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.


Global Inequality

Global Inequality

Author: Branko Milanovic

Publisher: Harvard University Press

Published: 2016-04-11

Total Pages: 312

ISBN-13: 067473713X

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Winner of the Bruno Kreisky Prize, Karl Renner Institut A Financial Times Best Economics Book of the Year An Economist Best Book of the Year A Livemint Best Book of the Year One of the world’s leading economists of inequality, Branko Milanovic presents a bold new account of the dynamics that drive inequality on a global scale. Drawing on vast data sets and cutting-edge research, he explains the benign and malign forces that make inequality rise and fall within and among nations. He also reveals who has been helped the most by globalization, who has been held back, and what policies might tilt the balance toward economic justice. “The data [Milanovic] provides offer a clearer picture of great economic puzzles, and his bold theorizing chips away at tired economic orthodoxies.” —The Economist “Milanovic has written an outstanding book...Informative, wide-ranging, scholarly, imaginative and commendably brief. As you would expect from one of the world’s leading experts on this topic, Milanovic has added significantly to important recent works by Thomas Piketty, Anthony Atkinson and François Bourguignon...Ever-rising inequality looks a highly unlikely combination with any genuine democracy. It is to the credit of Milanovic’s book that it brings out these dangers so clearly, along with the important global successes of the past few decades. —Martin Wolf, Financial Times


Top Incomes

Top Incomes

Author: A. B. Atkinson

Publisher: Oxford University Press

Published: 2010-04

Total Pages: 799

ISBN-13: 0199286892

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This volume brings together an exciting range of new studies of top incomes in a wide range of countries from around the world. The studies use data from income tax records to cast light on the dramatic changes that have taken place at the top of the income distribution. The results cover 22 countries and have a long time span, going back to 1875.


World Inequality Report 2018

World Inequality Report 2018

Author: Facundo Alvaredo

Publisher: Belknap Press

Published: 2018-07-09

Total Pages: 345

ISBN-13: 0674984552

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World Inequality Report 2018 is the most authoritative and up-to-date account of global trends in inequality. Researched, compiled, and written by a team of the world’s leading economists of inequality, it presents—with unrivaled clarity and depth—information and analysis that will be vital to policy makers and scholars everywhere. Inequality has taken center stage in public debate as the wealthiest people in most parts of the world have seen their share of the economy soar relative to that of others, many of whom, especially in the West, have experienced stagnation. The resulting political and social pressures have posed harsh new challenges for governments and created a pressing demand for reliable data. The World Inequality Lab at the Paris School of Economics and the University of California, Berkeley, has answered this call by coordinating research into the latest trends in the accumulation and distribution of income and wealth on every continent. This inaugural report analyzes the Lab’s findings, which include data from major countries where information has traditionally been difficult to acquire, such as China, India, and Brazil. Among nations, inequality has been decreasing as traditionally poor countries’ economies have caught up with the West. The report shows, however, that inequality has been steadily deepening within almost every nation, though national trajectories vary, suggesting the importance of institutional and policy frameworks in shaping inequality. World Inequality Report 2018 will be a key document for anyone concerned about one of the most imperative and contentious subjects in contemporary politics and economics.


Rising Inequality in China

Rising Inequality in China

Author: Shi Li

Publisher: Cambridge University Press

Published: 2013-10-31

Total Pages: 531

ISBN-13: 1107002915

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This book examines the evolution of economic inequality in China from 2002 to 2007; a sequel to Inequality and Public Policy in China (2008).


World Inequality Report 2022

World Inequality Report 2022

Author: Lucas Chancel

Publisher: Harvard University Press

Published: 2022-11

Total Pages: 267

ISBN-13: 0674273567

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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.


Testing Piketty’s Hypothesis on the Drivers of Income Inequality

Testing Piketty’s Hypothesis on the Drivers of Income Inequality

Author: Carlos Góes

Publisher: International Monetary Fund

Published: 2016-08-19

Total Pages: 27

ISBN-13: 1475527691

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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.


Political Cleavages and Social Inequalities

Political Cleavages and Social Inequalities

Author: Amory Gethin

Publisher: Harvard University Press

Published: 2021-11-16

Total Pages: 657

ISBN-13: 0674248422

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The empirical starting point for anyone who wants to understand political cleavages in the democratic world, based on a unique dataset covering fifty countries since WWII. Who votes for whom and why? Why has growing inequality in many parts of the world not led to renewed class-based conflicts, seeming instead to have come with the emergence of new divides over identity and integration? News analysts, scholars, and citizens interested in exploring those questions inevitably lack relevant data, in particular the kinds of data that establish historical and international context. Political Cleavages and Social Inequalities provides the missing empirical background, collecting and examining a treasure trove of information on the dynamics of polarization in modern democracies. The chapters draw on a unique set of surveys conducted between 1948 and 2020 in fifty countries on five continents, analyzing the links between votersÕ political preferences and socioeconomic characteristics, such as income, education, wealth, occupation, religion, ethnicity, age, and gender. This analysis sheds new light on how political movements succeed in coalescing multiple interests and identities in contemporary democracies. It also helps us understand the conditions under which conflicts over inequality become politically salient, as well as the similarities and constraints of voters supporting ethnonationalist politicians like Narendra Modi, Jair Bolsonaro, Marine Le Pen, and Donald Trump. Bringing together cutting-edge data and historical analysis, editors Amory Gethin, Clara Mart’nez-Toledano, and Thomas Piketty offer a vital resource for understanding the voting patterns of the present and the likely sources of future political conflict.


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.


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.