World Bank admits some have lost out from free trade – BBC News

An internal document seen by the BBC says globalisation “may have led to rising wage inequality” as the head of the World Bank says more needs to be done to help those who have lost their jobs.

Source: World Bank admits some have lost out from free trade – BBC News

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Globalisation benefits us and the majority of the world – but can it be tamed? | The Independent

They say that when elephants fight the grass gets trampled. And when economists fight over elephants the complex reality can come off worse too. A few years ago the World Bank economist Branko Milanovic produced a profoundly influential chart showing the change across the global income distribution (running from the poorest people on the planet to the very richest) over the past 30 or so years. The pattern was striking.

Source: Globalisation benefits us and the majority of the world – but can it be tamed? | The Independent