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Globalization, political orientation and wage inequality: From Donald Trump’s election to Angela Merkal’s re-election

Turkish Economic Review

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Title Globalization, political orientation and wage inequality: From Donald Trump’s election to Angela Merkal’s re-election
 
Creator MAMOON, Dawood; University of Management and Technology C-II, Johar Town, 54770 Lahore, Pakistan
 
Subject Democracy; Autocracy; Wage Inequality; International Trade.
E24; F40; J30.
 
Description Abstract. The recent election results in US, Germany, Japan and China and vote for BRIXIT in Britian suggest that political outcomes increasingly relate to the economic, political and social orientation in both developed and developing countries. Countries that have not promoted social and economic harmony in the country - democracy eventually puts the pressure through the discontent local polity resulting in election outcomes similar to US presidential elections in 2016. To avoid anti-globalization feelings among local population and its negative outcomes, improving political orientation towards greater participation of local polity and investments in education in developing countries would result in more equality. The research is applicable to countries like India, China, Pakistan, Argentina, Sub-Saharan Africa who have all liberalised but still need to draw lessons from East Asia for their Industrialisation and Growth Promotion with early emphasis on Social and Institutional Development. Keywords. Democracy, Autocracy, Wage inequality, International trade.JEL. E24, F40, J30.
 
Publisher Turkish Economic Review
Turkish Economic Review
 
Contributor —
 
Date 2018-03-18
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
—
 
Format application/pdf
 
Identifier http://www.kspjournals.org/index.php/TER/article/view/1490
10.1453/ter.v5i1.1490
 
Source Turkish Economic Review; Vol 5, No 1 (2018): March; 12-21
Turkish Economic Review; Vol 5, No 1 (2018): March; 12-21
2149-0414
 
Language eng
 
Relation http://www.kspjournals.org/index.php/TER/article/view/1490/1619
 
Rights Copyright (c) 2018 Turkish Economic Review
http://creativecommons.org/licenses/by-nc/4.0