global inequality a new approach for the age of globalization

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Global Inequality

Author : Branko Milanovic
ISBN : 9780674737136
Genre : Business & Economics
File Size : 38. 53 MB
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"In this fascinating book, Milanovic is able to articulate the study of inequality between and within countries in the clearest possible way. A must-read." Thomas Piketty, Paris School of Economics. "In Global Inequality, Branko Milanovic continues his lifelong investigation into the past, present, and future of inequality, within and between nations, and in the world as a whole. Full of new and provocative ideas - including Kuznets waves and citizenship rents - the book will cement Milanovic's reputation as one of the most thoughtful and enterprising of inequality scholars." Angus Deaton, Princeton University. "Continuing with his extraordinarily important work on the empirics of global inequality, Branko Milanovic in this book expands on that work to lay the basis for a more theoretical understanding of the evolution of inequality. It is seen to be the product of two forces : Kuznets cycles of rising and decreasing within-nation inequalities, and convergence of mean incomes among countries. The relative strength of these two forces has profound political implications : Shall we live in the world of class cleavages, or of huge international income gaps ? Is the world to be ruled by the global top 1 percent or by a large global middle class ?" Joseph Stiglitz, Columbia University.

Global Inequality

Author : Branko Milanovic
ISBN : 9780674969766
Genre : Business & Economics
File Size : 74. 70 MB
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Branko Milanovic presents a bold account of the dynamics that drive inequality on a global scale. Using vast data sets, he explains the forces that make inequality rise and fall within and among nations over time. He reveals who has been helped by globalization, who has been hurt, andwhat policies might tilt the balance toward economic justice.

Global Inequality

Author : Branko Milanovic
ISBN : 067498403X
Genre : Business & Economics
File Size : 66. 96 MB
Format : PDF, ePub
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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

The Haves And The Have Nots

Author : Branko Milanovic
ISBN : 9780465022304
Genre : Business & Economics
File Size : 68. 88 MB
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Who is the richest person in the world, ever? Does where you were born affect how much money you'll earn over a lifetime? How would we know? Why--beyond the idle curiosity--do these questions even matter? In The Haves and the Have-Nots, Branko Milanovic, one of the world's leading experts on wealth, poverty, and the gap that separates them, explains these and other mysteries of how wealth is unevenly spread throughout our world, now and through time. Milanovic uses history, literature and stories straight out of today's newspapers, to discuss one of the major divisions in our social lives: between the haves and the have-nots. He reveals just how rich Elizabeth Bennet's suitor Mr. Darcy really was; how much Anna Karenina gained by falling in love; how wealthy ancient Romans compare to today's super-rich; where in Kenyan income distribution was Obama's grandfather; how we should think about Marxism in a modern world; and how location where one is born determines his wealth. He goes beyond mere entertainment to explain why inequality matters, how it damages our economics prospects, and how it can threaten the foundations of the social order that we take for granted. Bold, engaging, and illuminating, The Haves and the Have-Nots teaches us not only how to think about inequality, but why we should.

The Value Of Everything

Author : Mariana Mazzucato
ISBN : 9781610396752
Genre : Business & Economics
File Size : 63. 52 MB
Format : PDF
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Modern economies reward activities that extract value rather than create it. This must change to ensure a capitalism that works for us all. Longlisted for the FT & McKinsey Business Book of the Year Award A scathing indictment of our current global financial system, The Value of Everything rigorously scrutinizes the way in which economic value has been accounted and reveals how economic theory has failed to clearly delineate the difference between value creation and value extraction. Mariana Mazzucato argues that the increasingly blurry distinction between the two categories has allowed certain actors in the economy to portray themselves as value creators, while in reality they are just moving around existing value or, even worse, destroying it. The book uses case studies-from Silicon Valley to the financial sector to big pharma-to show how the foggy notions of value create confusion between rents and profits, reward extractors and creators, and distort the measurements of growth and GDP. In the process, innovation suffers and inequality rises. The lesson here is urgent and sobering: to rescue our economy from the next inevitable crisis and to foster long-term economic growth, we will need to rethink capitalism, rethink the role of public policy and the importance of the public sector, and redefine how we measure value in our society.

The Globalization Of Inequality

Author : François Bourguignon
ISBN : 9781400885558
Genre : Business & Economics
File Size : 73. 81 MB
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In The Globalization of Inequality, distinguished economist and policymaker François Bourguignon examines the complex and paradoxical links between a vibrant world economy that has raised the living standard of over half a billion people in emerging nations such as China, India, and Brazil, and the exponentially increasing inequality within countries. Exploring globalization's role in the evolution of inequality, Bourguignon takes an original and truly international approach to the decrease in inequality between nations, the increase in inequality within nations, and the policies that might moderate inequality’s negative effects. Demonstrating that in a globalized world it becomes harder to separate out the factors leading to domestic or international inequality, Bourguignon examines each trend through a variety of sources, and looks at how these inequalities sometimes balance each other out or reinforce one another. Factoring in the most recent economic crisis, Bourguignon investigates why inequality in some countries has dropped back to levels that have not existed for several decades, and he asks if these should be considered in the context of globalization or if they are in fact specific to individual nations. Ultimately, Bourguignon argues that it will be up to countries in the developed and developing world to implement better policies, even though globalization limits the scope for some potential redistributive instruments. An informed and original contribution to the current debates about inequality, this book will be essential reading for anyone who is interested in the future of the world economy.

Inequality

Author : Anthony B. Atkinson
ISBN : 9780674287037
Genre : Business & Economics
File Size : 74. 37 MB
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Inequality and poverty have returned with a vengeance in recent decades. To reduce them, we need fresh ideas that move beyond taxes on the wealthy. Anthony B. Atkinson offers ambitious new policies in technology, employment, social security, sharing of capital, and taxation, and he defends them against the common arguments and excuses for inaction.

Global Inequalities

Author : Robert J. Holton
ISBN : 9781137339591
Genre : Social Science
File Size : 46. 12 MB
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What causes global inequality? Why should we be concerned about it? Is inequality getting worse or are there signs of improvement and progress? This critical analysis of the current state of global inequality pushes beyond ideological prejudice and simplistic explanations, to address these important questions. Offering a distinctive response to the many challenges in the area, the text presents a holistic account of inequality by: • taking a multidisciplinary approach, incorporating perspectives from sociology, politics and economics; • recognising the influence of historical trends on inequality today; • and viewing inequality from a global perspective, as well as a national one. Drawing on major theories of inequality and up-to-date evidence, Robert J. Holton guides readers through the complex issues at hand, making this text a valuable resource for students of sociology, global studies, politics and development studies.

Global Capitalism In Disarray

Author : Andrés Solimano
ISBN : 9780190626273
Genre :
File Size : 49. 82 MB
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Global capitalism is affected by the malaises of stagnation, financial fragility, increased income inequality, growing wealth concentration at the top, and a vanishing fair social contract. This book focuses on the incidence of these phenomena in the US, UK, Greece, Spain, Chile, South Africa, Australia, China, and other countries. The book looks at the effects of IMF-ECB led austerity policies in Europe. The book examines concrete country and global conditions combining theory, country studies, historical evidence, and international comparative analysis. The book also proposes new policy priorities to restore stability, reduce inequality, and consolidate democracy in 21st century capitalism.

The Great Leveler

Author : Walter Scheidel
ISBN : 0691165025
Genre : Business & Economics
File Size : 38. 41 MB
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Are mass violence and catastrophes the only forces that can seriously decrease economic inequality? To judge by thousands of years of history, the answer is yes. Tracing the global history of inequality from the Stone Age to today, Walter Scheidel shows that inequality never dies peacefully. Periods of increased equality are usually born of carnage and disaster and are generally short-lived, disappearing with the return of peace and stability. The Great Leveler is the first book to chart the crucial role of violent shocks in reducing inequality over the full sweep of human history around the world. Ever since humans began to farm, herd livestock, and pass on their assets to future generations, economic inequality has been a defining feature of civilization. Over thousands of years, only violent events have significantly lessened inequality. The "Four Horsemen" of leveling--mass-mobilization warfare, transformative revolutions, state collapse, and catastrophic plagues--have repeatedly destroyed the fortunes of the rich. Scheidel identifies and examines these processes, from the crises of the earliest civilizations to the cataclysmic world wars and communist revolutions of the twentieth century. Today, the violence that reduced inequality in the past seems to have diminished, and that is a good thing. But it casts serious doubt on the prospects for a more equal future. An essential contribution to the debate about inequality, The Great Leveler provides important new insights about why inequality is so persistent--and why it is unlikely to decline anytime soon.

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