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Less Income Inequality And More Growth Are They Compatible Part 3 Income Redistribution Via Taxes And Transfers Across Oecd Countries
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Book Synopsis Income Inequality in OECD Countries by : Peter Hoeller
Download or read book Income Inequality in OECD Countries written by Peter Hoeller and published by World Scientific. This book was released on 2014 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comprehensive review of income inequality issues in the OECD in a cross-country setting. It presents a wealth of data and analysis on the formation of inequality and identifies groups of countries that share similar inequality patterns. It also reviews developments at the extremes of the income distribution, namely poverty, top incomes as well as the distribution of wealth. An important contribution of the book is the careful examination of the determinants of the income distribution, such as globalisation and technical progress as well as the effect of a wide range of economic policies that shape the distribution of income. These include in particular labour market regulations, household taxes and transfers as well as in-kind public services. It also sheds light on an under-researched issue: do policies aimed at boosting economic growth raise or reduce income inequality
Book Synopsis Growth With Inequality: An International Comparison On Income Distribution by : Jinjun Xue
Download or read book Growth With Inequality: An International Comparison On Income Distribution written by Jinjun Xue and published by World Scientific. This book was released on 2012-07-13 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the era of globalization and liberalization, the world is enjoying high growth as well as suffering from the ill-effects of unequal distribution of its economic outcomes. The activities of anti-government demonstrations in China and across the world via the Occupy Wall Street Movement highlight that inequality has become an international phenomenon. It is apparent in both poor countries under authoritarianism and rich countries governed by a democratic regime. Thus, inequality has become not only a hurdle to development but also a threat to social and political stability. The spread of the Jasmine Revolution across parts of North Africa and the Arab Spring are illustrative of what can happen under certain circumstances.This book confirms the inconsistencies between high growth and increasing inequality via a series of case studies across 11 countries, numerous regions, and OECD members. Many of the case studies draw upon original household surveys. Our findings indicate the seriousness of income inequality, explore factors that have caused the inequality and analyze their economic and social consequences.The book raises, and deals with, three key questions: (1) Can high growth reduce inequality gradually? (2) Can government intervention be effective in equalizing income distribution? (3) Is the income disparity an engine for, or an obstacle of, high growth?
Book Synopsis Fiscal Policy and Income Inequality by : International Monetary Fund
Download or read book Fiscal Policy and Income Inequality written by International Monetary Fund and published by International Monetary Fund. This book was released on 2014-07-03 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: NULL
Book Synopsis Reallocating Public Spending to Reduce Income Inequality: Can It Work? by : Djeneba Doumbia
Download or read book Reallocating Public Spending to Reduce Income Inequality: Can It Work? written by Djeneba Doumbia and published by International Monetary Fund. This book was released on 2019-09-06 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can a government reduce income inequality by changing the composition of public spending while keeping the total level of expenditure fixed? Using newly assembled data on spending composition for 83 countries across all income groups, this paper shows that reallocating spending toward social protection and infrastructure is associated with reduced income inequality, particularly when it is financed through cuts in defense spending. However, the political and security situation matters. The analysis does not find evidence that lowering defense spending to finance infrastructure and social outlays improves income distribution in countries with weak institutions and at higher risk of conflict. Reallocating social protection and infrastructure spending towards other types of spending tends to increase income inequality. Accounting for the long-term impact of health spending, and particularly education spending, helps to better capture the equalizing effects of these expenditures. The paper includes a discussion of the implications of the findings for Indonesia, a major emerging market where income inequality is at the center of policy issues.
Book Synopsis Economic Policy Reforms 2012 Going for Growth by : OECD
Download or read book Economic Policy Reforms 2012 Going for Growth written by OECD and published by OECD Publishing. This book was released on 2012-02-24 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: Going for Growth is the OECD’s annual report highlighting developments in structural policies in OECD countries. It identifies structural reform priorities to boost real income for each OECD country and key emerging economies.
Book Synopsis Inequality and Growth by : Theo S. Eicher
Download or read book Inequality and Growth written by Theo S. Eicher and published by MIT Press. This book was released on 2003 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essays exploring the relationship between economic growth and inequality and the implications for policy makers.
Book Synopsis OECD Economic Surveys: Luxembourg 2012 by : OECD
Download or read book OECD Economic Surveys: Luxembourg 2012 written by OECD and published by OECD Publishing. This book was released on 2012-12-13 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: OECD's 2012 Economic Survey of Luxembourg examines recent economic developments, policy and prospects and includes more detailed analyses of social cohesion and green growth.
Book Synopsis Economic Policy Reforms 2013 Going for Growth by : OECD
Download or read book Economic Policy Reforms 2013 Going for Growth written by OECD and published by OECD Publishing. This book was released on 2013-02-15 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Going for Growth is the OECD’s annual report highlighting developments in structural policies in OECD countries. It identifies structural reform priorities to boost real income for each OECD country and key emerging economies (Brazil, China, India, Indonesia, Russia and South Africa).
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 OECD Economic Surveys: Chile 2015 by : OECD
Download or read book OECD Economic Surveys: Chile 2015 written by OECD and published by OECD Publishing. This book was released on 2015-11-25 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2015 OECD Economic Survey of Chile examines recent economic developments, policies and prospects. The special chapter cover: Bringing all Chileans on board.
Book Synopsis Inequality, Inclusive Growth, and Fiscal Policy in Asia by : Donghyun Park
Download or read book Inequality, Inclusive Growth, and Fiscal Policy in Asia written by Donghyun Park and published by Routledge. This book was released on 2015-04-17 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Developing Asia’s sustained rapid growth has improved general living standards and lifted hundreds of millions of Asians out of poverty within a generation. Yet the region now finds itself confronting rising inequality. Countries where inequality has worsened over the past 2 decades collectively account for over 80% of Asia’s population. As a result, governments across the region have begun to accord a higher priority to promoting more inclusive growth. The international experience, especially the experience of the advanced economies, suggests that fiscal policy can make a potent contribution to reducing inequality. This book systematically explores the relationship between both sides of fiscal policy—public spending as well as taxes and other fiscal revenues—and inequality in Asia at great depths. On the basis of the analysis, the book sets forth a number of concrete options for rendering fiscal policy a more effective tool for more inclusive growth that benefits all Asians. Inequality, Inclusive Growth, and Fiscal Policy in Asia is written in response to an issue of growing demand in most Asian countries, and it comes at a time when Asian governments are also beginning to use fiscal policy to bridge the glaring disparities between the rich and the poor of the region. As such, the book will be a highly valuable reference for researchers, policy makers, and students as well.
Book Synopsis OECD Economic Surveys: Colombia 2013 Economic Assessment by : OECD
Download or read book OECD Economic Surveys: Colombia 2013 Economic Assessment written by OECD and published by OECD Publishing. This book was released on 2013-01-31 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: OECD's 2013 Economic Survey of Colombia examines recent economic developments, policies, and prospects as well as taking a more detailed look at inequality and productivity and growth.
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 OECD Economic Surveys: Korea 2012 by : OECD
Download or read book OECD Economic Surveys: Korea 2012 written by OECD and published by OECD Publishing. This book was released on 2012-04-26 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: OECD's 2012 Economic Survey of Korea examines recent economic developments, policies and prospects. In addition, it includes special chapters covering sustaining convergence to the highest-income countries and promoting social cohesion.
Book Synopsis OECD Economic Surveys: France 2013 by : OECD
Download or read book OECD Economic Surveys: France 2013 written by OECD and published by OECD Publishing. This book was released on 2013-03-19 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: OECD's 2013 Economic Survey of France examines recent economic developments, policies and prospects and includes special chapters covering taxes and transfers and the economic situation of young people.
Book Synopsis How Do Fiscal and Labor Policies in France Affect Inequality? by : Mr.Raphael A. Espinoza
Download or read book How Do Fiscal and Labor Policies in France Affect Inequality? written by Mr.Raphael A. Espinoza and published by International Monetary Fund. This book was released on 2016-03-02 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores the impact of fiscal and labor market policies on efficiency, inequality, and fiscal outcomes in France. We extend the general equilibrium model calibrated for France by Alla and others (2015), with measures of labor and capital income for different groups in the economy (the unemployed, unskilled workers, skilled workers, public servants). For each of these groups we combine data on the income distribution with the outcomes of policy simulations to assess the impact of a suite of stylized policies on output, the fiscal balance, the Gini coefficient, and the shape of the Lorenz curve. We find that most types of fiscal expansions, while adding to the deficit and debt in the near term, generally reduce inequality, the main exception being capital income tax cuts. A reduction of the minimum wage has an ambiguous impact on the income distribution: the Gini coefficient increases, but the lowest income quintile improves its relative position in the income distribution thanks to positive employment effects. The paper also finds scope for “win-win” policy packages that could improve overall efficiency, inequality, and fiscal outcomes, for instance if targeted labor tax reductions are offset by cuts in the public wage bill.
Book Synopsis OECD Economic Outlook, Volume 2012 Issue 2 by : OECD
Download or read book OECD Economic Outlook, Volume 2012 Issue 2 written by OECD and published by OECD Publishing. This book was released on 2012-12-17 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: The OECD Economic Outlook is the OECD’s twice-yearly analysis of the major economic trends and prospects for the next two years.
