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Income Inequality

Income Inequality
Author: Brian Keeley
Publisher: Org. for Economic Cooperation & Development
Total Pages: 120
Release: 2015-12-21
Genre:
ISBN: 9789264246003

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Income inequality is rising. A quarter of a century ago, the average disposable income of the richest 10% in OECD countries was around seven times higher than that of the poorest 10%; today, it's around 9½ times higher. Why does this matter? Many fear this widening gap is hurting individuals, societies and even economies. This book explores income inequality across five main headings. It starts by explaining some key terms in the inequality debate. It then examines recent trends and explains why income inequality varies between countries. Next it looks at why income gaps are growing and, in particular, at the rise of the 1%. It then looks at the consequences, including research that suggests widening inequality could hurt economic growth. Finally, it examines policies for addressing inequality and making economies more inclusive.


The Gap Between Rich and Poor Nations

The Gap Between Rich and Poor Nations
Author: G. Ranis
Publisher: Springer
Total Pages: 457
Release: 1972-01-01
Genre: Business & Economics
ISBN: 1349154563

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Making Poor Nations Rich

Making Poor Nations Rich
Author: Benjamin Powell
Publisher: Stanford Economics & Finance
Total Pages: 488
Release: 2008
Genre: Business & Economics
ISBN:

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Making Poor Nations Rich illustrates the importance of institutions that support economic freedom and private property rights for promoting the form of productive entrepreneurship that leads to sustained increases in countries' standard of living.


Rich People Poor Countries

Rich People Poor Countries
Author: Caroline Freund
Publisher: Peterson Institute for International Economics
Total Pages: 199
Release: 2016-02-11
Genre: Political Science
ISBN: 0881327042

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Like the robber barons of the 19th century Gilded Age, a new and proliferating crop of billionaires is driving rapid development and industrialization in poor countries. The accelerated industrial growth spurs economic prosperity for some, but it also widens the gap between the super rich and the rest of the population, especially the very poor. In Rich People Poor Countries, Caroline Freund identifies and analyzes nearly 700 emerging-market billionaires whose net worth adds up to more than $2 trillion. Freund finds that these titans of industry are propelling poor countries out of their small-scale production and agricultural past and into a future of multinational industry and service-based mega firms. And more often than not, the new billionaires are using their newfound acumen to navigate the globalized economy, without necessarily relying on political connections, inheritance, or privileged access to resources. This story of emerging-market billionaires and the global businesses they create dramatically illuminates the process of industrialization in the modern world economy.


Inequality in the Developing World

Inequality in the Developing World
Author: Carlos Gradín
Publisher: Oxford University Press
Total Pages: 373
Release: 2021
Genre: Business & Economics
ISBN: 0198863969

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Inequality has emerged as a key development challenge. It holds implications for economic growth and redistribution and translates into power asymmetries that can endanger human rights, create conflict, and embed social exclusion and chronic poverty. For these reasons, it underpins intense public and academic debates and has become a dominant policy concern within many countries and in all multilateral agencies. It is at the core of the 17 goals of the UN 2030 Agenda for Sustainable Development. This book contributes to this important discussion by presenting assessments of the measurement and analysis of global inequality by leading inequality scholars, aligning these to comprehensive reviews of inequality trends in five of the world's largest developing countries - Brazil, China, India, Mexico, and South Africa.


The Gap Between Rich And Poor

The Gap Between Rich And Poor
Author: Mitchell A Seligson
Publisher: Routledge
Total Pages: 410
Release: 2019-07-15
Genre: Social Science
ISBN: 1000301761

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Increasing concern has been expressed by Third World leaders and international organizations alike over the growing gap between rich and poor nations. Between 1950 and 1980 alone, the per capita income gap between low-income and industrialized countries grew from $3,677 to $9,648. In addition, within the developing nations themselves, an ever-widening gap separates the rich from the poor. Other evidence suggests that middle-income countries may be gaining on the rich countries. Some research shows that the gap in education and health is narrowing rather rapidly, and studies of domestic inequality have revealed that growth with equity has occurred in a number of developing nations that have committed themselves to such a policy. This volume presents the evidence for both sides of the debate. It begins by stating the conventional wisdom–that international and internal gaps are widening–and goes on to examine the major explanations offered, which focus on culture, urban bias, dependency, and world-system analysis. The book then presents empirical studies on the existence and causes of the gap, as well as key case studies that challenge the conventional wisdom. Unique in its objectivity, this text does not seek to serve either side of the debate, but instead draws upon the best research in the field to highlight major issues and to present studies that have subjected the differing perspectives to rigorous empirical analysis. It will prove especially useful in courses on Third World development, political economy, comparative politics, development economics, the sociology of development, and related topics.


The Color of Wealth

The Color of Wealth
Author: Barbara Robles
Publisher: The New Press
Total Pages: 336
Release: 2006-06-05
Genre: Business & Economics
ISBN: 1595585621

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For every dollar owned by the average white family in the United States, the average family of color has less than a dime. Why do people of color have so little wealth? The Color of Wealth lays bare a dirty secret: for centuries, people of color have been barred by laws and by discrimination from participating in government wealth-building programs that benefit white Americans. This accessible book—published in conjunction with one of the country’s leading economics education organizations—makes the case that until government policy tackles disparities in wealth, not just income, the United States will never have racial or economic justice. Written by five leading experts on the racial wealth divide who recount the asset-building histories of Native Americans, Latinos, African Americans, Asian Americans, and European Americans, this book is a uniquely comprehensive multicultural history of American wealth. With its focus on public policies—how, for example, many post–World War II GI Bill programs helped whites only—The Color of Wealth is the first book to demonstrate the decisive influence of government on Americans’ net worth.


Wealth And Poverty Of Nations

Wealth And Poverty Of Nations
Author: David S. Landes
Publisher: Hachette UK
Total Pages: 743
Release: 2015-04-20
Genre: Social Science
ISBN: 0349141444

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The history of nations is a history of haves and have-nots, and as we approach the millennium, the gap between rich and poor countries is widening. In this engrossing and important new work, eminent historian David Landes explores the complex, fascinating and often startling causes of the wealth and poverty of nations. The answers are found not only in the large forces at work in economies: geography, religion, the broad swings of politics, but also in the small surprising details. In Europe, the invention of spectacles doubled the working life of skilled craftsmen, and played a prominent role in the creation of articulated machines, and in China, the failure to adopt the clock fundamentally hindered economic development. The relief of poverty is vital to the survival of us all. As David Landes brilliantly shows, the key to future success lies in understanding the lessons the past has to teach us - lessons uniquely imparted in this groundbreaking and vital book which exemplifies narrative history at its best.