Inequality of Opportunity, Inequality of Income and Economic Growth

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1484396987
Total Pages : 23 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Inequality of Opportunity, Inequality of Income and Economic Growth by : Mr.Shekhar Aiyar

Download or read book Inequality of Opportunity, Inequality of Income and Economic Growth written by Mr.Shekhar Aiyar and published by International Monetary Fund. This book was released on 2019-02-15 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: We posit that the relationship between income inequality and economic growth is mediated by the level of equality of opportunity, which we identify with intergenerational mobility. In economies characterized by intergenerational rigidities, an increase in income inequality has persistent effects—for example by hindering human capital accumulation— thereby retarding future growth disproportionately. We use several recently developed internationally comparable measures of intergenerational mobility to confirm that the negative impact of income inequality on growth is higher the lower is intergenerational mobility. Our results suggest that omitting intergenerational mobility leads to misspecification, shedding light on why the empirical literature on income inequality and growth has been so inconclusive.

Toxic Inequality

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Publisher : Basic Books
ISBN 13 : 0465094872
Total Pages : 222 pages
Book Rating : 4.4/5 (65 download)

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Book Synopsis Toxic Inequality by : Thomas M. Shapiro

Download or read book Toxic Inequality written by Thomas M. Shapiro and published by Basic Books. This book was released on 2017-03-14 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: From a leading authority on race and public policy, a deeply researched account of how families rise and fall today Since the Great Recession, most Americans' standard of living has stagnated or declined. Economic inequality is at historic highs. But inequality's impact differs by race; African Americans' net wealth is just a tenth that of white Americans, and over recent decades, white families have accumulated wealth at three times the rate of black families. In our increasingly diverse nation, sociologist Thomas M. Shapiro argues, wealth disparities must be understood in tandem with racial inequities -- a dangerous combination he terms "toxic inequality." In Toxic Inequality, Shapiro reveals how these forces combine to trap families in place. Following nearly two hundred families of different races and income levels over a period of twelve years, Shapiro's research vividly documents the recession's toll on parents and children, the ways families use assets to manage crises and create opportunities, and the real reasons some families build wealth while others struggle in poverty. The structure of our neighborhoods, workplaces, and tax code-much more than individual choices-push some forward and hold others back. A lack of assets, far more common in families of color, can often ruin parents' careful plans for themselves and their children. Toxic inequality may seem inexorable, but it is not inevitable. America's growing wealth gap and its yawning racial divide have been forged by history and preserved by policy, and only bold, race-conscious reforms can move us toward a more just society. "Everyone concerned about the toxic effects of inequality must read this book." -- Robert B. Reich "This is one of the most thought-provoking books I have read on economic inequality in the US." -- William Julius Wilson

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.

Communities in Action

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Publisher : National Academies Press
ISBN 13 : 0309452961
Total Pages : 583 pages
Book Rating : 4.3/5 (94 download)

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Book Synopsis Communities in Action by : National Academies of Sciences, Engineering, and Medicine

Download or read book Communities in Action written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2017-04-27 with total page 583 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the United States, some populations suffer from far greater disparities in health than others. Those disparities are caused not only by fundamental differences in health status across segments of the population, but also because of inequities in factors that impact health status, so-called determinants of health. Only part of an individual's health status depends on his or her behavior and choice; community-wide problems like poverty, unemployment, poor education, inadequate housing, poor public transportation, interpersonal violence, and decaying neighborhoods also contribute to health inequities, as well as the historic and ongoing interplay of structures, policies, and norms that shape lives. When these factors are not optimal in a community, it does not mean they are intractable: such inequities can be mitigated by social policies that can shape health in powerful ways. Communities in Action: Pathways to Health Equity seeks to delineate the causes of and the solutions to health inequities in the United States. This report focuses on what communities can do to promote health equity, what actions are needed by the many and varied stakeholders that are part of communities or support them, as well as the root causes and structural barriers that need to be overcome.

New Horizons in Health

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Publisher : National Academies Press
ISBN 13 : 0309072964
Total Pages : 225 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis New Horizons in Health by : National Research Council

Download or read book New Horizons in Health written by National Research Council and published by National Academies Press. This book was released on 2001-03-09 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: New Horizons in Health discusses how the National Institutes of Health (NIH) can integrate research in the social, behavioral, and biomedical sciences to better understand the causes of disease as well as interventions that promote health. It outlines a set of research priorities for consideration by the Office of Behavioral and Social Sciences Research (OBSSR), with particular attention to research that can support and complement the work of the National Institutes of Health. By addressing the range of interactions among social settings, behavioral patterns, and important health concerns, it highlights areas of scientific opportunity where significant investment is most likely to improve nationalâ€"and globalâ€"health outcomes. These opportunities will apply the knowledge and methods of the behavioral and social sciences to contemporary health needs, and give attention to the chief health concerns of the general public.

Rugged Individualism and the Misunderstanding of American Inequality

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Author :
Publisher : Rowman & Littlefield
ISBN 13 : 1611462355
Total Pages : 303 pages
Book Rating : 4.6/5 (114 download)

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Book Synopsis Rugged Individualism and the Misunderstanding of American Inequality by : Lawrence M. Eppard

Download or read book Rugged Individualism and the Misunderstanding of American Inequality written by Lawrence M. Eppard and published by Rowman & Littlefield. This book was released on 2020-02-20 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rugged Individualism and the Misunderstanding of American Inequalityexplores and critiques the widespread perception in the United States that one’s success or failure in life is largely the result of personal choices and individual characteristics. As the authors show, the distinctively individualist ideology of American politics and culture shapes attitudes toward poverty and economic inequality in profound ways, fostering social policies that de-emphasize structural remedies. Drawing on a variety of unique methodologies, the book synthesizes data from large-scale surveys of the American population, and it features both conversations with academic experts and interviews with American citizens intimately familiar with the consequences of economic disadvantage. This mixture of approaches gives readers a fuller understanding of “skeptical altruism,” a concept the authors use to describe the American public’s hesitancy to adopt a more robust and structurally-oriented approach to solving the persistent problem of economic disadvantage.

Does Inequality Matter? How People Perceive Economic Disparities and Social Mobility

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Author :
Publisher : OECD Publishing
ISBN 13 : 9264872000
Total Pages : 165 pages
Book Rating : 4.2/5 (648 download)

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Book Synopsis Does Inequality Matter? How People Perceive Economic Disparities and Social Mobility by : OECD

Download or read book Does Inequality Matter? How People Perceive Economic Disparities and Social Mobility written by OECD and published by OECD Publishing. This book was released on 2021-11-18 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recovery after the COVID-19 crisis requires policies and reforms that tackle inequalities and promote equal opportunities. However, the implementation of such reforms requires widespread support from the public. To better understand what factors drive public support, this report provides a detailed cross-country analysis of people’s perceptions of and concern over inequality.

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.

Inequality Matters

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Publisher :
ISBN 13 : 9789211303223
Total Pages : 0 pages
Book Rating : 4.3/5 (32 download)

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Book Synopsis Inequality Matters by : United Nations. Department of Economic and Social Affairs

Download or read book Inequality Matters written by United Nations. Department of Economic and Social Affairs and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2013 report examines key drivers of inequality that have emerged in the recent past and the impact of rising inequality. It examines trends in social, economic and spatial inequalities and assesses why inequality matters in order to propose policy solutions to this persistent problem, paying particular attention to the potential role of empowerment and participation. The report highlights inequalities within and across countries and shows the cumulative, mutually-reinforcing effects these inequalities have on the systematic lack of participation and disadvantage of some social groups and on the intergenerational transmission of poverty. It discusses the role of economic and political institutions in promoting participation and empowerment.

The Health Gap

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Publisher : Bloomsbury Publishing
ISBN 13 : 1408857987
Total Pages : 426 pages
Book Rating : 4.4/5 (88 download)

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Book Synopsis The Health Gap by : Michael Marmot

Download or read book The Health Gap written by Michael Marmot and published by Bloomsbury Publishing. This book was released on 2015-09-10 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Punchily written ... He leaves the reader with a sense of the gross injustice of a world where health outcomes are so unevenly distributed' Times Literary Supplement 'Splendid and necessary' Henry Marsh, author of Do No Harm, New Statesman There are dramatic differences in health between countries and within countries. But this is not a simple matter of rich and poor. A poor man in Glasgow is rich compared to the average Indian, but the Glaswegian's life expectancy is 8 years shorter. The Indian is dying of infectious disease linked to his poverty; the Glaswegian of violent death, suicide, heart disease linked to a rich country's version of disadvantage. In all countries, people at relative social disadvantage suffer health disadvantage, dramatically so. Within countries, the higher the social status of individuals the better is their health. These health inequalities defy usual explanations. Conventional approaches to improving health have emphasised access to technical solutions – improved medical care, sanitation, and control of disease vectors; or behaviours – smoking, drinking – obesity, linked to diabetes, heart disease and cancer. These approaches only go so far. Creating the conditions for people to lead flourishing lives, and thus empowering individuals and communities, is key to reduction of health inequalities. In addition to the scale of material success, your position in the social hierarchy also directly affects your health, the higher you are on the social scale, the longer you will live and the better your health will be. As people change rank, so their health risk changes. What makes these health inequalities unjust is that evidence from round the world shows we know what to do to make them smaller. This new evidence is compelling. It has the potential to change radically the way we think about health, and indeed society.

Reducing Inequalities

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Author :
Publisher : The Energy and Resources Institute (TERI)
ISBN 13 : 8179935302
Total Pages : 274 pages
Book Rating : 4.1/5 (799 download)

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Book Synopsis Reducing Inequalities by : Rémi Genevey

Download or read book Reducing Inequalities written by Rémi Genevey and published by The Energy and Resources Institute (TERI). This book was released on 2013-01-01 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: The reduction of inequalities within and between countries stands as a policy goal, and deserves to take centre stage in the design of the Sustainable Development Goals agreed during the Rio+20 Summit in 2012.The 2013 edition of A Planet for Life represents a unique international initiative grounded on conceptual and strategic thinking, and – most importantly – empirical experiments, conducted on five continents and touching on multiple realities. This unprecedented collection of works proposes a solid empirical approach, rather than an ideological one, to inform future debate.The case studies collected in this volume demonstrate the complexity of the new systems required to accommodate each country's specific economic, political and cultural realities. These systems combine technical, financial, legal, fiscal and organizational elements with a great deal of applied expertise, and are articulated within a clear, well-understood, growth- and job-generating development strategy.Inequality reduction does not occur by decree; neither does it automatically arise through economic growth, nor through policies that equalize incomes downward via ill conceived fiscal policies. Inequality reduction involves a collaborative effort that must motivate all concerned parties, one that constitutes a genuine political and social innovation, and one that often runs counter to prevailing political and economic forces.

The Promise of Adolescence

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Publisher : National Academies Press
ISBN 13 : 0309490111
Total Pages : 493 pages
Book Rating : 4.3/5 (94 download)

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Book Synopsis The Promise of Adolescence by : National Academies of Sciences, Engineering, and Medicine

Download or read book The Promise of Adolescence written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2019-07-26 with total page 493 pages. Available in PDF, EPUB and Kindle. Book excerpt: Adolescenceâ€"beginning with the onset of puberty and ending in the mid-20sâ€"is a critical period of development during which key areas of the brain mature and develop. These changes in brain structure, function, and connectivity mark adolescence as a period of opportunity to discover new vistas, to form relationships with peers and adults, and to explore one's developing identity. It is also a period of resilience that can ameliorate childhood setbacks and set the stage for a thriving trajectory over the life course. Because adolescents comprise nearly one-fourth of the entire U.S. population, the nation needs policies and practices that will better leverage these developmental opportunities to harness the promise of adolescenceâ€"rather than focusing myopically on containing its risks. This report examines the neurobiological and socio-behavioral science of adolescent development and outlines how this knowledge can be applied, both to promote adolescent well-being, resilience, and development, and to rectify structural barriers and inequalities in opportunity, enabling all adolescents to flourish.

The Oxford Handbook of Economic Inequality

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Publisher : Oxford University Press
ISBN 13 : 0199231370
Total Pages : 759 pages
Book Rating : 4.1/5 (992 download)

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Book Synopsis The Oxford Handbook of Economic Inequality by : Wiemer Salverda

Download or read book The Oxford Handbook of Economic Inequality written by Wiemer Salverda and published by Oxford University Press. This book was released on 2009-02-19 with total page 759 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprehensive analysis of economic inequality in developed countries. The contributors give their view on the state-of-the-art scientific research in their fields and add their own visions of future research.

Inequality and the Fading of Redistributive Politics

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Publisher : UBC Press
ISBN 13 : 0774826010
Total Pages : 482 pages
Book Rating : 4.7/5 (748 download)

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Book Synopsis Inequality and the Fading of Redistributive Politics by : Keith Banting

Download or read book Inequality and the Fading of Redistributive Politics written by Keith Banting and published by UBC Press. This book was released on 2013-09 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: The redistributive state is fading in Canada. Government programs are no longer offsetting the growth in inequality generated by the market. In this book, leading political scientists, sociologists, and economists point to the failure of public policy to contain surging income inequality. A complex mix of forces has reshaped the politics of social policy, including global economic pressures, ideological change, shifts in the influence of business and labour, changes in the party system, and the decline of equality-seeking civil society organizations. This volume demonstrates that action and inaction policy change and policy drift are at the heart of growing inequality in Canada.

The Divide

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Publisher : Random House
ISBN 13 : 1473539277
Total Pages : 368 pages
Book Rating : 4.4/5 (735 download)

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Book Synopsis The Divide by : Jason Hickel

Download or read book The Divide written by Jason Hickel and published by Random House. This book was released on 2017-05-04 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: ________________ As seen on Sky News All Out Politics ‘There’s no understanding global inequality without understanding its history. In The Divide, Jason Hickel brilliantly lays it out, layer upon layer, until you are left reeling with the outrage of it all.’ - Kate Raworth, author of Doughnut Economics · The richest eight people control more wealth than the poorest half of the world combined. · Today, 60 per cent of the world’s population lives on less than $5 a day. · Though global real GDP has nearly tripled since 1980, 1.1 billion more people are now living in poverty. For decades we have been told a story: that development is working, that poverty is a natural phenomenon and will be eradicated through aid by 2030. But just because it is a comforting tale doesn’t make it true. Poor countries are poor because they are integrated into the global economic system on unequal terms, and aid only helps to hide this. Drawing on pioneering research and years of first-hand experience, The Divide tracks the evolution of global inequality – from the expeditions of Christopher Columbus to the present day – offering revelatory answers to some of humanity’s greatest problems. It is a provocative, urgent and ultimately uplifting account of how the world works, and how it can change for the better.

Golden Years?

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Publisher : Russell Sage Foundation
ISBN 13 : 1610448774
Total Pages : 377 pages
Book Rating : 4.6/5 (14 download)

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Book Synopsis Golden Years? by : Deborah Carr

Download or read book Golden Years? written by Deborah Carr and published by Russell Sage Foundation. This book was released on 2019-01-22 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thanks to advances in technology, medicine, Social Security, and Medicare, old age for many Americans is characterized by comfortable retirement, good health, and fulfilling relationships. But there are also millions of people over 65 who struggle with poverty, chronic illness, unsafe housing, social isolation, and mistreatment by their caretakers. What accounts for these disparities among older adults? Sociologist Deborah Carr’s Golden Years? draws insights from multiple disciplines to illuminate the complex ways that socioeconomic status, race, and gender shape the nearly every aspect of older adults’ lives. By focusing on an often-invisible group of vulnerable elders, Golden Years? reveals that disadvantages accumulate across the life course and can diminish the well-being of many. Carr connects research in sociology, psychology, epidemiology, gerontology, and other fields to explore the well-being of older adults. On many indicators of physical health, such as propensity for heart disease or cancer, black seniors fare worse than whites due to lifetimes of exposure to stressors such as economic hardships and racial discrimination and diminished access to health care. In terms of mental health, Carr finds that older women are at higher risk of depression and anxiety than men, yet older men are especially vulnerable to suicide, a result of complex factors including the rigid masculinity expectations placed on this generation of men. Carr finds that older adults’ physical and mental health are also closely associated with their social networks and the neighborhoods in which they live. Even though strong relationships with spouses, families, and friends can moderate some of the health declines associated with aging, women—and especially women of color—are more likely than men to live alone and often cannot afford home health care services, a combination that can be isolating and even fatal. Finally, social inequalities affect the process of dying itself, with white and affluent seniors in a better position to convey their end-of-life preferences and use hospice or palliative care than their disadvantaged peers. Carr cautions that rising economic inequality, the lingering impact of the Great Recession, and escalating rates of obesity and opioid addiction, among other factors, may contribute to even greater disparities between the haves and the have-nots in future cohorts of older adults. She concludes that policies, such as income supplements for the poorest older adults, expanded paid family leave, and universal health care could ameliorate or even reverse some disparities. A comprehensive analysis of the causes and consequences of later-life inequalities, Golden Years? demonstrates the importance of increased awareness, strong public initiatives, and creative community-based programs in ensuring that all Americans have an opportunity to age well.

Disadvantage

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Author :
Publisher : Oxford University Press on Demand
ISBN 13 : 0199278261
Total Pages : 244 pages
Book Rating : 4.1/5 (992 download)

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Book Synopsis Disadvantage by : Jonathan Wolff

Download or read book Disadvantage written by Jonathan Wolff and published by Oxford University Press on Demand. This book was released on 2007-04-26 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors combine a philosophical analysis of the idea of disadvantage with proposals for moving society in the discretion of equality, by 'declustering disadvantage'. The book will help political philosophers, social policy theorists, and practitioners involved in the design and delivery of actual social policy.