The Openness�?Equality Trade�?Off in Global Redistribution

@article{Weyl2018TheOT,
  title={The Openness�?Equality Trade�?Off in Global Redistribution},
  author={E. Glen Weyl},
  journal={Wiley-Blackwell: Economic Journal},
  year={2018}
}
  • E. Glen Weyl
  • Published 2018
  • Economics
  • Wiley-Blackwell: Economic Journal
  • The Gulf Cooperation Council (GCC) countries accept massive numbers of migrants from poor countries and pay wages that dramatically improve over outside options but are meagre by the standards of natives. As such they do dramatically more per capita to reduce global inequality than do the ‘fortress welfare states’ of the Organisation for Economic Cooperation and Development (OECD) countries. If OECD countries were to imitate the GCC it would reduce global inequality by more than full… CONTINUE READING

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