We are used to thinking about inequality within countries--about rich
Americans versus poor Americans, for instance. But what about
inequality between all citizens of the world? Worlds Apart addresses
just how to measure global inequality among individuals, and shows
that inequality is shaped by complex forces often working in different
directions. Branko Milanovic, a top World Bank economist, analyzes
income distribution worldwide using, for the first time, household
survey data from more than 100 countries. He evenhandedly explains the
main approaches to the problem, offers a more accurate way of
measuring inequality among individuals, and discusses the relevant
policies of first-world countries and nongovernmental organizations.
Inequality has increased between nations over the last half century
(richer countries have generally grown faster than poorer countries).
And yet the two most populous nations, China and India, have also
grown fast. But over the past two decades inequality within countries
has increased. As complex as reconciling these three data trends may
be, it is clear: the inequality between the world's individuals is
staggering. At the turn of the twenty-first century, the richest 5
percent of people receive one-third of total global income, as much as
the poorest 80 percent. While a few poor countries are catching up
with the rich world, the differences between the richest and poorest
individuals around the globe are huge and likely growing.
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Produktdetaljer
ISBN
9781400840816
Publisert
2013
Utgiver
Vendor
Princeton University Press
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter