Inequality and the Instability of Polity and Policy

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Inequality and the Instability of Polity and Policy by : Pushan Dutt

Download or read book Inequality and the Instability of Polity and Policy written by Pushan Dutt and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, we create alternative measures of political instability, which capture movements only from dictatorship to democracy and vice versa (consistent with the recent theoretical work by Acemoglu and Robinson) but, unlike older, well known measures do not capture government changes that preserve the democratic or dictatorial structure of the country. Our empirical work clearly shows that inequality is positively correlated with our measures of political instability as well as with a well-known measure (used by Alesina and Perotti), but the impact of inequality on the latter is only through components of political instability as captured in our measures. We also find that our measure of political instability has significant policy implications - it increases the volatility of both trade and fiscal policies. Furthermore, policy volatility exercises a debilitating influence by intensifying the volatility of output. Output volatility is affected by political instability but only through its effect on policy volatility. We find strong evidence of a channel that starts from inequality, which then affects political instability (as measured by us), which in turn affects policy volatility and then output volatility. Finally, we examine and find that the instability of policy and polity has adverse effects on both investment and economic growth.

Inequality After the Transition

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Publisher : Oxford University Press, USA
ISBN 13 : 0198826923
Total Pages : 349 pages
Book Rating : 4.1/5 (988 download)

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Book Synopsis Inequality After the Transition by : Ekrem Karakoç

Download or read book Inequality After the Transition written by Ekrem Karakoç and published by Oxford University Press, USA. This book was released on 2018 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the origins and trajectories of political parties, welfare policies, and income inequality, and how the former two affects the latter.

Who Gets What?

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Publisher : Cambridge University Press
ISBN 13 : 1108840205
Total Pages : 353 pages
Book Rating : 4.1/5 (88 download)

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Book Synopsis Who Gets What? by : Frances McCall Rosenbluth

Download or read book Who Gets What? written by Frances McCall Rosenbluth and published by Cambridge University Press. This book was released on 2021-07-29 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: As stable political alliances in democracies have dissolved, populism deepens social and economic divisions rather than addressing economic insecurity.

How to Fight Inequality

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Publisher : John Wiley & Sons
ISBN 13 : 1509543104
Total Pages : 85 pages
Book Rating : 4.5/5 (95 download)

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Book Synopsis How to Fight Inequality by : Ben Phillips

Download or read book How to Fight Inequality written by Ben Phillips and published by John Wiley & Sons. This book was released on 2020-09-29 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inequality is the crisis of our time. The growing gap between a few at the top and the rest of society damages us all. No longer able to deny the crisis, every government in the world is now pledged to fix it – and yet it keeps on getting worse. In this book, international anti-inequality campaigner Ben Phillips shows why winning the debate is not enough: we have to win the fight. Drawing on his insider experience, and his personal exchanges with the real-life heroes of successful movements, he shows how the battle against inequality has been won before, and he shares a practical plan for defeating inequality again. He sets a route map for us to overcome deference, build our collective power, and create a new story. Most books on inequality are about what other people ought to do about it – this book is about why winning the fight needs you. Tired of feeling helpless in the face of spiralling inequality? Want to know what you can do about it? This is the book for you.

Redistribution, Inequality, and Growth

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Publisher : International Monetary Fund
ISBN 13 : 1484397657
Total Pages : 30 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Redistribution, Inequality, and Growth by : Mr.Jonathan David Ostry

Download or read book Redistribution, Inequality, and Growth written by Mr.Jonathan David Ostry and published by International Monetary Fund. This book was released on 2014-02-17 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Fund has recognized in recent years that one cannot separate issues of economic growth and stability on one hand and equality on the other. Indeed, there is a strong case for considering inequality and an inability to sustain economic growth as two sides of the same coin. Central to the Fund’s mandate is providing advice that will enable members’ economies to grow on a sustained basis. But the Fund has rightly been cautious about recommending the use of redistributive policies given that such policies may themselves undercut economic efficiency and the prospects for sustained growth (the so-called “leaky bucket” hypothesis written about by the famous Yale economist Arthur Okun in the 1970s). This SDN follows up the previous SDN on inequality and growth by focusing on the role of redistribution. It finds that, from the perspective of the best available macroeconomic data, there is not a lot of evidence that redistribution has in fact undercut economic growth (except in extreme cases). One should be careful not to assume therefore—as Okun and others have—that there is a big tradeoff between redistribution and growth. The best available macroeconomic data do not support such a conclusion.

How Does Political Instability Affect Economic Growth?

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Publisher : International Monetary Fund
ISBN 13 : 1455211907
Total Pages : 30 pages
Book Rating : 4.4/5 (552 download)

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Book Synopsis How Does Political Instability Affect Economic Growth? by : Mr.Ari Aisen

Download or read book How Does Political Instability Affect Economic Growth? written by Mr.Ari Aisen and published by International Monetary Fund. This book was released on 2011-01-01 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this paper is to empirically determine the effects of political instability on economic growth. Using the system-GMM estimator for linear dynamic panel data models on a sample covering up to 169 countries, and 5-year periods from 1960 to 2004, we find that higher degrees of political instability are associated with lower growth rates of GDP per capita. Regarding the channels of transmission, we find that political instability adversely affects growth by lowering the rates of productivity growth and, to a smaller degree, physical and human capital accumulation. Finally, economic freedom and ethnic homogeneity are beneficial to growth, while democracy may have a small negative effect.

The International Social Survey Programme 1984-2009

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Publisher : Routledge
ISBN 13 : 1134007523
Total Pages : 562 pages
Book Rating : 4.1/5 (34 download)

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Book Synopsis The International Social Survey Programme 1984-2009 by : Max Haller

Download or read book The International Social Survey Programme 1984-2009 written by Max Haller and published by Routledge. This book was released on 2009-09-11 with total page 562 pages. Available in PDF, EPUB and Kindle. Book excerpt: The social sciences rely more on the comparative method than on experimental data mainly because the latter is difficult to acquire amongst human populations. The International Social Survey Programme has played a pioneering role in creating and sustaining methodologically-sophisticated mass attitude surveys across the globe. Starting in 1984 with five nations, it now encompasses forty-five nations spread over five continents, each administering an identical annual survey to a random sample of their population. Analyses of the data or descriptions of the methodology already appear in over 3,000 publications. This book contains new contributions from three dozen eminent scholars who analyse and compare the perceptions and attitudes of citizens across all five continents, nations and over time. Subjects range from inequality and the role of the state; ethnic, national and global identities; the changing relevance of religion, beliefs and practices; gender roles, family values and work orientations; household and society. Some chapters focus on methodological issues; others focus on substantive findings. This book sets new standards for cross-cultural research.

Slowdown

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Publisher : Yale University Press
ISBN 13 : 0300252404
Total Pages : 398 pages
Book Rating : 4.3/5 (2 download)

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Book Synopsis Slowdown by : Danny Dorling

Download or read book Slowdown written by Danny Dorling and published by Yale University Press. This book was released on 2020-03-31 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: The end of our high-growth world was underway well before COVID-19 arrived. In this powerful and timely argument, Danny Dorling demonstrates the benefits of a larger, ongoing societal slowdown Drawing from an incredibly rich trove of global data, this groundbreaking book reveals that human progress has been slowing down since the early 1970s. Danny Dorling uses compelling visualizations to illustrate how fertility rates, growth in GDP per person, and even the frequency of new social movements have all steadily declined over the last few generations. Perhaps most surprising of all is the fact that even as new technologies frequently reshape our everyday lives and are widely believed to be propelling our civilization into new and uncharted waters, the rate of technological progress is also rapidly dropping. Rather than lament this turn of events, Dorling embraces it as a moment of promise and a move toward stability, and he notes that many of the older great strides in progress that have defined recent history also brought with them widespread warfare, divided societies, and massive inequality.

Democracy and Redistribution

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Publisher : Cambridge University Press
ISBN 13 : 9780521532679
Total Pages : 284 pages
Book Rating : 4.5/5 (326 download)

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Book Synopsis Democracy and Redistribution by : Carles Boix

Download or read book Democracy and Redistribution written by Carles Boix and published by Cambridge University Press. This book was released on 2003-07-21 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Employing analytical tools borrowed from game theory, Carles Boix offers a complete theory of political transitions, in which political regimes ultimately hinge on the nature of economic assets, their distribution among individuals, and the balance of power among different social groups. Backed up by detailed historical work and extensive statistical analysis that goes back to the mid-nineteenth century, this book explains, among many other things, why democracy emerged in classical Athens. It also discusses the early triumph of democracy in both nineteenth-century agrarian Norway, Switzerland and northeastern America and the failure in countries with a powerful landowning class.

Anti-System Politics

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Publisher : Oxford University Press, USA
ISBN 13 : 0190699760
Total Pages : 353 pages
Book Rating : 4.1/5 (96 download)

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Book Synopsis Anti-System Politics by : Jonathan Hopkin

Download or read book Anti-System Politics written by Jonathan Hopkin and published by Oxford University Press, USA. This book was released on 2020 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent elections in the advanced western democracies have undermined the basic foundations of political systems that had previously beaten back all challenges -- from both the left and the right. The election of Donald Trump to the U.S. presidency, only months after the United Kingdom voted to leave the European Union, signaled a dramatic shift in the politics of the rich democracies. In Anti-System Politics, Jonathan Hopkin traces the evolution of this shift and argues that it is a long-term result of abandoning the post-war model of egalitarian capitalism in the 1970s. That shift entailed weakening the democratic process in favor of an opaque, technocratic form of governance that allows voters little opportunity to influence policy. With the financial crisis of the late 2000s these arrangements became unsustainable, as incumbent politicians were unable to provide solutions to economic hardship. Electorates demanded change, and it had to come from outside the system. Using a comparative approach, Hopkin explains why different kinds of anti-system politics emerge in different countries and how political and economic factors impact the degree of electoral instability that emerges. Finally, he discusses the implications of these changes, arguing that the only way for mainstream political forces to survive is for them to embrace a more activist role for government in protecting societies from economic turbulence. A historically-grounded analysis of arguably the most important global political phenomenon at present, Anti-System Politics illuminates how and why the world seems upside down.

Swim or Sink

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Publisher : Warwick Publishing
ISBN 13 :
Total Pages : 336 pages
Book Rating : 4./5 ( download)

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Book Synopsis Swim or Sink by : Paul Oluikpe

Download or read book Swim or Sink written by Paul Oluikpe and published by Warwick Publishing. This book was released on 2024-09-04 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Of all the known vehicles for bringing about social and economic change, policies have the most potential for controversy. This book propounds seven fundamental forces that shape policy success or failure; the economy, politics, ambiguity, complexity, instability, resources and execution. Policy rises and falls on these seven forces. Utilising an incisive, insightful and narrative approach, the author presents vintage cases drawn from many countries and different dispensations in history to illustrate the principles outlined. Policy inevitably interacts with context and contextual issues such as economic downturns, social unrest, geopolitical instability, demographic change, conflicts, migration, and complexity contribute in profound ways to shape policy outcomes across countries on the globe. With rapid technological advancements and innovation, these issues are increasingly pronounced and widely circulated in news media, both traditional and alternative, with consequences for everyone involved. The author concludes that policymakers should embrace complexity and find ways to initiate and coordinate interactions with relevant stakeholders to avoid challenges down the line in the course of implementation. Policymakers, business leaders, politicians, researchers, advocacy groups, strategists, and anyone interested in policy, have in this book a companion offering up a rich tapestry of real policy scenarios to learn from amidst the high-octane and fluid environments where policy interactions and counteractions constantly occur.

The Wealth Effect

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Publisher : Cambridge University Press
ISBN 13 : 1107153743
Total Pages : 597 pages
Book Rating : 4.1/5 (71 download)

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Book Synopsis The Wealth Effect by : Jeffrey M. Chwieroth

Download or read book The Wealth Effect written by Jeffrey M. Chwieroth and published by Cambridge University Press. This book was released on 2019-03-21 with total page 597 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shows how the politics of banking crises has been transformed by the growing 'great expectations' among middle class voters that governments should protect their wealth.

Political Instability as a Source of Growth

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Publisher : Hoover Institution Press
ISBN 13 : 9780817943424
Total Pages : 0 pages
Book Rating : 4.9/5 (434 download)

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Book Synopsis Political Instability as a Source of Growth by : Bruce Bueno de Mesquita

Download or read book Political Instability as a Source of Growth written by Bruce Bueno de Mesquita and published by Hoover Institution Press. This book was released on 2000 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Politics of Poverty Reduction

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Publisher : Oxford University Press, USA
ISBN 13 : 0199692122
Total Pages : 430 pages
Book Rating : 4.1/5 (996 download)

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Book Synopsis The Politics of Poverty Reduction by : Paul Mosley

Download or read book The Politics of Poverty Reduction written by Paul Mosley and published by Oxford University Press, USA. This book was released on 2012-03-29 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: Poor people everywhere are politically weak, and yet poverty in some developing countries has gone down dramatically. Why is this? Using nine country case-studies this book provides answers by examining government alliances, the role of aid donors and NGOs, and policies on labour, tax and expenditure.

Engine of Inequality

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Publisher : John Wiley & Sons
ISBN 13 : 1119726743
Total Pages : 291 pages
Book Rating : 4.1/5 (197 download)

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Book Synopsis Engine of Inequality by : Karen Petrou

Download or read book Engine of Inequality written by Karen Petrou and published by John Wiley & Sons. This book was released on 2021-03-03 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first book to reveal how the Federal Reserve holds the key to making us more economically equal, written by an author with unparalleled expertise in the real world of financial policy Following the 2008 financial crisis, the Federal Reserve’s monetary policy placed much greater focus on stabilizing the market than on helping struggling Americans. As a result, the richest Americans got a lot richer while the middle class shrank and economic and wealth inequality skyrocketed. In Engine of Inequality, Karen Petrou offers pragmatic solutions for creating more inclusive monetary policy and equality-enhancing financial regulation as quickly and painlessly as possible. Karen Petrou is a leading financial-policy analyst and consultant with unrivaled knowledge of what drives the decisions of federal officials and how big banks respond to financial policy in the real world. Instead of proposing legislation that would never pass Congress, the author provides an insider's look at politically plausible, high-impact financial policy fixes that will radically shift the equality balance. Offering an innovative, powerful, and highly practical solution for immediately turning around the enormous nationwide problem of economic inequality, this groundbreaking book: Presents practical ways America can and should tackle economic inequality with fast-acting results Provides revealing examples of exactly how bad economic inequality in America has become no matter how hard we all work Demonstrates that increasing inequality is disastrous for long-term economic growth, political action, and even personal happiness Explains why your bank's interest rates are still only a fraction of what they were even though the rich are getting richer than ever, faster than ever Reveals the dangers of FinTech and BigTech companies taking over banking Shows how Facebook wants to control even the dollars in your wallet Discusses who shares the blame for our economic inequality, including the Fed, regulators, Congress, and even economists Engine of Inequality: The Fed and the Future of Wealth in America should be required reading for leaders, policymakers, regulators, media professionals, and all Americans wanting to ensure that the nation’s financial policy will be a force for promoting economic equality.

Indian Politics and Society since Independence

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Publisher : Routledge
ISBN 13 : 1134132689
Total Pages : 343 pages
Book Rating : 4.1/5 (341 download)

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Book Synopsis Indian Politics and Society since Independence by : Bidyut Chakrabarty

Download or read book Indian Politics and Society since Independence written by Bidyut Chakrabarty and published by Routledge. This book was released on 2008-05-12 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on politics and society in India, this book explores new areas enmeshed in the complex social, economic and political processes in the country. Linking the structural characteristics with the broader sociological context, the book emphasizes the strong influence of sociological issues on politics, such as social milieu shaping and the articulation of the political in day-to-day events. Political events are connected with the ever-changing social, economic and political processes in order to provide an analytical framework to explain ‘peculiarities’ of Indian politics. Bidyut Chakrabarty argues that three major ideological influences of colonialism, nationalism and democracy have provided the foundational values of Indian politics. Structured thematically and chronologically, this work is a useful resource for students of political science, sociology and South Asian studies.

Collateral Damage

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Publisher : Polity
ISBN 13 : 0745652948
Total Pages : 188 pages
Book Rating : 4.7/5 (456 download)

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Book Synopsis Collateral Damage by : Zygmunt Bauman

Download or read book Collateral Damage written by Zygmunt Bauman and published by Polity. This book was released on 2011-06-13 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Zygmunt Bauman is one of the most original and influential social thinkers of our time. This new book focuses on social inequality.