Evidence increasing of link between globalization and declining labor income share

Published: April 25, 2019, 12:01 a.m.

b'The global trend to more open trade and migration has benefited the global economy, but the share of income taken by labor has been declining at the same time. \\n\\nAs protectionism and anti-migration policies grow in some countries, the role of globalization in the declining share of labor income has become a focus. That labor is seeing a decline in its share of income in many countries has been shown in a number of studies. The question is, why?\\n\\nRead the transcript\\nhttps://bit.ly/2W4pYnK\\n\\nRead the working paper\\nhttps://bit.ly/2DwDTMl\\n\\nAbout the authors\\nKen Suzuki is a researcher at the Embassy of Japan in Jordan.\\nYoko Oishi is a research associate at the Asian Development Bank Institute (ADBI).\\nSaumik Paul was a research economist at ADBI at the time the working paper was published.\\n\\nKnow more about ADBI\\u2019s work\\nhttps://bit.ly/2GC5lKu'