by contrast the inequality is expected to rise in capitalrich countries as the demand for and remuneration of capital which is unequally distributed will increase while the demand for and remuneration of labour will fall as predicted by hoss the trade liberalization of the h century raised domestic inequality in the rich new world and reduced it in the poor old world likewise bourguignon and morisson found that in small developing countries trade liberalization reduced the income of the richest per cent of the population and raised that of the bottom per cent similar conclusions are arrived at by wood in the case of the east asian exporters of labourintensive manufactured goods during the s and the s