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Open Access Journal Article

Globalization and Income Distribution

by Daniel Jackson 1,*
1
Daniel Jackson
*
Author to whom correspondence should be addressed.
EFRL  2022 4(1):28; https://doi.org/10.69610/j.efrl.20220412
Received: 25 February 2022 / Accepted: 24 March 2022 / Published Online: 12 April 2022
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Abstract

The paper explores the complex interplay between globalization and income distribution, examining how the expansion of international trade and investment affects the distribution of wealth across different socio-economic strata. It argues that while globalization has the potential to enhance economic growth and improve living standards, it often exacerbates income inequality. The analysis delves into the mechanisms through which globalization influences income distribution, including the competitive pressures on labor markets, the role of multinational corporations, and the impact of technological advancements. The paper further investigates the varying outcomes of globalization in different regions and countries, highlighting the need for policymakers to implement strategies that mitigate the adverse effects on marginalized populations and promote inclusive growth.

Keywords: Globalization; Income Inequality; Economic Growth; Labor Markets; Policy Interventions.;
Copyright: © 2022 by Jackson. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY) (Creative Commons Attribution 4.0 International License). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
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APA Style
Jackson, D. (2022). Globalization and Income Distribution. Economics and Finance Research Letters, 4(1), 28. doi:10.69610/j.efrl.20220412
ACS Style
Jackson, D. Globalization and Income Distribution. Economics and Finance Research Letters, 2022, 4, 28. doi:10.69610/j.efrl.20220412
AMA Style
Jackson D. Globalization and Income Distribution. Economics and Finance Research Letters; 2022, 4(1):28. doi:10.69610/j.efrl.20220412
Chicago/Turabian Style
Jackson, Daniel 2022. "Globalization and Income Distribution" Economics and Finance Research Letters 4, no.1:28. doi:10.69610/j.efrl.20220412

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ACS Style
Jackson, D. Globalization and Income Distribution. Economics and Finance Research Letters, 2022, 4, 28. doi:10.69610/j.efrl.20220412
AMA Style
Jackson D. Globalization and Income Distribution. Economics and Finance Research Letters; 2022, 4(1):28. doi:10.69610/j.efrl.20220412
Chicago/Turabian Style
Jackson, Daniel 2022. "Globalization and Income Distribution" Economics and Finance Research Letters 4, no.1:28. doi:10.69610/j.efrl.20220412
APA style
Jackson, D. (2022). Globalization and Income Distribution. Economics and Finance Research Letters, 4(1), 28. doi:10.69610/j.efrl.20220412

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