The Globalization of Inequality

Business & Finance, Economics, Economic Development
Cover of the book The Globalization of Inequality by François Bourguignon, François Bourguignon, Princeton University Press
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Author: François Bourguignon, François Bourguignon ISBN: 9781400885558
Publisher: Princeton University Press Publication: January 24, 2017
Imprint: Princeton University Press Language: English
Author: François Bourguignon, François Bourguignon
ISBN: 9781400885558
Publisher: Princeton University Press
Publication: January 24, 2017
Imprint: Princeton University Press
Language: English

In The Globalization of Inequality, distinguished economist and policymaker François Bourguignon examines the complex and paradoxical links between a vibrant world economy that has raised the living standard of over half a billion people in emerging nations such as China, India, and Brazil, and the exponentially increasing inequality within countries. Exploring globalization's role in the evolution of inequality, Bourguignon takes an original and truly international approach to the decrease in inequality between nations, the increase in inequality within nations, and the policies that might moderate inequality’s negative effects.

Demonstrating that in a globalized world it becomes harder to separate out the factors leading to domestic or international inequality, Bourguignon examines each trend through a variety of sources, and looks at how these inequalities sometimes balance each other out or reinforce one another. Factoring in the most recent economic crisis, Bourguignon investigates why inequality in some countries has dropped back to levels that have not existed for several decades, and he asks if these should be considered in the context of globalization or if they are in fact specific to individual nations. Ultimately, Bourguignon argues that it will be up to countries in the developed and developing world to implement better policies, even though globalization limits the scope for some potential redistributive instruments.

An informed and original contribution to the current debates about inequality, this book will be essential reading for anyone who is interested in the future of the world economy.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

In The Globalization of Inequality, distinguished economist and policymaker François Bourguignon examines the complex and paradoxical links between a vibrant world economy that has raised the living standard of over half a billion people in emerging nations such as China, India, and Brazil, and the exponentially increasing inequality within countries. Exploring globalization's role in the evolution of inequality, Bourguignon takes an original and truly international approach to the decrease in inequality between nations, the increase in inequality within nations, and the policies that might moderate inequality’s negative effects.

Demonstrating that in a globalized world it becomes harder to separate out the factors leading to domestic or international inequality, Bourguignon examines each trend through a variety of sources, and looks at how these inequalities sometimes balance each other out or reinforce one another. Factoring in the most recent economic crisis, Bourguignon investigates why inequality in some countries has dropped back to levels that have not existed for several decades, and he asks if these should be considered in the context of globalization or if they are in fact specific to individual nations. Ultimately, Bourguignon argues that it will be up to countries in the developed and developing world to implement better policies, even though globalization limits the scope for some potential redistributive instruments.

An informed and original contribution to the current debates about inequality, this book will be essential reading for anyone who is interested in the future of the world economy.

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