Technology versus Trade versus Social Institutions: Explaining Rising Wage Inequality in the Chilean Cosmetics Industry

Janine Berg

Chapter 4 in Labor and the Globalization of Production, 2004, pp 88-103 from Palgrave Macmillan

Abstract: Abstract One of the arguably more disappointing outcomes of globalization has been the rise in wage inequality in developing countries. With few exceptions, mainly in East Asia, wage inequality has increased under trade and financial liberalization. In Latin America, including Chile, this outcome has been particularly acute.

Keywords: Foreign Direct Investment; Free Trade; Skilled Worker; Domestic Firm; Wage Inequality (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-52396-8_4

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DOI: 10.1057/9780230523968_4

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