Report
Globalisation and poverty transfer from emerging countries to OECD countries
The opening-up of trade between OECD and emerging countries has led to an increase in low-skilled employment in emerging countries and to a decrease in low-skilled employment in OECD countries. This has reduced poverty in emerging countries and driven up poverty in OECD countries. This development raises several questions: Has poverty declined in all emerging countries? Has the decline in poverty been absolute or relative (to living standards in OECD countries)? Has inequality also declined in emerging countries? Is it acceptable for OECD countries? Are they able to offset the effects with redistributive policies (since globalisation increases high- skilled incomes in OECD countries at the same time)?
Provider
Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.
Patrick Artus
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