This book examines the two fundamental arguments that are often raised against globalization: that it produces inequality and that it increases poverty. Here Guillermo De la Hesa, Chairman of the Centre for Economic Policy Research (CEPR) and a member of the Group of Thirty, and a leading figure...

I measure the rate of aversion to inequality in consumption as expressed in the development aid given by rich countries to poor ones between 1965 and 2005. Over time, OECD countries have become less concerned about international inequity. Even for a fairly leaky bucket, the consumption rate of...

I measure the rate of aversion to inequality in consumption as expressed in the development aid given by rich countries to poor ones between 1965 and 2005. Over time, OECD countries have become less concerned about international inequity. Even for a fairly leaky bucket, the consumption rate of...

The paper examines the results of a cross section regression analysis against four hypotheses. The primary hypothesis concerned the effect of economic prosperity and growth on “willingness to assist”. The positive prosperity effect was unsurprisingly confirmed. In connection to the second...