{
  "title": "Globalization, Skills & Inequality",
  "publication": "IMF Blog, March 17, 2016",
  "sourceUrl": "https://www.imf.org/en/blogs/articles/2016/03/17/globalization-skills-inequality",
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  "summary": "Over the last 25 years, inequality did not decrease with globalization as widely expected.",
  "sections": [
    {
      "heading": "Main findings",
      "content": "- Over the last 25 years, inequality did not decrease with globalization as widely expected.\n- Nobel Laureate and Harvard Professor Eric Maskin notes a high correlation between high inequality and social and political unrest, with consequences for a country's political and economic stability.\n- Income disparities between skilled and unskilled workers has only increased in recent years."
    },
    {
      "heading": "Causes and mechanisms",
      "content": "- Globalization was widely expected to reduce inequality, but that expectation has not been realized in the last 25 years.\n- A key driver identified is widening income disparities between skilled and unskilled workers."
    },
    {
      "heading": "Policy recommendations",
      "content": "- Improving the skill set of those left behind by globalization through education and training could make a significant difference to close the gap."
    },
    {
      "heading": "Interview details",
      "content": "- Format: Podcast interview with Professor Eric Maskin.\n- Published on: March 17, 2016.\n- Hosted on: iMFdirect.\n- Listen to the interview here:\n  [soundcloud url=\"https://api.soundcloud.com/tracks/252173128\" params=\"autoplay=false&hiderelated=false&showcomments=true&showuser=true&showreposts=false&visual=true\" width=\"100%\" height=\"450\" iframe=\"true\" /]\n\nIMF iMFdirect, March 17, 2016\n\n---\n\n\n References\n\n- podcast interview\n\nSource: https://www.imf.org/en/blogs/articles/2016/03/17/globalization-skills-inequality"
    }
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    "Authors: iMFdirect",
    "Published: March 17, 2016",
    "Over the last 25 years, inequality did not decrease with globalization as widely expected.",
    "Nobel Laureate and Harvard Professor Eric Maskin notes a high correlation between high inequality and social and political unrest, with consequences for a country's political and economic stability.",
    "Income disparities between skilled and unskilled workers has only increased in recent years.",
    "Globalization was widely expected to reduce inequality, but that expectation has not been realized in the last 25 years.",
    "A key driver identified is widening income disparities between skilled and unskilled workers.",
    "Improving the skill set of those left behind by globalization through education and training could make a significant difference to close the gap.",
    "Format: Podcast interview with Professor Eric Maskin.",
    "Published on: March 17, 2016.",
    "Hosted on: iMFdirect.",
    "Listen to the interview here:",
    "[podcast interview](http://www.imf.org/external/pubs/ft/survey/so/SinglePodcastHighlight.aspx?podcastid=388)"
  ],
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