Causes and Consequences of Income Inequality

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1513547437
Total Pages : 39 pages
Book Rating : 4.5/5 (135 download)

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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.

Inequality and Growth

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Author :
Publisher : MIT Press
ISBN 13 : 0262050692
Total Pages : 343 pages
Book Rating : 4.2/5 (62 download)

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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.

Short-term Changes in Income Distribution in Poor Agrarian Economies

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Publisher :
ISBN 13 :
Total Pages : 62 pages
Book Rating : 4.:/5 (89 download)

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Book Synopsis Short-term Changes in Income Distribution in Poor Agrarian Economies by : Ajit Kumar Ghose

Download or read book Short-term Changes in Income Distribution in Poor Agrarian Economies written by Ajit Kumar Ghose and published by . This book was released on 1979 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Working paper on causes and economic implications of famines (starvation) due to inequality in distribution networks, affecting agricultural economies in India - examines the historical characteristics of famines since 1860, and shows that they are caused not only by food shortage but by changes in food security, food production and income distribution. References and statistical tables.

Links Between Growth, Inequality, and Poverty: A Survey

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1513572660
Total Pages : 54 pages
Book Rating : 4.5/5 (135 download)

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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.

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.

Globalization and Poverty

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Publisher : University of Chicago Press
ISBN 13 : 0226318001
Total Pages : 674 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis Globalization and Poverty by : Ann Harrison

Download or read book Globalization and Poverty written by Ann Harrison and published by University of Chicago Press. This book was released on 2007-11-01 with total page 674 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.

Income, Inequality, and Poverty During the Transition from Planned to Market Economy

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Author :
Publisher : World Bank Publications
ISBN 13 : 9780821339947
Total Pages : 256 pages
Book Rating : 4.3/5 (399 download)

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Book Synopsis Income, Inequality, and Poverty During the Transition from Planned to Market Economy by : Branko Milanovi?

Download or read book Income, Inequality, and Poverty During the Transition from Planned to Market Economy written by Branko Milanovi? and published by World Bank Publications. This book was released on 1998 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Bank Technical Paper No. 394. Joint Forest Management (JFM) has emerged as an important intervention in the management of Indias forest resources. This report sets out an analytical method for examining the costs and benefits of JFM arrangements. Two pilot case studies in which the method was used demonstrate interesting outcomes regarding incentives for various groups to participate. The main objective of this study is to develop a better understanding of the incentives for communities to participate in JFM.

Commodity Cycles, Inequality, and Poverty in Latin America

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1484326091
Total Pages : 123 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Commodity Cycles, Inequality, and Poverty in Latin America by : Mr. Ravi Balakrishnan

Download or read book Commodity Cycles, Inequality, and Poverty in Latin America written by Mr. Ravi Balakrishnan and published by International Monetary Fund. This book was released on 2021-04-26 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decades, inequality has risen not just in advanced economies but also in many emerging market and developing economies, becoming one of the key global policy challenges. And throughout the 20th century, Latin America was associated with some of the world’s highest levels of inequality. Yet something interesting happened in the first decade and a half of the 21st century. Latin America was the only region in the World to have experienced significant declines in inequality in that period. Poverty also fell in Latin America, although this was replicated in other regions, and Latin America started from a relatively low base. Starting around 2014, however, and even before the COVID-19 pandemic hit, poverty and inequality gains had already slowed in Latin America and, in some cases, gone into reverse. And the COVID-19 shock, which is still playing out, is likely to dramatically worsen short-term poverty and inequality dynamics. Against this background, this departmental paper investigates the link between commodity prices, and poverty and inequality developments in Latin America.

National Income and Outlay

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Author :
Publisher : Routledge
ISBN 13 : 1136919937
Total Pages : 334 pages
Book Rating : 4.1/5 (369 download)

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Book Synopsis National Income and Outlay by : Colin Clark

Download or read book National Income and Outlay written by Colin Clark and published by Routledge. This book was released on 2019-08-16 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1937. An update of ‘The National Income’ 1924-1931. This volume collates four years of continuous work on the question of amount of expenditure on certain commodities, including new data on income from since 1932, including the Occupation and Industry volumes of the 1931 Census.

Has Latin American Inequality Changed Direction?

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Publisher : Springer
ISBN 13 : 3319446215
Total Pages : 419 pages
Book Rating : 4.3/5 (194 download)

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Book Synopsis Has Latin American Inequality Changed Direction? by : Luis Bértola

Download or read book Has Latin American Inequality Changed Direction? written by Luis Bértola and published by Springer. This book was released on 2017-01-25 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is open access under a CC BY 4.0 license. This book brings together a range of ideas and theories to arrive at a deeper understanding of inequality in Latin America and its complex realities. To so, it addresses questions such as: What are the origins of inequality in Latin America? How can we create societies that are more equal in terms of income distribution, gender equality and opportunities? How can we remedy the social divide that is making Latin America one of the most unequal regions on earth? What are the roles played by market forces, institutions and ideology in terms of inequality? In this book, a group of global experts gathered by the Institute for the Integration of Latin America and the Caribbean (INTAL), part of the Inter-American Development Bank (IDB), show readers how various types of inequality, such as economical, educational, racial and gender inequality have been practiced in countries like Brazil, Bolivia, Chile, Mexico and many others through the centuries. Presenting new ideas, new evidence, and new methods, the book subsequently analyzes how to move forward with second-generation reforms that lay the foundations for more egalitarian societies. As such, it offers a valuable and insightful guide for development economists, historians and Latin American specialists alike, as well as students, educators, policymakers and all citizens with an interest in development, inequality and the Latin American region.

Top Incomes

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Publisher : Oxford University Press
ISBN 13 : 0199286892
Total Pages : 799 pages
Book Rating : 4.1/5 (992 download)

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Book Synopsis Top Incomes by : A. B. Atkinson

Download or read book Top Incomes written by A. B. Atkinson and published by Oxford University Press. This book was released on 2010-04 with total page 799 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume brings together an exciting range of new studies of top incomes in a wide range of countries from around the world. The studies use data from income tax records to cast light on the dramatic changes that have taken place at the top of the income distribution. The results cover 22 countries and have a long time span, going back to 1875.

Role of income inequality in shaping outcomes on individual food insecurity

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Author :
Publisher : Food & Agriculture Org.
ISBN 13 : 9251336091
Total Pages : 44 pages
Book Rating : 4.2/5 (513 download)

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Book Synopsis Role of income inequality in shaping outcomes on individual food insecurity by : Holleman, C., Conti, V.

Download or read book Role of income inequality in shaping outcomes on individual food insecurity written by Holleman, C., Conti, V. and published by Food & Agriculture Org.. This book was released on 2020-11-26 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite relatively high economic growth rates in many developing countries in the last two decades, income inequality has remained high and even increased. This has important policy implications as high-income inequality undercuts the benefits of economic growth in reducing food insecurity. This paper uses the 2014 Gallup World Poll (GWP) dataset of individual food insecurity based on the Food Insecurity Experience Scale (FIES) and employs a three-level linear probability model to assess the macro-economic effects of economic growth and income inequality on individual food insecurity. Results show that increases in the gross domestic product (GDP) per capita are concurrent with declines in individual food insecurity. However, income inequality increases the likelihood of food insecurity, and where there is economic growth it undercuts the positive effect of economic growth on individual food security. The findings suggest that by tackling income inequality, economic growth can become a force for reducing food insecurity, especially in low- and middle-income countries. This paper was prepared as background paper for The State of Food Security and Nutrition in the World 2019.

Agricultural Land Redistribution

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Publisher : World Bank Publications
ISBN 13 : 0821379623
Total Pages : 494 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Agricultural Land Redistribution by : Hans P. Binswanger-Mkhize

Download or read book Agricultural Land Redistribution written by Hans P. Binswanger-Mkhize and published by World Bank Publications. This book was released on 2009-01-01 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite 250 years of land reform all over the World, important land inequalities remain, especially in Latin America and Southern Africa.While in these countries, there is near consensus on the need for redistribution, much controversy persists around how to redistribute land peacefully and legally, often blocking progress on implementation.This book focuses on the "how" of land redistribution in order to forge greater consensus among land reform practitioners and enable them to make better choices on the mechanisms of land reform. Reviews and case studies describe and analyze the al.

Poverty in the Philippines

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Author :
Publisher : Asian Development Bank
ISBN 13 : 9292547410
Total Pages : 188 pages
Book Rating : 4.2/5 (925 download)

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Book Synopsis Poverty in the Philippines by : Asian Development Bank

Download or read book Poverty in the Philippines written by Asian Development Bank and published by Asian Development Bank. This book was released on 2009-12-01 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Against the backdrop of the global financial crisis and rising food, fuel, and commodity prices, addressing poverty and inequality in the Philippines remains a challenge. The proportion of households living below the official poverty line has declined slowly and unevenly in the past four decades, and poverty reduction has been much slower than in neighboring countries such as the People's Republic of China, Indonesia, Thailand, and Viet Nam. Economic growth has gone through boom and bust cycles, and recent episodes of moderate economic expansion have had limited impact on the poor. Great inequality across income brackets, regions, and sectors, as well as unmanaged population growth, are considered some of the key factors constraining poverty reduction efforts. This publication analyzes the causes of poverty and recommends ways to accelerate poverty reduction and achieve more inclusive growth. it also provides an overview of current government responses, strategies, and achievements in the fight against poverty and identifies and prioritizes future needs and interventions. The analysis is based on current literature and the latest available data, including the 2006 Family Income and Expenditure Survey.

Inside Inequality in the Arab Republic of Egypt

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Publisher : World Bank Publications
ISBN 13 : 1464801983
Total Pages : 155 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Inside Inequality in the Arab Republic of Egypt by : Paolo Verme

Download or read book Inside Inequality in the Arab Republic of Egypt written by Paolo Verme and published by World Bank Publications. This book was released on 2014-04-08 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inside Inequality in the Arab Republic of Egypt: Facts and Perceptions Across People, Time, and Space comprises four papers prepared in the framework of the Egypt inequality study financed by the World Bank. The first paper, by Sherine Al-Shawarby, reviews the studies on inequality in Egypt since the 1950s with the double objective of illustrating the importance attributed to inequality through time and of presenting and compare the main published statistics on inequality. The second paper, by Branko Milanovic, turns to the global and spatial dimensions of inequality. The Egyptian society remains deeply divided across space and in terms of welfare, and this study unveils some of the hidden features of this inequality. The third paper, by Paolo Verme, studies facts and perceptions of inequality during the 2000-2009 period, which preceded the Egyptian revolution. The fourth paper, by Sahar El Tawila, May Gadallah, and Enas Ali A.El-Majeed, assesses the state of poverty and inequality among the poorest villages of Egypt. The paper attempts to explain the level of inequality in an effort to disentangle those factors that derive from household abilities from those factors that derive from local opportunities. Inside Inequality in the Arab Republic of Egypt provides some initial elements that could explain the apparent mismatch between inequality measured with household surveys and inequality aversion measured by values surveys. This is a particularly important and timely topic to address in light of the unfolding developments in the Arab region. The book should be of interest to any observer of the political and economic evolution of the Arab region in the past few years and to poverty and inequality specialists interested in a deeper understanding of the distribution of incomes in Egypt and other countries in the Middle East and North Africa region. World Bank Studies are available individually or on standing order. The World Bank Studies series is also available online through the Open Knowledge Repository (https://openknowledge.worldbank.org/) and the World Bank e-Library (www.worldbank.org/elibrary). Book jacket.

Rising Income Inequality

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Author :
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Rising Income Inequality by : Chris Papageorgiou

Download or read book Rising Income Inequality written by Chris Papageorgiou and published by International Monetary Fund. This book was released on 2008-07 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: We examine the relationship between trade and financial globalization and the rise in inequality in most countries in recent decades. We find technological progress as having a greater impact than globalization on inequality. The limited overall impact of globalization reflects two offsetting tendencies: whereas trade globalization is associated with a reduction in inequality, financial globalization-and foreign direct investment in particular-is associated with an increase. A key finding is that both globalization and technological changes increase the returns on human capital, underscoring the importance of education and training in both developed and developing countries in addressing rising inequality.

Agrarian Reform in Contemporary Developing Countries

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Author :
Publisher : Taylor & Francis
ISBN 13 : 1136891773
Total Pages : 385 pages
Book Rating : 4.1/5 (368 download)

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Book Synopsis Agrarian Reform in Contemporary Developing Countries by : Ajit Kumar Ghose

Download or read book Agrarian Reform in Contemporary Developing Countries written by Ajit Kumar Ghose and published by Taylor & Francis. This book was released on 2010-11-29 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Initially published in 1983, in association with the International Labour Organisation (ILO), this book is about the meaning, relevance and process of agrarian reform in contemporary developing countries. It includes seven detailed case studies – one each on Ethiopia, Peru, Chile, Nicaragua, Iran, Kerala, (India) and West Bengal (India). In all the cases, serious contemporary efforts were made to implement agrarian reform programmes and the case studies focus upon selected aspects of this reform process – origins, basic characteristics, problems of implementation and immediate consequences. Each region differs considerably in terms of socio-economic and administrative conditions, but when the reform efforts are placed in their respective historical contexts, several common themes emerge which are dealt with in detail. In all cases, it is clear that agrarian reform is essentially a political process, requiring major social movements and that piecemeal reforms will not solve the grave problems of growth, distribution and poverty in the Third World.