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

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Author Info
Joerg Baten ()

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Abstract

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.

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Publisher Info
Paper provided by CESifo Group Munich in its series CESifo Working Paper Series with number CESifo Working Paper No. 683.

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Date of creation: 2002
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Handle: RePEc:ces:ceswps:_683

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Related research
Keywords: inequality; globalization; anthropometrics;

Find related papers by JEL classification:
I12 - Health, Education, and Welfare - - Health - - - Health Production
I32 - Health, Education, and Welfare - - Welfare and Poverty - - - Measurement and Analysis of Poverty
N33 - Economic History - - Labor and Consumers, Demography, Education, Income, and Wealth - - - Europe: Pre-1913

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