In this paper we analyze the dynamics among past major pandemics, economic growth, inequality, and social unrest. We … increase in social unrest by reducing output and increasing inequality. We also find that higher social unrest, in turn, is … associated with lower ourput and higher inequality, pointing to a vicious cycle. Our results suggest that without policy measures …

inequality (Furceri, Loungani, Ostry and Pizzuto, 2020). In this paper, we show that the extent of fiscal consolidation in the … inequality. Episodes marked by extreme austerity-measured using either the government's fiscal balance, health expenditures or … redistribution-have been associated with an increase in the Gini measure of inequality three times as large as in episodes where …

role of social assistance and commodity boom in Brazil, and the inequality puzzle in Egypt. The paper finds that there is a …

This paper focusses on income inequality in Asia, its drivers and policies to combat it. It finds that income … inequality has risen in most of Asia, in contrast to many regions. While in the past, rapid growth in Asia has come with … equity' miracle. There is a growing consensus that high levels of inequality can hamper the pace and sustainability of growth …

ended in late 2020. The challenge will be to avoid a sharp increase in poverty and inequality if the labor market does not …