Research Report Globalization and Economic Mobility
Seth Zimmerman
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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.)
Research Areas Economic mobility and inequality
Tags Fiscal policy
Policy Centers Income and Benefits Policy Center