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来源类型 | CEPS Policy Briefs |
规范类型 | 简报 |
Don't blame globalisation for the squeezing of the middle class | |
Angel Ubide | |
发表日期 | 2007-02-02 |
出版年 | 2007 |
语种 | 英语 |
摘要 | Globalisation is being blamed for the squeezing of the middle class and protectionism is being offered as a solution. This paper by Angel Ubide, Director of Global Economics at the Tudor Investment Corporation and an Associate CEPS Fellow, argues that the increase in inequality is a long-term trend resulting from a variety of factors, including the decline in manufacturing, the reduction in the progressivity of taxation and the steady increase in asset prices, and that globalisation has only had a marginal impact. Protectionism will not revert any of these trends. We discuss some policy options aimed at cushioning this increase in inequality and argue that they will likely result in expanding fiscal deficits and pressure on central banks to test the limits of growth. |
主题 | Economy and Finance |
URL | https://www.ceps.eu/publications/dont-blame-globalisation-squeezing-middle-class |
来源智库 | Centre for European Policy Studies (Belgium) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/62203 |
推荐引用方式 GB/T 7714 | Angel Ubide. Don't blame globalisation for the squeezing of the middle class. 2007. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
1432.pdf(82KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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