EconPapers    
Economics at your fingertips  
 

A globalisation challenge: Preventing a clash between the middle classes of the developed and emerging economies

Andrés Ortega, Miguel Otero-Iglesias and Federico Steinberg

No 2017-106, Economics Discussion Papers from Kiel Institute for the World Economy (IfW)

Abstract: Tension is growing between the interests of the middle classes that are in decline in the mature economies and the rising ones in emerging markets. The aim of the public policies proposed in this paper is to impede such a clash by not threatening de-globalisation, avoiding protectionism, fostering inclusive technological innovation, compensating the losers of globalisation in developed economies and reassuring the winners in emerging economies. It argues that the G20 concept of "inclusive growth" must overcome the challenges that come with reduced inequalities between countries, growing inequality within countries and the disruptive impact that accompanies technological innovation.

Keywords: globalization; inequality; advanced countries; emerging countries; technology (search for similar items in EconPapers)
JEL-codes: F02 F6 F66 D63 J31 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://www.economics-ejournal.org/economics/discussionpapers/2017-106
https://www.econstor.eu/bitstream/10419/172008/1/1007508345.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifwedp:2017106

Access Statistics for this paper

More papers in Economics Discussion Papers from Kiel Institute for the World Economy (IfW) Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - German National Library of Economics ().

 
Page updated 2018-04-24
Handle: RePEc:zbw:ifwedp:2017106