Globalization of Inequality

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A01=Francois Bourguignon
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Author_Francois Bourguignon
Calculation
Capital gain
Capital in the Twenty-First Century
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Category=KCM
Commodity
Competition
Consumption (economics)
Convergence (economics)
Debt
Deindustrialization
Deregulation
Developed country
Development aid
Economic development
Economic efficiency
Economic growth
Economic inequality
Economics
Economist
Economy
Emmanuel Saez
Employment
Entrepreneurship
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eq_business-finance-law
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eq_non-fiction
Factors of production
Financial crisis
Financial services
Foreign direct investment
Globalization
Governance
Household
Incentive
Income
Income distribution
Inflation
International trade
Latin America
Liberalization
Long Term
Market mechanism
Measures of national income and output
Middle class
Minimum wage
Payroll
Percentage point
Poverty
Poverty reduction
Productivity
Quarterly Journal of Economics
Recession
Redistribution of income and wealth
Remuneration
Salary
Social protection
Standard of living
Supply (economics)
Tax
Tax rate
Tax reform
Thomas Piketty
Trade-off
Unemployment
Unemployment benefits
Value chain
Wage
Wealth
Welfare
Workforce
World Bank Group
World economy
Year

Product details

  • ISBN 9780691175645
  • Weight: 340g
  • Dimensions: 140 x 216mm
  • Publication Date: 24 Jan 2017
  • Publisher: Princeton University Press
  • Publication City/Country: US
  • Product Form: Paperback
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In The Globalization of Inequality, distinguished economist and policymaker Francois Bourguignon examines the complex and paradoxical links between a vibrant world economy that has raised the living standard of over half a billion people in emerging nations such as China, India, and Brazil, and the exponentially increasing inequality within countries. Exploring globalization's role in the evolution of inequality, Bourguignon takes an original and truly international approach to the decrease in inequality between nations, the increase in inequality within nations, and the policies that might moderate inequality's negative effects. Demonstrating that in a globalized world it becomes harder to separate out the factors leading to domestic or international inequality, Bourguignon examines each trend through a variety of sources, and looks at how these inequalities sometimes balance each other out or reinforce one another. Factoring in the most recent economic crisis, Bourguignon investigates why inequality in some countries has dropped back to levels that have not existed for several decades, and he asks if these should be considered in the context of globalization or if they are in fact specific to individual nations. Ultimately, Bourguignon argues that it will be up to countries in the developed and developing world to implement better policies, even though globalization limits the scope for some potential redistributive instruments. An informed and original contribution to the current debates about inequality, this book will be essential reading for anyone who is interested in the future of the world economy.
Francois Bourguignon is professor emeritus and former director at the Paris School of Economics. From 2003 to 2007 he was chief economist and senior vice president of the World Bank.

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