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regions. The rise in inequality is related to declining incentives for interregional labor mobility, especially for poor …Growing regional inequality within countries has raised the perception that 'some places and people' are left behind … stylized facts on regional inequality for OECD countries. It shows that regional disparity in per-capita GDP is large (even …
Persistent link: https://www.econbiz.de/10012102220
. Socioeconomic outcomes remain worse in lagging regions despite faster growth and convergence in income levels. The twin shocks of … COVID-19 and lower oil prices appear to have impacted richer regions disproportionately. Compared to other large countries … regions. Transfers from the federal budget to the regions provide some redistribution by reducing the dispersion in real per …
Persistent link: https://www.econbiz.de/10012613358
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 …
Persistent link: https://www.econbiz.de/10012518886
This paper discusses the theory and practice of tax design to achieve an efficient and equitable outcome, id est in support of inclusive growth. It starts with a discussion of the key principles from tax theory to guide practical tax design. Then, it elaborates on more granular tax policy,...
Persistent link: https://www.econbiz.de/10012485968
This paper uses an individual-level survey conducted by the Edelman Trust Barometer in mid-April for 11 advanced and emerging market economies to examine perceptions of government performance in managing the health and economic crisis, beliefs about the future, and attitudes about...
Persistent link: https://www.econbiz.de/10012518743
Sharing economic benefits equitably across all segments of society includes addressing the specific challenges of different generations. At present, youth and elderly are particularly vulnerable to poverty relative to adults in their middle years. Broad-based policies should aim to foster youth...
Persistent link: https://www.econbiz.de/10012518902
claims that the rise in inequality in many countries can be attributed to the concurrent rise in trade competition …
Persistent link: https://www.econbiz.de/10012518909
In this paper, we review the role of the political economy in inclusive growth. We find that political economy forces on the demand and supply side have weakened redistribution over time and contributed to a new wave of populism. We document growing support for a rethink of the social contract...
Persistent link: https://www.econbiz.de/10012518977
several dimensions. First, it affects the migrants themselves by allowing them to achieve higher income as a result of their … technological transfers. This paper surveys our understanding of how migration affects growth and inequality through the impact on … migrants themselves as well as on the destination and origin countries …
Persistent link: https://www.econbiz.de/10012518988
for future policy priorities. We follow an eclectic approach, classifying a broad set of indicators along six dimensions-inequality … forward a set of descriptive findings. First, income inequality declined substantially but remains high, also compared to … declining inequality where perceived inequality actually increased. Third, notwithstanding an increase in social spending …
Persistent link: https://www.econbiz.de/10012610701