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The Fear of Competitive Pressure of Globalization and Outsourcing

Zhihao Yu ()

No 06-09, Carleton Economic Papers from Carleton University, Department of Economics

Abstract: Why does the current wave of globalization create more public concern/opposition than previous rounds of trade liberalization? This paper identifies a key difference between globalization and trade liberalization that could be responsible for it. It is shown that while both globalization and trade liberalization create inter-sector income distribution, the former also creates intrasector.

Keywords: income; distribution; and; intra-sector; uncertainty.; These; new; features; of; globalization; imply; lower; public; support. (search for similar items in EconPapers)
JEL-codes: D72 F13 (search for similar items in EconPapers)
Pages: 16 pages
Date: 2006, Revised 2011-07
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Published: Revised version: Understanding the Fear of Globalisation, The World Economy, Vol. 34, No. 7 (July 2011), pp. 1168–1180

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Persistent link: https://EconPapers.repec.org/RePEc:car:carecp:06-09

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