Income Redistribution Inequality And Democracy

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Income Redistribution, Inequality and Democracy

Author : Hwan Joo Seo,Sung Jin Kang
Publisher : Taylor & Francis
Page : 139 pages
File Size : 47,8 Mb
Release : 2024-06-03
Category : Business & Economics
ISBN : 9781040034767

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Income Redistribution, Inequality and Democracy by Hwan Joo Seo,Sung Jin Kang Pdf

This book examines why democracy has failed to deliver effective solutions to income inequality problems over the last four decades, and if democracy can offer solutions to various increases in inequality in the future. It also addresses what elements are necessary for democracy to serve as an effective alternative for addressing inequality issues. Historical experiences over the past 40 years, including the global financial crisis, not only underscore the need for fresh perspectives on income inequality in economics but also question the ability of democracy to continue providing alternatives for addressing the escalating forms of inequality. Seo and Kang’s response to these inquiries diverge from conventional research in several significant ways. Primarily, what sets this research apart from existing studies is its intensified focus on income inequality as a product of the complex interplay between the political and economic domains, rather than a standalone examination of income inequality in isolation. Through a political economy perspective, this book argues that income inequality and income redistribution are shaped by the institutions, policies, and laws generated by the political system, with their formation and nature being determined by the power distribution among socio-political groups. A useful resource not only to researchers who study political phenomena in the field of economics, but also to scholars who study economic phenomena in the field of politics. Furthermore, it will be particularly intriguing for policy makers concerned with issues of inequality and income redistribution.

Income Redistribution, Inequality and Democracy

Author : Joo Seo Hwan,Jin Kang Sung
Publisher : Unknown
Page : 0 pages
File Size : 41,6 Mb
Release : 2024
Category : Business & Economics
ISBN : 1032695765

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Income Redistribution, Inequality and Democracy by Joo Seo Hwan,Jin Kang Sung Pdf

"This book answers why democracy has failed to deliver effective solutions to income inequality problems over the last four decades, and if democracy can offer solutions to various increases in inequality in the future. It also addresses what elements are necessary for democracy to serve as an effective alternative for addressing inequality issues. Historical experiences over the past 40 years, including the global financial crisis, not only underscore the need for fresh perspectives on income inequality in economics but also question the ability of democracy to continue providing alternatives for addressing the escalating forms of inequality. Seo and Kang's response to these inquiries diverge from conventional research in several significant ways. Primarily, what sets this research apart from existing studies is its intensified focus on income inequality as a product of the complex interplay between the political and economic domains, rather than a standalone examination of income inequality in isolation. Through a political economy perspective, this book argues that income inequality and income redistribution are shaped by the institutions, policies, and laws generated by the political system, with their formation and nature being determined by the power distribution among socio-political groups. A useful resource not only to researchers who study political phenomena in the field of economics, but also to scholars who study economic phenomena in the field of politics. Furthermore, it will be particularly intriguing for policymakers concerned with issues of inequality and income redistribution"--

Democracy, Inequality, and Representation in Comparative Perspective

Author : Pablo Beramendi,Christopher J. Anderson
Publisher : Russell Sage Foundation
Page : 448 pages
File Size : 40,9 Mb
Release : 2008-09-04
Category : Political Science
ISBN : 9781610440448

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Democracy, Inequality, and Representation in Comparative Perspective by Pablo Beramendi,Christopher J. Anderson Pdf

The gap between the richest and poorest Americans has grown steadily over the last thirty years, and economic inequality is on the rise in many other industrialized democracies as well. But the magnitude and pace of the increase differs dramatically across nations. A country’s political system and its institutions play a critical role in determining levels of inequality in a society. Democracy, Inequality, and Representation argues that the reverse is also true—inequality itself shapes political systems and institutions in powerful and often overlooked ways. In Democracy, Inequality, and Representation, distinguished political scientists and economists use a set of international databases to examine the political causes and consequences of income inequality. The volume opens with an examination of how differing systems of political representation contribute to cross-national variations in levels of inequality. Torben Iverson and David Soskice calculate that taxes and income transfers help reduce the poverty rate in Sweden by over 80 percent, while the comparable figure for the United States is only 13 percent. Noting that traditional economic models fail to account for this striking discrepancy, the authors show how variations in electoral systems lead to very different outcomes. But political causes of disparity are only one part of the equation. The contributors also examine how inequality shapes the democratic process. Pablo Beramendi and Christopher Anderson show how disparity mutes political voices: at the individual level, citizens with the lowest incomes are the least likely to vote, while high levels of inequality in a society result in diminished electoral participation overall. Thomas Cusack, Iverson, and Philipp Rehm demonstrate that uncertainty in the economy changes voters’ attitudes; the mere risk of losing one’s job generates increased popular demand for income support policies almost as much as actual unemployment does. Ronald Rogowski and Duncan McRae illustrate how changes in levels of inequality can drive reforms in political institutions themselves. Increased demand for female labor participation during World War II led to greater equality between men and women, which in turn encouraged many European countries to extend voting rights to women for the first time. The contributors to this important new volume skillfully disentangle a series of complex relationships between economics and politics to show how inequality both shapes and is shaped by policy. Democracy, Inequality, and Representation provides deeply nuanced insight into why some democracies are able to curtail inequality—while others continue to witness a division that grows ever deeper.

Democracy and Redistribution

Author : Carles Boix
Publisher : Cambridge University Press
Page : 284 pages
File Size : 42,9 Mb
Release : 2003-07-21
Category : Business & Economics
ISBN : 0521532671

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Democracy and Redistribution by Carles Boix Pdf

Employing analytical tools borrowed from game theory, Carles Boix offers a complete theory of political transitions, in which political regimes ultimately hinge on the nature of economic assets, their distribution among individuals, and the balance of power among different social groups. Backed up by detailed historical work and extensive statistical analysis that goes back to the mid-nineteenth century, this book explains, among many other things, why democracy emerged in classical Athens. It also discusses the early triumph of democracy in both nineteenth-century agrarian Norway, Switzerland and northeastern America and the failure in countries with a powerful landowning class.

Democracy and Income Inequality

Author : Branko Milanovic,Mark Gradstein,Yvonne Ying
Publisher : Unknown
Page : 0 pages
File Size : 50,5 Mb
Release : 2004
Category : Electronic
ISBN : OCLC:1375965353

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Democracy and Income Inequality by Branko Milanovic,Mark Gradstein,Yvonne Ying Pdf

Ideology, as proxied by a country's dominant religion, seems to be related to inequality. In Judeo-Christian societies increased democratization appears to lead to lower inequality; in Muslim and Confucian societies it has an insignificant effect. One reason for this difference may be that Muslim and Confucian societies rely on informal transfers to reach the desired level of inequality, while Judeo-Christian societies, where family ties are weaker, use political action. Standard political economy theories suggest that democratization has a moderating effect on income inequality. But the empirical literature has failed to uncover any such robust relationship. Gradstein, Milanovic, and Ying take another look at the issue. The authors argue that prevailing ideology may be an important determinant of inequality and that the democratization effect "works through" ideology. In societies that value equality highly there is less distributional conflict among income groups, so democratization may have only a negligible effect on inequality. But in societies that value equality less, democratization reduces inequality through redistribution as the poor outvote the rich. The authors' cross-country empirical analysis, covering 126 countries in 1960-98, confirms the hypothesis: ideology, as proxied by a country's dominant religion, seems to be related to inequality. In addition, while in Judeo-Christian societies increased democratization appears to lead to lower inequality, in Muslim and Confucian societies it has an insignificant effect. The authors hypothesize that Muslim and Confucian societies rely on informal transfers to reach the desired level of inequality, while Judeo-Christian societies, where family ties are weaker, use political action. This paper - a product of Poverty and Human Resources, Development Research Group - is part of a larger effort in the group to study inequality and income redistribution. The study was funded by the Bank's Research Support Budget under the research projects "Democracy, Redistribution, and Inequality" (RPO 683-01) and "Deriving World Income Distribution in 1988 and 1993" (RPO 683-68).

Democracy and Income Inequality An Empirical Analysis

Author : Branko Milanovi?, Yvonne Ying, Mark Gradstein
Publisher : World Bank Publications
Page : 50 pages
File Size : 54,9 Mb
Release : 2001
Category : Democracia
ISBN : 8210379456XXX

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Democracy and Income Inequality An Empirical Analysis by Branko Milanovi?, Yvonne Ying, Mark Gradstein Pdf

Ideology, as proxied by a country's dominant religion, seems to be related to inequality. In Judeo-Christian societies increased democratization appears to lower inequality; in Muslim and Confucian societies it has an insignificant effect. One reason for this difference may be that Muslim and Confucian societies rely on informal transfers to reach the desired level of inequality, while Judeo-Christian societies, where family ties are weaker, use political action.

The Great Gap

Author : Merike Blofield
Publisher : Penn State Press
Page : 418 pages
File Size : 44,9 Mb
Release : 2015-08-21
Category : Political Science
ISBN : 9780271073910

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The Great Gap by Merike Blofield Pdf

The relationship between socioeconomic inequality and democratic politics has been one of the central questions in the social sciences from Aristotle on. Recent waves of democratization, combined with deepened global inequalities, have made understanding this relationship ever more crucial. In The Great Gap, Merike Blofield seeks to contribute to this understanding by analyzing inequality and politics in the region with the highest socioeconomic inequalities in the world: Latin America. The chapters, written by prominent scholars in their fields, address the socioeconomic context and inequality of opportunities; elite culture, public opinion, and media framing; capital mobility, campaign financing, representation, and gender equality policies; and taxation and social policies. Aside from the editor, the contributors are Pablo Alegre, Maurício Bugarin, Daniela Campello, Anna Crespo, Francisco H. G. Ferreira, Fernando Filgueira, Liesl Haas, Sallie Hughes, Juan Pablo Luna, James E. Mahon Jr., Juliana Martínez Franzoni, Adriana Cuoco Portugal, Paola Prado, Elisa P. Reis, Luis Reygadas, Sergio Naruhiko Sakurai, and Koen Voorend.

Political Parties, Games and Redistribution

Author : Rosa Mulé
Publisher : Cambridge University Press
Page : 276 pages
File Size : 46,8 Mb
Release : 2001-01-08
Category : Business & Economics
ISBN : 0521793580

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Political Parties, Games and Redistribution by Rosa Mulé Pdf

An analysis of the impact of party politics on income redistribution policy in liberal democracies.

Paradigms of Justice

Author : Denise Celentano,Luigi Caranti
Publisher : Taylor & Francis
Page : 286 pages
File Size : 53,6 Mb
Release : 2020-10-28
Category : Philosophy
ISBN : 9781000206272

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Paradigms of Justice by Denise Celentano,Luigi Caranti Pdf

This book explores the relation between redistribution and recognition, two key paradigms in the contemporary discourse on justice. Combining insights from the traditions of critical social theory and analytical political philosophy, the volume offers a multifaceted exploration of this incredibly inspiring conceptual couple from a plurality of perspectives. The chapters engage with concepts such as universal basic income, property-owning democracy, poverty, equality, self-respect, pluralism, care, and work, all of which have an impact on individuals’ recognition as well as on distributive policies. An important contribution to the field of political and social philosophy, the volume will be useful to scholars and researchers of politics, law, human rights, economics, social justice, as well as policymakers.

Income Inequality and Redistributive Government Spending

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 27 pages
File Size : 50,8 Mb
Release : 2003-01-01
Category : Business & Economics
ISBN : 9781451843149

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Income Inequality and Redistributive Government Spending by International Monetary Fund Pdf

The paper examines empirically the question of whether more unequal societies spend more on income redistribution than their more egalitarian counterparts. Theoretical arguments on this issue are inconclusive. The political economy literature suggests that redistributive spending is higher in unequal societies due to median voter preferences. Alternatively, it can be argued that unequal societies may spend less on redistribution because of capital market imperfections. Based on different data sources, the cross-country evidence reported in this paper suggests that more unequal societies do spend less on redistribution.

Income Inequality in Capitalist Democracies

Author : Vicki L. Birchfield
Publisher : Penn State Press
Page : 255 pages
File Size : 52,7 Mb
Release : 2015-08-26
Category : Political Science
ISBN : 9780271036090

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Income Inequality in Capitalist Democracies by Vicki L. Birchfield Pdf

There has been much concern about rising levels of income inequality in the societies of advanced industrial democracies. Commentators have attributed this increase to the impact of globalization, the decline of the welfare state, or the erosion of the power of labor unions and their allies among left-wing political parties. But little attention has been paid to variations among these countries in the degree of inequality. This is the subject that Vicki Birchfield tackles in this ambitious book. Differences in political institutions have been seen by political scientists as one likely explanation, but Birchfield shows institutional variation to be only one part of the story. Deploying an original conceptualization of political economy as applied democratic theory, she makes the compelling case that cultural values—particularly citizens' attitudes about social justice and about the proper roles of the market and the state—need to be factored into any account that will provide an adequate explanation for the observable patterns. To support her argument, she brings to bear both multivariate statistical analyses and historical comparative case studies, making this book a model for how quantitative and qualitative research can be effectively combined to produce more complete explanations of political and socioeconomic phenomena.

Wage Policy, Income Distribution, and Democratic Theory

Author : Oren M Levin-Waldman
Publisher : Routledge
Page : 256 pages
File Size : 45,8 Mb
Release : 2010-11-23
Category : Business & Economics
ISBN : 9781136881862

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Wage Policy, Income Distribution, and Democratic Theory by Oren M Levin-Waldman Pdf

Wage policy can be broadly defined as a set of institutions designed to bolster the wages of workers, especially for those workers who lack negotiating power. This book concentrates on the relationship between wage policy and the distribution of income and the maintenance of a sustainable democracy. Whereas economists have looked at this issue in relation to labour markets, this book aims to reset the balance by focusing on issues such as equality and democratic theory. This book makes an important contribution to the literature of public policy, political philosophy and political economy. Levin-Waldman argues that wage policy is an important component in the maintenance of democratic society and that a reduction in income inequality can have a positive effect both on personal autonomy and empowerment.

Unequal Democracies

Author : Noam Lupu,Jonas Pontusson
Publisher : Cambridge University Press
Page : 387 pages
File Size : 42,8 Mb
Release : 2023-12-31
Category : Political Science
ISBN : 9781009428644

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Unequal Democracies by Noam Lupu,Jonas Pontusson Pdf

Introduces the latest research on political inequality and its relationship to economic inequalities in North America and Western Europe.

Who Wants What?

Author : David Rueda,Daniel Stegmueller
Publisher : Cambridge University Press
Page : 305 pages
File Size : 42,7 Mb
Release : 2019-10-17
Category : Political Science
ISBN : 9781108484626

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Who Wants What? by David Rueda,Daniel Stegmueller Pdf

Counters existing approaches to the reasons why some people support redistribution and others do not.

Redistribution, Inequality, and Growth

Author : Mr.Jonathan David Ostry,Mr.Andrew Berg,Mr.Charalambos G Tsangarides
Publisher : International Monetary Fund
Page : 30 pages
File Size : 52,6 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.