Another issue that is present in the public mind is the share of wages and profits in total income, which has been shifting in favour of profits in the past decade on a global basis, though it is not beyond dispute that the two phenomena are related.
9 This creates the risk that globalisation is seen by the public as something which only benefits the corporate world (and their top managers), while in fact consumers and workers should be the main beneficiaries. Again, these are issues that policy-makers, including central bankers, have to recognise and take seriously.