English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Plus monthly

Global: Zendy Tools annual

Global: Zendy Tools monthly

Global: Zendy Free Plan

This study examines the relationship between globalization and incomeinequality, utilizing panel data spanning from 1992 to 2020. Globalization ismeasured by the World Bank global-link indicators such as FDI, Remittance,Trade Openness, and Migration while income inequality is measured by GiniCoefficient and the median income of 50% of the population. The fixed effectpanel data analysis provides empirical evidence indicating that globalizationtends to reduce income inequality, though its impact varies between developedand developing countries. The analysis reveals a strong negative correlationbetween net foreign direct investment (FDI) inflows and inequality indeveloping countries, while no such relationship was found for developedcountries.The relationship holds even if we consider an alternative measure ofinequality. However, when dividing countries by developed and developinggroups, no statistically significant relationship was observed. Policymakerscan use these findings to support efforts to increase FDI, trade, tourism, andmigration to promote growth and reduce income inequality.

The Globalization-Inequality Nexus: A Comparative Study of Developed and Developing Countries