Global Inequality: A New Approach for the Age of Globalization

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Harvard University Press, Apr 11, 2016 - Business & Economics - 311 pages
Winner of the Bruno Kreisky Prize, Karl Renner Institut A Financial Times Best Economics Book of the Year An Economist Best Book of the Year A Livemint Best Book of the Year One of the world’s leading economists of inequality, Branko Milanovic presents a bold new account of the dynamics that drive inequality on a global scale. Drawing on vast data sets and cutting-edge research, he explains the benign and malign forces that make inequality rise and fall within and among nations. He also reveals who has been helped the most by globalization, who has been held back, and what policies might tilt the balance toward economic justice. “The data [Milanovic] provides offer a clearer picture of great economic puzzles, and his bold theorizing chips away at tired economic orthodoxies.” —The Economist “Milanovic has written an outstanding book...Informative, wide-ranging, scholarly, imaginative and commendably brief. As you would expect from one of the world’s leading experts on this topic, Milanovic has added significantly to important recent works by Thomas Piketty, Anthony Atkinson and François Bourguignon...Ever-rising inequality looks a highly unlikely combination with any genuine democracy. It is to the credit of Milanovic’s book that it brings out these dangers so clearly, along with the important global successes of the past few decades. —Martin Wolf, Financial Times
 

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GLOBAL INEQUALITY: A New Approach for the Age of Globalization

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The rich get richer, and the world gets poorer. Inequality is a constant of history. But, writes economist Milanovic (Luxembourg Income Study Center; The Haves and the Have-Nots: A Brief and ... Read full review

Contents

Introduction
1
Chapter 1 The Rise of the Global Middle Class and Global Plutocrats
10
Chapter 2 Inequality within Countries
46
Chapter 3 Inequality among Countries
118
Chapter 4 Global Inequality in This Century and the Next
155
Chapter 5 What Next?
212
Notes
241
References
265
Index
283
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