Globalization and Economic Mobility

Research Report

Globalization and Economic Mobility

April 3, 2008

Abstract

By allowing businesses to look internationally for efficient solutions, globalization may raise overall productivity and allow for widespread increases in living standards. However, critics have observed that globalization often pushes less- skilled U.S. workers into damaging competition with lower- paid foreign substitutes. This review describes the growing body of research on the impacts of globalization on U.S. workers, and explores the potential mobility consequences of this emerging trend. (Review 5 of 11.)

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