Social Protection

The connection between financial globalisation and rising inequality

Capital account liberalisation episodes have had a limited effect on output but have led to a significant increase in inequality. Image: REUTERS/Susana Vera

Davide Furceri

Economist, IMF’s Research Department

Prakash Loungani

Advisor, IMF’s Research Department.

Jonathan D. Ostry

Professor of the Practice of Economics, Georgetown University

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Related topics:

Social ProtectionTrade and InvestmentBanking and Capital MarketsEconomic Progress

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