Inequality, Growth, and Poverty in an Era of Liberalization and Globalization

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Release : 2004-03-18
Genre : Business & Economics
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Book Rating : 410/5 ( reviews)

Inequality, Growth, and Poverty in an Era of Liberalization and Globalization - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Inequality, Growth, and Poverty in an Era of Liberalization and Globalization write by Giovanni Andrea Cornia. This book was released on 2004-03-18. Inequality, Growth, and Poverty in an Era of Liberalization and Globalization available in PDF, EPUB and Kindle. Within-country income inequality has risen since the early 1980s in most of the OECD, all transitional, and many developing countries. More recently, inequality has risen also in India and nations affected by the Asian crisis. Altogether, over the last twenty years, inequality worsened in 70 per cent of the 73 countries analysed in this volume, with the Gini index rising by over five points in half of them. In several cases, the Gini index follows a U-shaped pattern, with theturn-around point located between the late 1970s and early 1990s. Where the shift towards liberalization and globalization was concluded, the right arm of the U stabilized at the 'steady state level of inequality' typical of the new policy regime, as observed in the UK after 1990.Mainstream theory focusing on rises in wage differentials by skill caused by either North-South trade, migration, or technological change poorly explains the recent rise in income inequality. Likewise, while the traditional causes of income polarization-high land concentration, unequal access to education, the urban bias, the 'curse of natural resources'-still account for much of cross-country variation in income inequality, they cannot explain its recent rise.This volume suggests that the recent rise in income inequality was caused to a considerable extent by a policy-driven worsening in factorial income distribution, wage spread and spatial inequality. In this regard, the volume discusses the distributive impact of reforms in trade and financial liberalization, taxation, public expenditure, safety nets, and labour markets. The volume thus represents one of the first attempts to analyse systematically the relation between policy changes inspired byliberalization and globalization and income inequality. It suggests that capital account liberalization appears to have had-on average-the strongest disequalizing effect, followed by domestic financial liberalization, labour market deregulation, and tax reform. Trade liberalization had uncleareffects, while public expenditure reform often had positive effects.

Inequality, Growth and Poverty in the Era of Liberalization and Globalization

Download Inequality, Growth and Poverty in the Era of Liberalization and Globalization PDF Online Free

Author :
Release : 2001
Genre : Developing countries
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Book Rating : 138/5 ( reviews)

Inequality, Growth and Poverty in the Era of Liberalization and Globalization - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Inequality, Growth and Poverty in the Era of Liberalization and Globalization write by Giovanni Andrea Cornia. This book was released on 2001. Inequality, Growth and Poverty in the Era of Liberalization and Globalization available in PDF, EPUB and Kindle.

Inequality, Growth, and Poverty in an Era of Liberalization and Globalization

Download Inequality, Growth, and Poverty in an Era of Liberalization and Globalization PDF Online Free

Author :
Release : 2004-03-18
Genre : Business & Economics
Kind :
Book Rating : 882/5 ( reviews)

Inequality, Growth, and Poverty in an Era of Liberalization and Globalization - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Inequality, Growth, and Poverty in an Era of Liberalization and Globalization write by Giovanni Andrea Cornia. This book was released on 2004-03-18. Inequality, Growth, and Poverty in an Era of Liberalization and Globalization available in PDF, EPUB and Kindle. Within-country income inequality has risen since the early 1980s in most of the OECD, all transitional, and many developing countries. More recently, inequality has risen also in India and nations affected by the Asian crisis. Altogether, over the last twenty years, inequality worsened in 70 per cent of the 73 countries analysed in this volume, with the Gini index rising by over five points in half of them. In several cases, the Gini index follows a U-shaped pattern, with the turn-around point located between the late 1970s and early 1990s. Where the shift towards liberalization and globalization was concluded, the right arm of the U stabilized at the 'steady state level of inequality' typical of the new policy regime, as observed in the UK after 1990. Mainstream theory focusing on rises in wage differentials by skill caused by either North-South trade, migration, or technological change poorly explains the recent rise in income inequality. Likewise, while the traditional causes of income polarization-high land concentration, unequal access to education, the urban bias, the 'curse of natural resources'-still account for much of cross-country variation in income inequality, they cannot explain its recent rise. This volume suggests that the recent rise in income inequality was caused to a considerable extent by a policy-driven worsening in factorial income distribution, wage spread and spatial inequality. In this regard, the volume discusses the distributive impact of reforms in trade and financial liberalization, taxation, public expenditure, safety nets, and labour markets. The volume thus represents one of the first attempts to analyse systematically the relation between policy changes inspired by liberalization and globalization and income inequality. It suggests that capital account liberalization appears to have had-on average-the strongest disequalizing effect, followed by domestic financial liberalization, labour market deregulation, and tax reform. Trade liberalization had unclear effects, while public expenditure reform often had positive effects.

Flat World, Big Gaps

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Author :
Release : 2007
Genre : Business & Economics
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Book Rating : /5 ( reviews)

Flat World, Big Gaps - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Flat World, Big Gaps write by Jomo K.S.. This book was released on 2007. Flat World, Big Gaps available in PDF, EPUB and Kindle. Development economics is experiencing a 'post-Washington Consensus' resurgence, led by the academics collected here, who can now provide rigorous analyses of how liberalisation really affects inequality, poverty, and economic development based on over two decades of empirical data.

Trade, Growth and Inequality in the Era of Globalization

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Release : 2006-04-18
Genre : Business & Economics
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Book Rating : 845/5 ( reviews)

Trade, Growth and Inequality in the Era of Globalization - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Trade, Growth and Inequality in the Era of Globalization write by Kishor Sharma. This book was released on 2006-04-18. Trade, Growth and Inequality in the Era of Globalization available in PDF, EPUB and Kindle. In recent years, globalization has been the subject of considerable research and comment. A major phenomenon, it is open to a variety of interpretations. In particular, the debate over trade liberalization, growth and inequality has come under close scrutiny as demonstrations against globalization have gathered pace. This volume provides a much needed comparative study of the link between globalization, growth and inequality. It assesses how globalization affects growth, inequality and poverty in developing and transition countries. Paying particular attention to eleven low and middle income countries, the authors argue that globalization can actually help reduce poverty and inequity when institutions and physical infrastructures are efficient. Divided into four parts, the book documents the lessons drawn from case studies on Africa, Latin America and Central Asia. A fascinating book which sheds light on many globalization issues, Trade, Growth and Inequality in the Era of Globalization will be of interest to students and researchers of development economics, globalization and international trade.