Published Paper Details:

'Globalization: a boon or a curse' has always been in discussions amongst top bureaucrats, policymakers, economists, business houses, and others. The past decade has been a mini golden era of contemporary globalization. Not just the trade in goods and services grew but the capital flows also grew at a rapid rate. The rapid growth has come at a cost of growing inequality across the countries. In recent times, evidence that challenges theoretical predictions of the positive impact of globalization has become largely available. This paper is an attempt to address the subject using some empirical methods on the impact of international trade on income inequality. We have used World Integrated Trade Solution (WITS) data for our analysis. We have constructed two panels, one for developing countries with data on 26 countries for 6 years (2012-2017) and another for developed nations with data on 25 countries for 6 years. Our results suggest that natural, political and social endowments contribute more towards income inequality than trade