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| Author | : Theo S. Eicher |
| Publisher | : MIT Press |
| Total Pages | : 343 |
| Release | : 2003 |
| Genre | : Economic development |
| ISBN | : 0262050692 |
Essays exploring the relationship between economic growth and inequality and the implications for policy makers.
| Author | : OECD |
| Publisher | : OECD Publishing |
| Total Pages | : 165 |
| Release | : 2021-11-18 |
| Genre | : |
| ISBN | : 9264872000 |
The recovery after the COVID-19 crisis requires policies and reforms that tackle inequalities and promote equal opportunities. However, the implementation of such reforms requires widespread support from the public. To better understand what factors drive public support, this report provides a detailed cross-country analysis of people’s perceptions of and concern over 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.
| Author | : Leslie McCall |
| Publisher | : Cambridge University Press |
| Total Pages | : 319 |
| Release | : 2013-03-29 |
| Genre | : Political Science |
| ISBN | : 1107355230 |
It is widely assumed that Americans care little about income inequality, believe opportunities abound, admire the rich, and dislike redistributive policies. Leslie McCall contends that such assumptions are based on both incomplete survey data and economic conditions of the past and not present. In fact, Americans have desired less inequality for decades, and McCall's book explains why. Americans become most concerned about inequality in times of inequitable growth, when they view the rich as prospering while opportunities for good jobs, fair pay and high quality education are restricted for everyone else. As a result, they favor policies to expand opportunity and redistribute earnings in the workplace, reducing inequality in the market rather than redistributing income after the fact with tax and spending policies. This book resolves the paradox of how Americans can express little enthusiasm for welfare state policies and still yearn for a more equitable society, and forwards a new model of preferences about income inequality rooted in labor market opportunities rather than welfare state policies.
| Author | : Carlos Góes |
| Publisher | : International Monetary Fund |
| Total Pages | : 27 |
| Release | : 2016-08-03 |
| Genre | : Business & Economics |
| ISBN | : 1475523246 |
Thomas Piketty's Capital in the Twenty-First Century puts forth a logically consistent explanation for changes in income and wealth inequality patterns. However, while rich in data, the book provides no formal empirical testing for its theoretical causal chain. In this paper, I build a set of Panel SVAR models to check if inequality and capital share in the national income move up as the r-g gap grows. Using a sample of 19 advanced economies spanning over 30 years, I find no empirical evidence that dynamics move in the way Piketty suggests. Results are robust to several alternative estimates of r-g.
| 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.
| Author | : Mr.Sanjeev Gupta |
| Publisher | : International Monetary Fund |
| Total Pages | : 42 |
| Release | : 1998-05-01 |
| Genre | : Business & Economics |
| ISBN | : 1451849842 |
This paper demonstrates that high and rising corruption increases income inequality and poverty by reducing economic growth, the progressivity of the tax system, the level and effectiveness of social spending, and the formation of human capital, and by perpetuating an unequal distribution of asset ownership and unequal access to education. These findings hold for countries with different growth experiences, at different stages of development, and using various indices of corruption. An important implication of these results is that policies that reduce corruption will also lower income inequality and poverty.
| Author | : Mr.David Coady |
| Publisher | : International Monetary Fund |
| Total Pages | : 27 |
| Release | : 2020-06-26 |
| Genre | : Business & Economics |
| ISBN | : 1513547046 |
There is a growing debate on the relative merits of universal and targeted social assistance transfers in achieving income redistribution objectives. While the benefits of targeting are clear, i.e., a larger poverty impact for a given transfer budget or lower fiscal cost for a given poverty impact, in practice targeting also comes with various costs, including incentive, administrative, social and political costs. The appropriate balance between targeted and universal transfers will therefore depend on how countries decide to trade-off these costs and benefits as well as on the potential for redistribution through taxes. This paper discusses the trade-offs that arise in different country contexts and the potential for strengthening fiscal redistribution in advanced and developing countries, including through expanding transfer coverage and progressive tax financing.
| Author | : Lucas Chancel |
| Publisher | : Harvard University Press |
| Total Pages | : 267 |
| Release | : 2022-11 |
| Genre | : Business & Economics |
| ISBN | : 0674273567 |
World Inequality Report 2022 is the most authoritative and comprehensive account of global trends in inequality, providing cutting-edge information about income and wealth inequality and also pioneering data about the history of inequality, gender inequality, environmental inequalities, and trends in international tax reform and redistribution.
| Author | : Merike Blofield |
| Publisher | : Penn State Press |
| Total Pages | : 418 |
| Release | : 2011 |
| Genre | : Social Science |
| ISBN | : 0271050098 |
"A collection of essays addressing the relationship between inequality and politics in Latin America. Examines the socioeconomic context and inequality of opportunities; elite culture, public opinion, and media framing; capital mobility, campaign financing, representation and gender equality policies; and taxation and social policies"--Provided by publisher.
