Along with rising income and wealth inequalities, the share of labour (particularly of unskilled labour) is declining both in rich and poor countries. The institutional factor behind this is, of course, the systematic weakening of labour organisations. Outside of the Nordic countries, union membership among workers is now often in dismal low percentages. In rich […]
Pranab Bardhan is a Professor in the Department of Economics at the University of California, Berkeley. He is also the author of 14 books, mostly on the political economy of development and globalisation. He was BP Centennial Professor at the LSE in 2010-11.