedial Policies

Author

Listed:
  • Svizzero, Serge
  • Tisdell, Clement A.

Abstract

Since the mid-1970s wage inequality and skills differentials have increased sharply in OECD countries, and the following have been singled out by economists as possible major contributors: (a)economic globalisation processes; (b)skill-biased technological change; and (c) public policy or institutional change. Although these factors are most commonly considered as independent influences, we argue after critically outlining views about the two first mentioned factors, that strong interdependence exists between these influences. The article then examines potential policy responses to this growing inequality. Protectionism, increased provision of education and skill-enhancement, greater compensation via social services for the disadvantaged and negative income-tax systems are examined as possibilities. These policies are all found to have limited ability to address the problem. Ability to implement several of these policies may be severely restricted by international fiscal competitiveness. Furthermore, greater provision of educational services may add to the skill-based type of income inequality currently of concern.

Suggested Citation

  • Svizzero, Serge & Tisdell, Clement A., 2001. "Reconciling Globalisation and Technological Change: Growing Income Inequalities and Remedial Policies," Economic Theory, Applications and Issues Working Papers 90511, University of Queensland, School of Economics.
  • Handle: RePEc:ags:uqseet:90511
    DOI: 10.22004/ag.econ.90511
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/90511/files/WP%2010.PDF
    Download Restriction: no

    File URL: https://libkey.io/10.22004/ag.econ.90511?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:uqseet:90511. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/decuqau.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.