01876cas a2200265 a 4500 AALejournalIMF005242 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451870435 1018-5941 BD-DhAAL BD-DhAAL Papageorgiou, Chris. Rising Income Inequality : Technology, or Trade and Financial Globalization? / Chris Papageorgiou, Subir Lall, Florence Jaumotte. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (36 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students We examine the relationship between trade and financial globalization and the rise in inequality in most countries in recent decades. We find technological progress as having a greater impact than globalization on inequality. The limited overall impact of globalization reflects two offsetting tendencies: whereas trade globalization is associated with a reduction in inequality, financial globalization-and foreign direct investment in particular-is associated with an increase. A key finding is that both globalization and technological changes increase the returns on human capital, underscoring the importance of education and training in both developed and developing countries in addressing rising inequality. Mode of access: Internet Jaumotte, Florence. Lall, Subir. IMF Working Papers; Working Paper ; No. 2008/185 Full text available on IMF http://elibrary.imf.org/view/journals/001/2008/185/001.2008.issue-185-en.xml IMF e-Library