Growth Without Inequality

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Growth Without Inequality

Henry K. H. Woo
Growth Without Inequality Book PDF

Author : Henry K. H. Woo
Publisher : Taylor & Francis
Page : 161 pages
File Size : 42,8 Mb
Release : 2017-03-27
Category : Business & Economics
ISBN : 9781351812016

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Growth Without Inequality by Henry K. H. Woo Pdf

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.

World Social Report 2020

Department of Economic and Social Affairs
World Social Report 2020 Book PDF

Author : Department of Economic and Social Affairs
Publisher : United Nations
Page : 216 pages
File Size : 55,8 Mb
Release : 2020-02-14
Category : Social Science
ISBN : 9789210043670

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World Social Report 2020 by Department of Economic and Social Affairs Pdf

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.

Causes and Consequences of Income Inequality

Ms. Era Dabla-Norris,Ms. Kalpana Kochhar,Mrs. Nujin Suphaphiphat,Mr. Frantisek Ricka,Evridiki Tsounta
Causes and Consequences of Income Inequality Book PDF

Author : Ms. Era Dabla-Norris,Ms. Kalpana Kochhar,Mrs. Nujin Suphaphiphat,Mr. Frantisek Ricka,Evridiki Tsounta
Publisher : International Monetary Fund
Page : 33 pages
File Size : 40,6 Mb
Release : 2015-06-15
Category : Business & Economics
ISBN : 9781513547435

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Causes and Consequences of Income Inequality by Ms. Era Dabla-Norris,Ms. Kalpana Kochhar,Mrs. Nujin Suphaphiphat,Mr. Frantisek Ricka,Evridiki Tsounta Pdf

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.

Inequality and Growth

Theo S. Eicher,Stephen J. Turnovsky
Inequality and Growth Book PDF

Author : Theo S. Eicher,Stephen J. Turnovsky
Publisher : MIT Press
Page : 343 pages
File Size : 52,6 Mb
Release : 2007-01-26
Category : Business & Economics
ISBN : 9780262550642

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Inequality and Growth by Theo S. Eicher,Stephen J. Turnovsky Pdf

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.

Links Between Growth, Inequality, and Poverty: A Survey

Ms. Valerie Cerra,Mr. Ruy Lama,Norman Loayza
Links Between Growth Inequality and Poverty A Survey Book PDF

Author : Ms. Valerie Cerra,Mr. Ruy Lama,Norman Loayza
Publisher : International Monetary Fund
Page : 54 pages
File Size : 42,9 Mb
Release : 2021-03-12
Category : Business & Economics
ISBN : 9781513572666

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Links Between Growth, Inequality, and Poverty: A Survey by Ms. Valerie Cerra,Mr. Ruy Lama,Norman Loayza Pdf

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.

Global Income Inequality

Branko Milanovi?
Global Income Inequality Book PDF

Author : Branko Milanovi?
Publisher : World Bank Publications
Page : 35 pages
File Size : 53,5 Mb
Release : 2006
Category : Equality
ISBN : 8210379456XXX

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Global Income Inequality by Branko Milanovi? Pdf

"The paper presents a nontechnical summary of the current state of debate on the measurement and implications of global inequality (inequality between citizens of the world). It discusses the relationship between globalization and global inequality. And it shows why global inequality matters and proposes a scheme for global redistribution. "--World Bank web site.

Poverty, Inequality, and Inclusive Growth in Asia

Juzhong Zhuang
Poverty Inequality and Inclusive Growth in Asia Book PDF

Author : Juzhong Zhuang
Publisher : Anthem Press
Page : 493 pages
File Size : 55,7 Mb
Release : 2010-05
Category : Business & Economics
ISBN : 9780857288066

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Poverty, Inequality, and Inclusive Growth in Asia by Juzhong Zhuang Pdf

While Asia’s growth record in recent decades is remarkable, it has been marred by rising inequalities. This book looks at recent trends of income and non-income inequalities in developing Asian countries, discusses their underlying driving forces, and examines key policy issues that need to be addressed to ensure that the benefits of growth will be more equitably shared in Asia. The book also presents a set of country studies that provide rich information on growth, poverty and inequality dynamics and the policy challenges that arise in marching toward inclusive growth.

Income Inequality

David Alan Green,William Craig Riddell,France St-Hilaire
Income Inequality Book PDF

Author : David Alan Green,William Craig Riddell,France St-Hilaire
Publisher : Art of the State
Page : 0 pages
File Size : 40,7 Mb
Release : 2016
Category : Political Science
ISBN : 0886453291

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Income Inequality by David Alan Green,William Craig Riddell,France St-Hilaire Pdf

"Rising income inequality has been at the forefront of public debate in Canada in recent years, yet there is still much to be learned about the economic forces driving the distribution of earnings and income in this country and how they might evolve in coming years. With research showing that the tax-and-transfer system is less effective than in the past in counteracting growing income disparities, the need for policy-makers to understand the factors at play is all the more urgent. The Institute for Research on Public Policy, in collaboration with the Canadian Labour Market and Skills Researcher Network, has gathered some of the country’s leading experts to provide new evidence on the causes and effects of rising income inequality in Canada and to consider the role of policy. Their research and analysis constitutes a comprehensive review of Canadian inequality trends in recent decades, including changing earnings and income dynamics among middle--class and top earners, wage and job polarization across provinces, and persistent poverty among vulnerable groups. The authors also examine the changing role of education and unionization, as well as the complex interplay of redistributive policies and politics, in order to propose new directions for policy. Amid growing anxieties about the economic prospects of the middle class, Income Inequality: The Canadian Story will inform the public discourse on this issue of central concern for all Canadians."--Publisher's website.

Growth, Inequality and Poverty

Martin Ravallion
Growth Inequality and Poverty Book PDF

Author : Martin Ravallion
Publisher : World Bank Publications
Page : 32 pages
File Size : 40,6 Mb
Release : 2001
Category : Bienestar economico y social
ISBN : 8210379456XXX

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Growth, Inequality and Poverty by Martin Ravallion Pdf

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.

Growing Unequal? Income Distribution and Poverty in OECD Countries

OECD
Growing Unequal Income Distribution and Poverty in OECD Countries Book PDF

Author : OECD
Publisher : OECD Publishing
Page : 312 pages
File Size : 47,8 Mb
Release : 2008-10-21
Category : Electronic
ISBN : 9789264044197

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Growing Unequal? Income Distribution and Poverty in OECD Countries by OECD Pdf

This report provides evidence of a fairly generalised increase in income inequality over the past two decades across OECD countries, but the timing, intensity and causes of the increase differ from what is typically suggested in the media.

Inequality of Opportunity

Juan Gabriel Rodríguez
Inequality of Opportunity Book PDF

Author : Juan Gabriel Rodríguez
Publisher : Emerald Group Publishing
Page : 259 pages
File Size : 51,9 Mb
Release : 2011-10-12
Category : Business & Economics
ISBN : 9781780520346

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Inequality of Opportunity by Juan Gabriel Rodríguez Pdf

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.

Inequality and Fiscal Policy

Mr.Benedict J. Clements,Ruud A. de Mooij,Mr.Sanjeev Gupta,Mr.Michael Keen
Inequality and Fiscal Policy Book PDF

Author : Mr.Benedict J. Clements,Ruud A. de Mooij,Mr.Sanjeev Gupta,Mr.Michael Keen
Publisher : International Monetary Fund
Page : 450 pages
File Size : 51,8 Mb
Release : 2015-09-21
Category : Business & Economics
ISBN : 9781513567754

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Inequality and Fiscal Policy by Mr.Benedict J. Clements,Ruud A. de Mooij,Mr.Sanjeev Gupta,Mr.Michael Keen Pdf

The sizeable increase in income inequality experienced in advanced economies and many parts of the world since the 1990s and the severe consequences of the global economic and financial crisis have brought distributional issues to the top of the policy agenda. The challenge for many governments is to address concerns over rising inequality while simultaneously promoting economic efficiency and more robust economic growth. The book delves into this discussion by analyzing fiscal policy and its link with inequality. Fiscal policy is the government’s most powerful tool for addressing inequality. It affects households ‘consumption directly (through taxes and transfers) and indirectly (via incentives for work and production and the provision of public goods and individual services such as education and health). An important message of the book is that growth and equity are not necessarily at odds; with the appropriate mix of policy instruments and careful policy design, countries can in many cases achieve better distributional outcomes and improve economic efficiency. Country studies (on the Netherlands, China, India, Republic of Congo, and Brazil) demonstrate the diversity of challenges across countries and their differing capacity to use fiscal policy for redistribution. The analysis presented in the book builds on and extends work done at the IMF, and also includes contributions from leading academics.

Redistribution, Inequality, and Growth

Mr.Jonathan David Ostry,Mr.Andrew Berg,Mr.Charalambos G Tsangarides
Redistribution Inequality and Growth Book PDF

Author : Mr.Jonathan David Ostry,Mr.Andrew Berg,Mr.Charalambos G Tsangarides
Publisher : International Monetary Fund
Page : 30 pages
File Size : 50,5 Mb
Release : 2014-02-17
Category : Business & Economics
ISBN : 9781484397657

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Redistribution, Inequality, and Growth by Mr.Jonathan David Ostry,Mr.Andrew Berg,Mr.Charalambos G Tsangarides Pdf

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.

No Growth Without Equity?

Santiago Levy,Michael Walton
No Growth Without Equity Book PDF

Author : Santiago Levy,Michael Walton
Publisher : World Bank Publications
Page : 476 pages
File Size : 50,5 Mb
Release : 2009
Category : Business & Economics
ISBN : 9780821377680

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No Growth Without Equity? by Santiago Levy,Michael Walton Pdf

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.

Reinventing Prosperity

Graeme Maxton,Jorgen Randers
Reinventing Prosperity Book PDF

Author : Graeme Maxton,Jorgen Randers
Publisher : Greystone Books
Page : 223 pages
File Size : 40,5 Mb
Release : 2016-10-08
Category : Business & Economics
ISBN : 9781771642521

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Reinventing Prosperity by Graeme Maxton,Jorgen Randers Pdf

“An important contribution to the global debate about growth, equality, climate change, and the path to a viable human future.” —David Korten, international bestselling author of When Corporations Rule the World The biggest challenges facing human wellbeing today—widening income inequality, continuing global poverty, and environmental degradation—may be simple to solve in theory. But, because we are required to come up with solutions that are acceptable to a political majority in the rich world, they are much harder to solve in practice. Most of the commonly proposed “solutions” are simply not acceptable to most people. Many of these proposed solutions—like stopping the use of fossil fuels—require a sacrifice today in order to obtain an uncertain advantage in the far future. Therefore they are politically infeasible in the modern world, which is marked by relatively short term thinking. In Reinventing Prosperity, Graeme Maxton and Jorgen Randers provide a new approach altogether through thirteen recommendations which are both politically acceptable and which can be implemented in the current period of slow economic growth around the world. Reinventing Prosperity solves the forty-year-old growth/no-growth standoff, by providing a solution to income inequality, continuing global poverty and climate change, a solution that will provide for economic growth but with a declining ecological footprint. Reinventing Prosperity shows us how to live better on our finite planet—and in ways we can agree on. “An essential guide to those who want to change the world for the better—and for certain.” —Ha-Joon Chang, international bestselling author of 23 Things They Don’t Tell You About Capitalism “[A] well-argued book . . . explaining complex issues in a style that is clear, logical, and succinct.” —Publishers Weekly