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Global GDP is more than 100 trillion dollars, yet 10% of the world's population still live in extreme poverty on less than $1.90 per day. No one should have to live like that: alleviating poverty is a minimal moral obligation implied by nearly every secular and religious moral system....
Persistent link: https://www.econbiz.de/10012865676
This paper presents preliminary evidence of the annual global income distribution since 1950 using a new integrated dataset that aggregates standardized country income distributions at the percentile level estimated from various sources in the World Income Inequality Database. I analyse the...
Persistent link: https://www.econbiz.de/10012509562
drivers of inequality in six areas: (i) structural macroeconomic sectoral changes, (ii) globalization and technology change …
Persistent link: https://www.econbiz.de/10014025326
This paper asks whether prioritarianism - the view that social welfare orderings should give explicit priority to the worse-off - is consistent with the normative theory of equality of opportunity. We show that there are inherent tensions between some of the axioms underpinning prioritarianism...
Persistent link: https://www.econbiz.de/10012431403
Just as equality of opportunity becomes an increasingly prominent concept in normative economics, the authors argue that it is also a relevant concept for positive models of the links between distribution and aggregate efficiency. Persuasive microeconomic evidence suggests that inequalities in...
Persistent link: https://www.econbiz.de/10014060088
We study the economic relationship between globalization and inequality within a country. In a partial equilibrium it …, relative consumption inequality between employed and the marginalized always rises by intensified globalization. However in … certain situations the relative income inequality may fall. -- Globalization ; inequality ; marginalization ; policy …
Persistent link: https://www.econbiz.de/10003841950
The Gulf Cooperation Council (GCC) countries accept massive numbers of migrants from poor countries and pay wages that dramatically improve over outside options but are meagre by the standards of natives. As such they do dramatically more per capita to reduce global inequality than do the...
Persistent link: https://www.econbiz.de/10014141591
globalization – ‘the rich get richer, and the poor get poorer'. How relevant is this perception? In my opinion, the question can be … carried out in this paper, and its results suggest that associating globalization only with growing inequality is an … oversimplification of the issue. Furthermore, the selective analyses of globalization's effects – limited to a particular country or …
Persistent link: https://www.econbiz.de/10012853398
Using newly comprehensive data and tools from the Global Consumption and Income Project or CGIP, covering most of the world and five decades, we present a portrait of the changing global distribution of consumption and income and discuss its implications for our understanding of inequality,...
Persistent link: https://www.econbiz.de/10010516605
In this paper we argue that the decline in global inequality over the last decades has spurred a 'sunshine' narrative of falling global inequality that has been rather oversold, in the sense, we argue, it is likely to be temporary. We argue the decline in global inequality will reverse due to...
Persistent link: https://www.econbiz.de/10013170291