Growth, Poverty and Inequality Dynamics

Growth, Poverty and Inequality Dynamics

Author: Julian Weisbrod

Publisher: Peter Lang Pub Incorporated

Published: 2008

Total Pages: 142

ISBN-13: 9783631572559

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Since the Second World War the world has seen an economic growth spurt unprecedented in history. Economic growth is a necessary but not sufficient condition for improving human development, or in other words, economic growth is an important pre-requisite for the ultimate goal of human well-being. The four empirical essays of this book add to the general debate concerning dynamics of growth, poverty and inequality over the past 40 years from four different dimensions. The first chapter analyses the dynamics of the cross-country per capita income distribution and the existence of convergence clubs. The second chapter focuses on the dynamic development of the global income distribution and resulting implications for global income convergence, poverty reduction, pro-poor growth and the evolution of global inequality within and between countries. The third chapter investigates the deterministic relationship between ethnic fractionalisation and growth in a macro cross-country regression framework. Finally, the fourth chapter adds to the understanding of micro determinants of growth and poverty in the context of Indonesia.


The Origins and Dynamics of Inequality

The Origins and Dynamics of Inequality

Author: Jon D. Wisman

Publisher: Oxford University Press

Published: 2022-02-22

Total Pages: 521

ISBN-13: 019757596X

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Argues that the struggle over income, wealth, status and privilege-inequality-has been the principal, defining issue in human history and provides a novel framework for understanding inequality today Whereas President Barack Obama declared inequality as the defining issue of our time, in The Origins and Dynamics of Inequality, Jon D. Wisman claims more: it is the defining issue of all human history. The struggle over inequality has been the underlying force driving human history's unfolding. Drawing on the dynamics of inequality, Wisman re-interprets economic history and society. Beyond according inequality the central role in history, this book is novel in two other respects: First, transcending the general failure of social scientists and historians to anchor their work in explicit theories of human behaviour, this book grounds the origins and dynamics of inequality in evolutionary psychology, or more specifically, Darwin's theory of sexual selection. Second, this book accords central importance to ideology in legitimating inequality, a role typically inadequately addressed by social scientists and historians. Because of the central role of inequality in history, inequality's explosion over the past forty years has not been an anomaly. It is a return to the political dynamics by which elites have, since the rise of the state, taken practically everything for themselves, leaving all others with little more than the means with which to survive. Due to elites' persuasive ideology, even after workers in advanced capitalist countries gained the franchise to become the overwhelming majority of voters, inequality continued to increase. Sweeping and provocative, Jon D. Wisman presents a fresh perspective on why economic inequality exists and how its dynamics have shaped human history.


Inequality in the Developing World

Inequality in the Developing World

Author: Carlos Gradín

Publisher: Oxford University Press

Published: 2021

Total Pages: 373

ISBN-13: 0198863969

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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.


The Economics of Inequality

The Economics of Inequality

Author: Thomas Piketty

Publisher: Harvard University Press

Published: 2015-08-03

Total Pages: 153

ISBN-13: 0674504801

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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.


Causes and Consequences of Income Inequality

Causes and Consequences of Income Inequality

Author: Ms.Era Dabla-Norris

Publisher: International Monetary Fund

Published: 2015-06-15

Total Pages: 39

ISBN-13: 1513547437

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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.


Dynamics of Inequality and Poverty

Dynamics of Inequality and Poverty

Author: John Creedy

Publisher: Emerald Group Publishing

Published: 2006-07-01

Total Pages: 369

ISBN-13: 0762313501

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Consists of papers related to the theme of the dynamics of inequality and poverty that are subdivided into four separate parts. This volume examines inequality and poverty over time, the intergenerational transfer of poverty, inequality over time, and measurement issues. The chapters discuss inequality and poverty in developed countries.


Links Between Growth, Inequality, and Poverty: A Survey

Links Between Growth, Inequality, and Poverty: A Survey

Author: Ms. Valerie Cerra

Publisher: International Monetary Fund

Published: 2021-03-12

Total Pages: 54

ISBN-13: 1513572660

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Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The evidence suggests that growth can be effective in reducing poverty, but its impact on inequality is ambiguous and depends on the underlying sources of growth. The impact of poverty and inequality on growth is likewise ambiguous, as several channels mediate the relationship. But most plausible mechanisms suggest that poverty and inequality reduce growth, at least in the long run. Policies play a role in shaping these relationships and those designed to improve equality of opportunity can simultaneously improve inclusiveness and growth.


The End of Poverty

The End of Poverty

Author: Peter Edward

Publisher: Springer

Published: 2019-04-23

Total Pages: 98

ISBN-13: 3030147649

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In this book Edward and Sumner argue that to better understand the impact of global growth on poverty it is necessary to consider what happens across a wide range of poverty lines. Starting with the same datasets used to produce official estimates of global poverty, they create a model of global consumption that spans the entire world’s population. They go on to demonstrate how their model can be utilised to understand how different poverty lines imply very different visions of how the global economy needs to work in order for poverty to be eradicated.


Income Inequality and Poverty

Income Inequality and Poverty

Author: Nanak Kakwani

Publisher: New York : Published for the World Bank [by] Oxford University Press

Published: 1980

Total Pages: 436

ISBN-13:

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Deals with income distribution methods and their economic applications.


The Political Economy of Inequality

The Political Economy of Inequality

Author: Frank Stilwell

Publisher: John Wiley & Sons

Published: 2019-05-10

Total Pages: 256

ISBN-13: 1509528687

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During the last few decades, the gap between the incomes, wealth and living standards of rich and poor people has increased in most countries. Economic inequality has become a defining issue of our age. In this book, leading political economist Frank Stilwell provides a comprehensive overview of the nature, causes, and consequences of this growing divide. He shows how we can understand inequalities of wealth and incomes, globally and nationally, examines the scale of the problem and explains how it affects our wellbeing. He also shows that, although governments are often committed to ‘growth at all costs’ and ‘trickle down’ economics, there are alternative public policies that could be used to narrow the gap between rich and poor. Stilwell’s engaging and clear guide to the issues will be indispensable reading for all students, general readers and scholars interested in inequality in political economy, economics, public policy and beyond.