Global locational inequality
Assessing unequal exchange effects
Bibliographic Data
| ID | 4139729 |
|---|---|
| Authors | Andrea Ricci (0000-0002-5392-6785, University of Urbino, corresponding author) |
| Year | 2022 |
| Volume | 54 |
| Issue | 7 |
| Pages | 1323-1340 |
| Publication date | 2022-10-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Environment and Planning A Economy and Space (JOURNAL) |
| Journal identifiers | ISSN: 0308-518X • E-ISSN: 1472-3409 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/0308518x221107023 |
| OpenAlex | W4282567479 |
| Language | EN |
| Citations received | 10 |
| References cited | 58 |
Growth in international trade between countries at different levels of development is one of the main drivers of economic globalization. This phenomenon relates to the new international division of labour in which an Emerging Periphery, hosting the offshoring and outsourcing of world manufacturing, stands between a developed Center and a still backward, Poor Periphery. Following the analysis of the relative and absolute indices of global locational inequality, the effect of the unequal exchange on world income distribution in the last 25 years is investigated. A new methodology based on real currency misalignments and value-added trade is presented, which accounts also for international value transfers within global value chains. The counterfactual test shows that trade value transfers represent a significant source of revenue for the Center diverted from the Peripheries. Unequal exchange widens the opportunity gap between citizens of rich and poor countries through an increase in global locational inequality. Redefining post-pandemic international economic rules should therefore recognize the effect of unequal exchange on global inequality
Business · Counterfactual thinking · Currency · Economics · Global value chain · Globalization · Inequality · International economics · International trade · Macroeconomics · Market economy · Offshoring · Outsourcing · Revenue · Global trade and economics · Global trade, sustainability, and social impact · Innovation and Socioeconomic Development
Unequal exchange of labour in the world economy
Geographical evolutionary political economy
The myth of catch-up development
Unequal exchange, profit rate and growth
Two Sides of the Same Coin
How China benefits from “conveyor belts” of ecologically unequal exchange
The dynamics of international exploitation
Global Structure of Dependency and Socio-ecological Crisis
The Political Implications of Unequal Exchange
Ecologically Unequal Exchange and the Value of Money
Capital in the Twenty-First Century
World Development Report 2020
Global Capitalism and Commodity Chains
Commodity Chains and Global Capitalism
The New International Division of Labour
Unequal Exchange in the Age of Globalization
Explaining Inequality
The Impact of Rent from Unequal Exchange on Shaikh’s Classical-Keynesian Political Economic Analysis
China’s Escape from the Peripheral Condition
Value and Unequal Exchange in International Trade
Report on the world social situation 2013
What Do We Know about Global Income Inequality
Inequality Among World Citizens
Economic Development with Unlimited Supplies of Labour
The World Inequality Report
Global Inequality of Opportunity
Global inequality recalculated and updated
Commodity chains, creative destruction and global inequality
Plunder in the Post-Colonial Era
The Structure of Global Money and World Tables of Unequal Exchange
The Country-Level Income Structure of the World-Economy
Global value chains in a post-Washington Consensus world
Is Globalization Reducing Poverty and Inequality
Industrial convergence, globalization, and the persistence of the North-South divide
Is “Unequal exchange” a mechanism for perpetuating inequality in the modern world system
The Purchasing-Power Parity Doctrine
Real Exchange Rates Over the Past Two Centuries
Theoretical Notes on Trade Problems
The Essential Wallerstein
Global production networks
The Measurement of Unequal Exchange
Whither Global Production Networks in Economic Geography? Past, Present, and Future
The trouble with global production networks
Geography and the theory of uneven and combined development
"Capitalist crisis in the "age of global value chains
Globalization, the structure of the world economy and economic development
Semi-peripheral countries and the contemporary world crisis
| Unique citing works | 10 |
|---|---|
| Citations per year | 3,33 |
| Citation span | 2023 - 2026 (4) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 10 |