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Inequality: Winners and Losers

Long-term trends in the world economy suggest that technological change, globalisation and income inequality are intertwined.

Who wins and who loses from trade and why? Should governments intervene to promote or restrict international transactions?

These questions have always been at the core of the debate in international economics but have recently gained new salience, in the UK and elsewhere, due to renewed protectionist pressures and resurgent nationalistic tendencies arising from disenchantment with globalisation.

The CEP's work on this theme is wide-ranging, including empirical work on the impact of recent US tariffs on US firms and consumers and theoretical work on the effect of global integration on the allocation of worker skill to firms and on local and global wage inequality.

Inequality: Winners and Losers publications

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