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Tag "globalisation"

Globalisation Has Failed to Reduce Inequality

Globalisation Has Failed to Reduce Inequality
Contrary to established theory, globalisation has increased, rather than reduced, inequality in emerging economies. To solve this problem, more opportunities should be created enabling people to acquire new skills. Nobel Prize laureate and Professor at Harvard, Eric S. Maskin, who is also Chief Research Fellow at the International Centre of Decision Choice and Analysis of the HSE Faculty of Economic Sciences and Honorary Professor at HSE University, shared his insights on the topic.