Editor’s Note:
At the end of each week, one of the rotating editors for Future Development — Shanta Devarajan , Wolfgang Fengler , Indermit Gill , or Homi Kharas —provides recommended literature on a specific development topic.
We live in an era where political debates appear much shriller, and polarized, than economic analysis would predict. A case in point is the effect of trade opening on wage inequality, which, according to economics, could be ambiguous whereas the political rhetoric, especially in rich countries, is that it is always harmful. A recent paper in VoxDev reconciles this difference by […]
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