Growth Without Inequality PDF Download
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Author | : Henry K. H. Woo |
Publisher | : Taylor & Francis |
Total Pages | : 161 |
Release | : 2017-03-27 |
Genre | : Business & Economics |
ISBN | : 1351812017 |
Download Growth Without Inequality Book in PDF, ePub and Kindle
Cover -- Half title -- Title Page -- Copyright Page -- Table of Contents -- Preface -- Acknowledgements -- PART I: Diagnosis -- 1. Growth and Its Drivers -- 1.1 A Critique of the Standard Growth Theory -- 1.2 Growth Driver I: Institution -- 1.3 Growth-Driver II: Scale -- 1.4 Growth-driver III: Productivity -- 1.5 Explaining Growth Phenomena -- Notes -- 2. Growth and Its Consequences -- 2.1 Price-Value Analytics -- 2.2 Value Hijacked: Scarcity Engineering and Price Manipulation -- 2.3 Value Subverted: Financial Capitalism -- 2.4 How Growth Subverts Equality -- Notes -- PART II: Solution -- 3. The Vain Search for Solution -- 3.1 The Market as a Non-solution for Inequality -- 3.2 Government-market Complementarity as Non-solution for Inequality -- Notes -- 4. The NPV Model and Economy II -- 4.1 The Paradox and Predicaments of the Capitalist System -- 4.2 NPV Model and Economy II -- 4.3 Empowering Economy II - the Idea of Voucher -- 4.4 Operational Details of Economy II - the Natural Person Company -- 4.5 Economy II in Operation - Vouchers -- 4.6 Funding -- 4.7 Possible Drawbacks and Criticisms -- Notes -- 5. Growth Without Inequality -- 5.1 Equality -- 5.2 Growth -- 5.3 Stability -- 5.4 Individual Well-being and Social Harmony -- Notes -- Further Reading -- Index.
Author | : Ms.Era Dabla-Norris |
Publisher | : International Monetary Fund |
Total Pages | : 39 |
Release | : 2015-06-15 |
Genre | : Business & Economics |
ISBN | : 1513547437 |
Download Causes and Consequences of Income Inequality Book in PDF, ePub and Kindle
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.
Author | : Santiago Levy |
Publisher | : World Bank Publications |
Total Pages | : 476 |
Release | : 2009 |
Genre | : Business & Economics |
ISBN | : 082137768X |
Download No Growth Without Equity? Book in PDF, ePub and Kindle
This work examines the relationship between equity and growth in Mexico. It looks at how specific inequalities in power, wealth and status have created and sustained economic institutions and policies that both tend to perpetuate these inequalities and are sources of inefficiences in the economy.
Author | : Ms. Valerie Cerra |
Publisher | : International Monetary Fund |
Total Pages | : 54 |
Release | : 2021-03-12 |
Genre | : Business & Economics |
ISBN | : 1513572660 |
Download Links Between Growth, Inequality, and Poverty: A Survey Book in PDF, ePub and Kindle
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.
Author | : Peter H. Lindert |
Publisher | : Princeton University Press |
Total Pages | : 420 |
Release | : 2017-12-05 |
Genre | : Business & Economics |
ISBN | : 0691178275 |
Download Unequal Gains Book in PDF, ePub and Kindle
A book that rewrites the history of American prosperity and inequality Unequal Gains offers a radically new understanding of the economic evolution of the United States, providing a complete picture of the uneven progress of America from colonial times to today. While other economic historians base their accounts on American wealth, Peter Lindert and Jeffrey Williamson focus instead on income—and the result is a bold reassessment of the American economic experience. America has been exceptional in its rising inequality after an egalitarian start, but not in its long-run growth. America had already achieved world income leadership by 1700, not just in the twentieth century as is commonly thought. Long before independence, American colonists enjoyed higher living standards than Britain—and America's income advantage today is no greater than it was three hundred years ago. But that advantage was lost during the Revolution, lost again during the Civil War, and lost a third time during the Great Depression, though it was regained after each crisis. In addition, Lindert and Williamson show how income inequality among Americans rose steeply in two great waves—from 1774 to 1860 and from the 1970s to today—rising more than in any other wealthy nation in the world. Unequal Gains also demonstrates how the widening income gaps have always touched every social group, from the richest to the poorest. The book sheds critical light on the forces that shaped American income history, and situates that history in a broad global context. Economic writing at its most stimulating, Unequal Gains provides a vitally needed perspective on who has benefited most from American growth, and why.
Author | : Mr.Jonathan David Ostry |
Publisher | : International Monetary Fund |
Total Pages | : 30 |
Release | : 2014-02-17 |
Genre | : Business & Economics |
ISBN | : 1484397657 |
Download Redistribution, Inequality, and Growth Book in PDF, ePub and Kindle
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.
Author | : Theo S. Eicher |
Publisher | : MIT Press |
Total Pages | : 343 |
Release | : 2007-01-26 |
Genre | : Business & Economics |
ISBN | : 0262550644 |
Download Inequality and Growth Book in PDF, ePub and Kindle
Even minute increases in a country's growth rate can result in dramatic changes in living standards over just one generation. The benefits of growth, however, may not be shared equally. Some may gain less than others, and a fraction of the population may actually be disadvantaged. Recent economic research has found both positive and negative relationships between growth and inequality across nations. The questions raised by these results include: What is the impact on inequality of policies designed to foster growth? Does inequality by itself facilitate or detract from economic growth, and does it amplify or diminish policy effectiveness? This book provides a forum for economists to examine the theoretical, empirical, and policy issues involved in the relationship between growth and inequality. The aim is to develop a framework for determining the role of public policy in enhancing both growth and equality. The diverse range of topics, examined in both developed and developing countries, includes natural resources, taxation, fertility, redistribution, technological change, transition, labor markets, and education. A theme common to all the essays is the importance of education in reducing inequality and increasing growth.
Author | : Department of Economic and Social Affairs |
Publisher | : United Nations |
Total Pages | : 216 |
Release | : 2020-02-14 |
Genre | : Social Science |
ISBN | : 9210043677 |
Download World Social Report 2020 Book in PDF, ePub and Kindle
This report examines the links between inequality and other major global trends (or megatrends), with a focus on technological change, climate change, urbanization and international migration. The analysis pays particular attention to poverty and labour market trends, as they mediate the distributional impacts of the major trends selected. It also provides policy recommendations to manage these megatrends in an equitable manner and considers the policy implications, so as to reduce inequalities and support their implementation.
Author | : Juan Gabriel Rodríguez |
Publisher | : Emerald Group Publishing |
Total Pages | : 259 |
Release | : 2011-10-12 |
Genre | : Business & Economics |
ISBN | : 1780520344 |
Download Inequality of Opportunity Book in PDF, ePub and Kindle
Eight papers, both theoretical and applied, on the concept of equality of opportunity which says that a society should guarantee its members equal access to advantage regardless of their circumstances, while holding them responsible for turning that access into actual advantage by the application of effort.
Author | : Martin Ravallion |
Publisher | : World Bank Publications |
Total Pages | : 32 |
Release | : 2001 |
Genre | : Bienestar economico y social |
ISBN | : |
Download Growth, Inequality and Poverty Book in PDF, ePub and Kindle
One side in the current debate about who benefits from growth has focused solely on average impacts on poverty and inequality, while the other side has focused on the diverse welfare impacts found beneath the averages. Both sides have a point.