Uneven Odds, Unequal Outcomes

Uneven Odds, Unequal Outcomes
Author: Nandini Krishnan
Publisher: Directions in Development
Total Pages: 0
Release: 2016
Genre: Business & Economics
ISBN: 9781464807862

Perceptions of eroding living standards, low levels of life satisfaction, and pessimism about prospects for economic mobility are widespread in the Middle East and North Africa region today. Conventional measures of economic well-being offer little explanation for these trends; in most countries in the region, extreme poverty is low and declining and economic inequality is lower than in other parts of the world. "Uneven Odds, Unequal Outcomes: Inequality of Opportunity in the Middle East and North Africa" investigates possible reasons for this disconnect, focusing on the role played by inadequate and unequal access to opportunities leading to economic mobility. The inability of most countries in the region to meet the economic aspirations of citizens is closely linked to persistent weaknesses in the labor markets where the pace of job creation has been chronically below levels required to absorb the growing and increasingly better educated population. Opportunities and life paths can diverge early in life if access to basic services in health, education, and infrastructure are unequally distributed among children in their formative years, and this book documents sharp disparities in the quality of services available to children of varying birth circumstances in the region. Although the most intense debates in development coalesce around inequality of income or wealth, the notion of inequality of opportunity has an intuitive appeal that can bridge ideological differences. By drawing attention to the notion of equality of opportunity to create a level playing field for all sections of society, "Uneven Odds, Unequal Outcomes: Inequality of Opportunity in the Middle East and North Africa" highlights the need to critically examine the social contract and governance structures that guide the delivery of services and are instrumental for implementing necessary reforms to make labor markets more dynamic and equitable. --

Labour Markets, Institutions and Inequality

Labour Markets, Institutions and Inequality
Author: Janine Berg
Publisher: Edward Elgar Publishing
Total Pages: 430
Release: 2015-01-30
Genre: Business & Economics
ISBN: 1784712108

Labour market institutions, including collective bargaining, the regulation of employment contracts and social protection policies, are instrumental for improving the well-being of workers, their families and society. In many countries, these instituti

Inequality in the Developing World

Inequality in the Developing World
Author: Carlos Gradín
Publisher: Oxford University Press
Total Pages: 373
Release: 2021
Genre: Business & Economics
ISBN: 0198863969

Inequality has emerged as a key development challenge. It holds implications for economic growth and redistribution and translates into power asymmetries that can endanger human rights, create conflict, and embed social exclusion and chronic poverty. For these reasons, it underpins intense public and academic debates and has become a dominant policy concern within many countries and in all multilateral agencies. It is at the core of the 17 goals of the UN 2030 Agenda for Sustainable Development. This book contributes to this important discussion by presenting assessments of the measurement and analysis of global inequality by leading inequality scholars, aligning these to comprehensive reviews of inequality trends in five of the world's largest developing countries - Brazil, China, India, Mexico, and South Africa.

South Africa

South Africa
Author: Rahul Anand
Publisher: International Monetary Fund
Total Pages: 37
Release: 2016-09-07
Genre: Business & Economics
ISBN: 1475533675

This paper analyzes the determinants of high unemployment in South Africa by studying labor market dynamics using individual level panel data from the Quarterly Labor Force Survey. While prior work experience and gender are found to be important determinants of the job-finding rate, education attainment and race are important determinants of the job-exit rate. Using stock-flow equations, counterfactual exercises are conducted to quantify the role of these different transition rates on unemployment. The paper also explores the contribution of unemployment towards inequality. Reducing unemployment is found to be important for reducing inequality – estimates suggest that a 10 percentage point reduction in unemployment lowers the Gini coefficient by 3 percent. Achieving a similar reduction solely through transfers would require a 40 percent increase in government transfers.

Globalization, Labor Markets and Inequality in India

Globalization, Labor Markets and Inequality in India
Author: Dipak Mazumdar
Publisher: IDRC
Total Pages: 380
Release: 2008
Genre: Business & Economics
ISBN: 0415436117

India's increased exposure to world markets and relaxation of domestic controls has given a spurt to the GDP growth rate, but its impact on poverty, inequality and employment have been controversial. This book examines these aspects of the post-reform scene, discerning the changes in trends which the new developments have created.

Causes and Consequences of Income Inequality

Causes and Consequences of Income Inequality
Author: Ms.Era Dabla-Norris
Publisher: International Monetary Fund
Total Pages: 39
Release: 2015-06-15
Genre: Business & Economics
ISBN: 1513547437

This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.

Poverty, Income Distribution and Labour Markets in Ethiopia

Poverty, Income Distribution and Labour Markets in Ethiopia
Author: Arne Bigsten
Publisher: Nordic Africa Institute
Total Pages: 204
Release: 2005
Genre: History
ISBN: 9789171065261

Ethiopia is one of the poorest countries in the world with a per capita income of just above US$100. With such a low average income, poverty is of course widespread, so understanding the causes of poverty is of utmost importance, but until recently very little household-data has been available. This study deals with many aspects of poverty and income-distribution in Ethiopia, providing a wealth of information on household-income and its determinants. The book is of interest both to academics working on poverty analysis and to policy makers and donors collaborating with Ethiopia.

Tackling Inequalities in Brazil, China, India and South Africa The Role of Labour Market and Social Policies

Tackling Inequalities in Brazil, China, India and South Africa The Role of Labour Market and Social Policies
Author: OECD
Publisher: OECD Publishing
Total Pages: 311
Release: 2010-10-21
Genre:
ISBN: 9264088369

This book focuses on the role of growth and employment/unemployment developments in explaining recent income inequality trends in Brazil, China, India and South Africa, and discusses the roles played by labour market and social policies in both shaping and addressing these inequalities.

The Economics of Inequality

The Economics of Inequality
Author: Thomas Piketty
Publisher: Harvard University Press
Total Pages: 153
Release: 2015-08-03
Genre: Business & Economics
ISBN: 0674504801

Succinct, accessible, and authoritative, Thomas Piketty’s The Economics of Inequality is the ideal place to start for those who want to understand the fundamental issues at the heart of one the most pressing concerns in contemporary economics and politics. This work now appears in English for the first time.