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The impact of globalisation
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The impact of globalisation
Winners and losers in the EU and the USA : in-depth analysis
Publication metadata
Does globalisation level up living standards or increase inequality? Economists have long been debating the role free trade plays in creating winners and losers. By opening up markets, globalisation reduces the number of monopolies, while consumers benefit from the resulting increase in competition. But globalisation also leads to losses, or at least smaller net gains, for some and it can also
increase economic inequality. Once a purely economic and social issue, the question of who wins and who loses in globalisation has become a topic for heated political debate in Europe and the USA.
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Related publications
Published:
2016-07-07
Corporate author(s):
Directorate-General for Parliamentary Research Services
(
European Parliament
)
Personal author(s):
Lecerf, Marie
Themes:
Activities of the institutions and bodies
,
Labour market — Free movement of workers
Subject:
competition
,
economic consequence
,
Europe
,
free-trade agreement
,
globalisation
,
living conditions
,
market
,
social impact
,
social inequality
,
United States
PDF
ISSN
ISBN
978-92-823-9483-0
DOI
10.2861/63670
Catalogue number
QA-04-16-522-EN-N
PDF
ISBN
978-92-823-9483-0
DOI
10.2861/63670
Catalogue number
QA-04-16-522-EN-N
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