Hence, some argue that globalisationinduced reductions in social expenditure are also fostering the growth of inequality in disposable incomes in developed nations. Much of the empirical work on this issue finds no strong evidence of globalisation-induced changes in either the level or composition of public-spending. 12 There is evidence, if  11  See, e.g. Clark et al. (2007).
While there are more rural community banks than urban community banks, the latter consistently account for a larger volume of deposits, loans, and offices than the former.