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Can We Discern The Effect Of Globalization On Income Distribution
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Book Synopsis Can We Discern the Effect of Globalization on Income Distribution? by : Branko Milanovi?
Download or read book Can We Discern the Effect of Globalization on Income Distribution? written by Branko Milanovi? and published by World Bank Publications. This book was released on 2002 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Can We Discern the Effect of Globalization on Income Distribution? Evidence from Household Surveys by :
Download or read book Can We Discern the Effect of Globalization on Income Distribution? Evidence from Household Surveys written by and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: New data derived directly from household surveys are used to examine the effects of globalization on income distribution in poor and rich countries. The article looks at the impact of openness (proxied by the ratio of trade to gdp) and of direct foreign investment on relative income shares across the entire income distribution. It finds strong evidence that at low average income levels, the income share of the poor is smaller in countries that are more open to trade. As national income levels rise, the incomes of the poor and the middle class rise relative to the income of the rich. The article explains why using the trade to gdp ratio in purchasing power parity terms, as favored by some analysts, is inappropriate in studies of the effect of trade on income distribution.
Book Synopsis Can We Discern the Effect of Globalization on Income Distribution? by : Branko Milanovic
Download or read book Can We Discern the Effect of Globalization on Income Distribution? written by Branko Milanovic and published by . This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Can We Discern the Effect of Globalization on Income Distribution? Evidence from Household Surveys by : Branko Milanovic
Download or read book Can We Discern the Effect of Globalization on Income Distribution? Evidence from Household Surveys written by Branko Milanovic and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Distribution of Gains from Globalization by : Valentin F. Lang
Download or read book The Distribution of Gains from Globalization written by Valentin F. Lang and published by International Monetary Fund. This book was released on 2018-03-13 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study economic globalization as a multidimensional process and investigate its effect on incomes. In a panel of 147 countries during 1970-2014, we apply a new instrumental variable, exploiting globalization’s geographically diffusive character, and find differential gains from globalization both across and within countries: Income gains are substantial for countries at early and medium stages of the globalization process, but the marginal returns diminish as globalization rises, eventually becoming insignificant. Within countries, these gains are concentrated at the top of national income distributions, resulting in rising inequality. We find that domestic policies can mitigate the adverse distributional effects of globalization.
Book Synopsis Links Between Growth, Inequality, and Poverty: A Survey by : Ms. Valerie Cerra
Download or read book Links Between Growth, Inequality, and Poverty: A Survey written by Ms. Valerie Cerra and published by International Monetary Fund. This book was released on 2021-03-12 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Global Economic Prospects 2007 by : World Bank
Download or read book Global Economic Prospects 2007 written by World Bank and published by World Bank Publications. This book was released on 2006 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the next 25 years developing countries will move to center stage in the global economy. Global Economic Prospects 2007 analyzes the opportunities - and stresses - this will create. While rich and poor countries alike stand to benefit, the integration process will make more acute stresses already apparent today - in income inequality, in labor markets, and in the environment. Over the next 25 years, rapid technological progress, burgeoning trade in goods and services, and integration of financial markets create the opportunity for faster long-term growth. However, some regions, notably Africa, are at risk of being left behind. The coming globalization will also see intensified stresses on the "global commons." Addressing global warming, preserving marine fisheries, and containing infectious diseases will require effective multilateral collaboration to ensure that economic growth and poverty reduction proceed without causing irreparable harm to future generations."
Book Synopsis Financial Globalization and Inequality: Capital Flows as a Two-Edged Sword by : Mr.Barry J. Eichengreen
Download or read book Financial Globalization and Inequality: Capital Flows as a Two-Edged Sword written by Mr.Barry J. Eichengreen and published by International Monetary Fund. This book was released on 2021-01-08 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: We review the debate on the association of financial globalization with inequality. We show that the within-country distributional impact of capital account liberalization is context specific and that different types of flows have different distributional effects. Their overall impact depends on the composition of capital flows, their interaction, and on broader economic and institutional conditions. A comprehensive set of policies – macroeconomic, financial and labor- and product-market specific – is important for facilitating wider sharing of the benefits of financial globalization.
Book Synopsis Causes and Consequences of Income Inequality by : Ms.Era Dabla-Norris
Download or read book Causes and Consequences of Income Inequality written by Ms.Era Dabla-Norris and published by International Monetary Fund. This book was released on 2015-06-15 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Global Income Inequality by : Branko Milanović
Download or read book Global Income Inequality written by Branko Milanović and published by World Bank Publications. This book was released on 2006 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The paper presents a nontechnical summary of the current state of debate on the measurement and implications of global inequality (inequality between citizens of the world). It discusses the relationship between globalization and global inequality. And it shows why global inequality matters and proposes a scheme for global redistribution. "--World Bank web site.
Book Synopsis The Evolution of World Income Inequality by : Andrés Solimano
Download or read book The Evolution of World Income Inequality written by Andrés Solimano and published by Santiago, Chile : [United Nations], ECLAC. This book was released on 2001 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last two centuries, the world has seen an unprecedented increase in the capacity to create material wealth and undergo technical change. At the same time, this is also a period of large disparities in income per head, living standards across and within countries and regions of the world. Large inequalities can eventually undermine global integration and social stability thus hampering long run growth prospects and the legitimacy of globalization. Policies to reduce global inequalities have to focus on raising growth rates of poorer countries, improving income distribution at the national level and facilitate some global redistribution to low-income nations.
Book Synopsis Making Globalization Work by : Joseph E. Stiglitz
Download or read book Making Globalization Work written by Joseph E. Stiglitz and published by W. W. Norton & Company. This book was released on 2007-08-28 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nobel Prize winner Stiglitz focuses on policies that truly work and offers fresh, new thinking about the questions that shape the globalization debate.
Download or read book Global Economic Prospects 2006 written by and published by World Bank Publications. This book was released on with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: International migration, the movement of people across international boundaries to improve economic opportunity, has enormous implications for growth and welfare in both origin and destination countries. An important benefit to developing countries is the receipt of remittances or transfers from income earned by overseas emigrants. Official data show that development countries' remittance receipts totaled 160 billion in 2004, more than twice the size of official aid. This year's edition of Global Economic Prospects focuses on remittances and migration. The bulk of the book covers remittances.
Book Synopsis Globalization, Poverty, and Income Inequality by : Richard Barichello
Download or read book Globalization, Poverty, and Income Inequality written by Richard Barichello and published by UBC Press. This book was released on 2021-11-15 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization, Poverty, and Income Inequality examines the relationship between globalization and trade liberalization, and poverty and income inequality, using Indonesia as a case study. Contributors examine how advances in coffee certification, treatments for visual disabilities, and property rights, among other factors, have had both meritorious and deleterious effects on the local population. Ultimately, they describe an ambiguous relationship between trade liberalization and inequality, both of which can increase or decrease in proportion to one another depending on region and sector. This empirically driven work provides a nuanced view of the trade-poverty relationship, contributing balanced testimony to policy debates being held internationally.
Book Synopsis Globalization and the Distribution of Wealth by : Arie M. Kacowicz
Download or read book Globalization and the Distribution of Wealth written by Arie M. Kacowicz and published by Cambridge University Press. This book was released on 2013-02-07 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book links theoretical discussions about globalization and the distribution of wealth with a rich empirical analysis of Latin America.
Book Synopsis Global growth and distribution by : Maurizio Bussolo
Download or read book Global growth and distribution written by Maurizio Bussolo and published by World Bank Publications. This book was released on 2007 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Over the past 20 years, aggregate measures of global inequality have changed little even if significant structural changes have been observed. High growth rates of China and India lifted millions out of poverty, while the stagnation in many African countries caused them to fall behind. Using the World Bank's LINKAGE global general equilibrium model and the newly developed Global Income Distribution Dynamics (GIDD) tool, this paper assesses the distribution and poverty effects of a scenario where these trends continue in the future. Even by anticipating a deceleration, growth in China and India is a key force behind the expected convergence of per-capita incomes at the global level. Millions of Chinese and Indian consumers will enter into a rapidly emerging global middle class-a group of people who can afford, and demand access to, the standards of living previously reserved mainly for the residents of developed countries. Notwithstanding these positive developments, fast growth is often characterized by high urbanization and growing demand for skills, both of which result in widening of income distribution within countries. These opposing distributional effects highlight the importance of analyzing global disparities by taking into account - as the GIDD does - income dynamics between and within countries.
Download or read book Worlds Apart written by Branko Milanović and published by Princeton University Press. This book was released on 2005 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Setting the stage : The Three Concepts of Inequality Defined - Other Differences between the Concepts - International and World Inequality Compared / - Inequality among countries: Rising Differences in Per Capita Incomes - Regional Convergence, Divergence, or ... ''Vergence'' - The Shape of International GDP Per Capita Distribution - Winners and Losers: Increasing Dominance of the West / - Global inequality: Concept 2 Inequality: Decreasing in the Past Twenty Years - High Global Inequality: No Trend? - A World without a Middle Class / - Concluding comments: The Three Concepts of Inequality in Historical Perspective - Why Does Global Inequality Matter and What to Do about It?
