Even minute increases in a country's growth rate can result in dramatic changes in living standards over just one generation. - The benefits of growth, however, may not be shared equally. Some may gain less than others, and a fraction of the population may actually be disadvantaged. Recent...

Purpose Four novel trends: water scarcity, income inequality, labor shortage and gentrification, are receiving ever greater attention because of the devastating effects they having on the well-being of humanity. The purpose of this paper is to briefly describe each trend, discuss its effect on...

"US President Barack Obama has called economic inequality the "defining issue of our time." It has inspired the "Occupy" movements, made a French economist into a global celebrity, and given us a new expression--the "one percent." But is our preoccupation with inequality really justified? Or...

Purpose This study aims to analyse the impact of digital divide (DD) on income inequality in sub-Saharan Africa over the period 2004–2016. Design/methodology/approach In applying a finite mixture model (FMM) to a sample of 35 sub-Saharan African (SSA) countries, this study posits that DD...

"Cover" -- "Title" -- "Copyright" -- "Contents" -- "Foreword" -- "Acknowledgments" -- "About the Authors" -- "Abbreviations" -- "Introduction" -- "Motivation and Objectives" -- "Scope" -- "Structure" -- "PART I: THE GLOBAL MANUFACTURING LANDSCAPE" -- "1 Why Manufacturing Has Been Important for...

Cover -- Contents -- Foreword -- Acknowledgements -- Introduction -- 1 The Definition of National Income -- Part I: Income as a flow of expenditures -- 1. Stocks and flows -- 2. Keynes's revolution announced -- 3. The controversy on saving and investment -- 4. I = S: a tautology? -- 5. The...