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Author: Brian Nolan Publisher: Oxford University Press ISBN: 0192533746 Category : Business & Economics Languages : en Pages : 480
Book Description
Rising inequality in income and wealth across the OECD has been widely recognised and identified as a major concern; Inequality and Inclusive Growth in Rich Countries links this phenomenon with stagnation in wages and incomes for ordinary working households in order to address the challenge of promoting growth and prosperity. The concentration of wealth at the top of society is now seen as a threat to social and political stability. Inequality and Inclusive Growth in Rich Countries aims to identify what structures and policies are associated with success or failure in limiting the rise in inequality and promoting income growth for those in the middle and lower reaches of the income distribution. It analyses the varying experiences of ten rich countries over recent decades in depth, revealing that there are indeed responses that governments and societies can adopt, and that stagnation and rising inequality do not have to be accepted, but can be combatted given the political will and capacity.
Author: Brian Nolan Publisher: Oxford University Press ISBN: 0192533746 Category : Business & Economics Languages : en Pages : 480
Book Description
Rising inequality in income and wealth across the OECD has been widely recognised and identified as a major concern; Inequality and Inclusive Growth in Rich Countries links this phenomenon with stagnation in wages and incomes for ordinary working households in order to address the challenge of promoting growth and prosperity. The concentration of wealth at the top of society is now seen as a threat to social and political stability. Inequality and Inclusive Growth in Rich Countries aims to identify what structures and policies are associated with success or failure in limiting the rise in inequality and promoting income growth for those in the middle and lower reaches of the income distribution. It analyses the varying experiences of ten rich countries over recent decades in depth, revealing that there are indeed responses that governments and societies can adopt, and that stagnation and rising inequality do not have to be accepted, but can be combatted given the political will and capacity.
Author: Jonathan D. Ostry Publisher: Columbia University Press ISBN: 0231527616 Category : Business & Economics Languages : en Pages : 182
Book Description
Inequality has drastically increased in many countries around the globe over the past three decades. The widening gap between the very rich and everyone else is often portrayed as an unexpected outcome or as the tradeoff we must accept to achieve economic growth. In this book, three International Monetary Fund economists show that this increase in inequality has in fact been a political choice—and explain what policies we should choose instead to achieve a more inclusive economy. Jonathan D. Ostry, Prakash Loungani, and Andrew Berg demonstrate that the extent of inequality depends on the policies governments choose—such as whether to let capital move unhindered across national boundaries, how much austerity to impose, and how much to deregulate markets. While these policies do often confer growth benefits, they have also been responsible for much of the increase in inequality. The book also shows that inequality leads to weaker economic performance and proposes alternative policies capable of delivering more inclusive growth. In addition to improving access to health care and quality education, they call for redistribution from the rich to the poor and present evidence showing that redistribution does not hurt growth. Accessible to scholars across disciplines as well as to students and policy makers, Confronting Inequality is a rigorous and empirically rich book that is crucial for a time when many fear a new Gilded Age.
Author: Juzhong Zhuang Publisher: Anthem Press ISBN: 0857288067 Category : Business & Economics Languages : en Pages : 493
Book Description
While Asia’s growth record in recent decades is remarkable, it has been marred by rising inequalities. This book looks at recent trends of income and non-income inequalities in developing Asian countries, discusses their underlying driving forces, and examines key policy issues that need to be addressed to ensure that the benefits of growth will be more equitably shared in Asia. The book also presents a set of country studies that provide rich information on growth, poverty and inequality dynamics and the policy challenges that arise in marching toward inclusive growth.
Author: Brian Keeley Publisher: Org. for Economic Cooperation & Development ISBN: 9789264246003 Category : Languages : en Pages : 120
Book Description
Income inequality is rising. A quarter of a century ago, the average disposable income of the richest 10% in OECD countries was around seven times higher than that of the poorest 10%; today, it's around 9½ times higher. Why does this matter? Many fear this widening gap is hurting individuals, societies and even economies. This book explores income inequality across five main headings. It starts by explaining some key terms in the inequality debate. It then examines recent trends and explains why income inequality varies between countries. Next it looks at why income gaps are growing and, in particular, at the rise of the 1%. It then looks at the consequences, including research that suggests widening inequality could hurt economic growth. Finally, it examines policies for addressing inequality and making economies more inclusive.
Author: Ms. Valerie Cerra Publisher: International Monetary Fund ISBN: 1513572660 Category : Business & Economics Languages : en Pages : 54
Book Description
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.
Author: Carlos Gradín Publisher: Oxford University Press ISBN: 0198863969 Category : Business & Economics Languages : en Pages : 373
Book Description
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: Howard Thomas Publisher: Emerald Group Publishing ISBN: 1789737796 Category : Business & Economics Languages : en Pages : 152
Book Description
The book outlines a journey from enabling models of government and business to strategies for creating both financial and social inclusion and entrepreneurism as mechanisms for sustainable and inclusive growth.
Author: Ms. Era Dabla-Norris Publisher: International Monetary Fund ISBN: 1513547437 Category : Business & Economics Languages : en Pages : 33
Book Description
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: Publisher: UN ISBN: 9789211263671 Category : Business & Economics Languages : en Pages : 0
Book Description
This report revisits the theoretical concepts of inequalities including their measurements, analyzes their global trends, presents the policy makers' perception of inequalities in 15 countries and identifies various policy options in combating this major development challenge of our time. The report makes the basic point that in spite of the impressive progress humanity has made on many fronts over the decades, it still remains deeply divided. In that context, it is intended to help development actors, citizens, and policy makers contribute to global dialogues and initiate conversations in their own countries about the drivers and extent of inequalities, their impact, and the ways in which they can be curbed.
Author: Juzhong Zhuang Publisher: Anthem Press ISBN: 9780857288387 Category : Business & Economics Languages : en Pages : 493
Book Description
While Asia’s growth record in recent decades is remarkable, it has been marred by rising inequalities. This book looks at recent trends of income and non-income inequalities in developing Asian countries, discusses their underlying driving forces, and examines key policy issues that need to be addressed to ensure that the benefits of growth will be more equitably shared in Asia. The book also presents a set of country studies that provide rich information on growth, poverty and inequality dynamics and the policy challenges that arise in marching toward inclusive growth.
Author: Brian Nolan
Author: Brian Nolan
Author: Jonathan D. Ostry
Author: Juzhong Zhuang
Author: Brian Keeley
Author: Ms. Valerie Cerra
Author: Carlos Gradín
Author: Howard Thomas
Author: Ms. Era Dabla-Norris
Author: 
Author: Juzhong Zhuang