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Inequality and Growth: Patterns and Policy

Volume I: Concepts and Analysis

Paperback Engels 2016 9781137554536
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Samenvatting

It was a part of the wisdom of mainstream economics that in the early stages of development inequality would rise but as growth persisted, it would, eventually, decline. Early evidence seemed to suggest that this pattern would be borne out. But, as time passed and growth persisted, inequality continued to grow, casting doubt on the received wisdom. The aim of this two-volume book is to analyze the current state of global and regional inequality, dissect the phenomenal increase in inequality that we have seen occur in recent times, and better understand the complex relationship between inequality and development. The political instability and conflict that we see around the world, arguably, has connection to economic deprivation of large segments of society and the perception of marginalization. This two-volume work acquires a special significance in the light of these developments.

Specificaties

ISBN13:9781137554536
Taal:Engels
Bindwijze:paperback
Uitgever:Palgrave Macmillan UK
Hoofdrubriek:Economie,

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Inhoudsopgave

<p>Introduction: Inequality and Growth: A Preamble; Kaushik Basu, Joseph E. Stiglitz and Vivian Hon<br/> <br/>1. New Theoretical Perspectives on the Distribution of Income and Wealth Among Individuals; Joseph E. Stiglitz <br/><br/>2. Reflections on the 'Equity and Development' World Development Report Ten Years Later; Francois Bourguignon<br/><br/>Commentary: Equity and Development: Revisiting the 2006 World Development Report; Martin Ravallion<br/><br/>3. Person Equivalent Headcount Measures of Poverty; Tony Castleman, James E. Foster and Stephen C. Smith<br/><br/>Comments on 'Person Equivalent Headcount Measures of Poverty'; Bhaskar Dutta<br/><br/>4. How Useful is Inequality of Opportunity as a Policy Construct?; Ravi Kanbur and Adam Wagstaff<br/><br/>Comments on 'How Useful is Inequality of Opportunity as a Policy Construct?; Aristomene Varoudakis <br/><br/>5. Towards a New Definition of Shared Prosperity: A Dynamic Perspective from Three Countries; Hai-Anh H. Dang and Peter Lanjouw <br/><br/>Comments on 'Welfare Dynamics Measurement: Two Definitions of a Vulnerability Line and their Applications'; Sudhir Anand<br/><br/>6. Behavioral Economics and Social Exclusion: Can Interventions Overcome Prejudice?; Karla Hoff<br/><br/>Origin and Evolution of Cognitive Frames: Comments on 'Behavioral Economics and Social Exclusion: Can Interventions Overcome Prejudice?'; Paola Giuliano<br/><br/>7. The Effects of Fiscal Redistribution; Michele Battisti and Joseph Zeira<br/><br/>Comments on 'The Effects of Fiscal Redistribution'; James E. Foster<br/><br/>8. Inequality of Happiness: Evidence of the Compression of the Subjective Well-being Distribution with Economic Growth; John Ifcher and Homa Zarghamee <br/><br/>Why focus on Subjective Well-Being inequality?: Comments on 'Inequality of Happiness: Evidence of the Compression of the Subjective Well-being Distribution with Economic Growth'; Murray Leibbrandt<br/><br/></p>

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        Inequality and Growth: Patterns and Policy