Inequality Of Incomes – A Matter Of Fiscal Policy
AbstractOne common criticism of globalization is its inequitable distribution of wealth. This criticism includes the income distribution in favour of developed countries at the expense of poor countries and redistribution of income between social classes of a state. This paper presents the problem of income inequality, viewed from the perspective of fiscal policy. This paper assumes that government or society as a whole cannot fight poverty and social exclusion without analysing what should be normal inequalities in a society, be them economic or social. From this perspective, we analyse income inequality at the global, European and national levels. Furthermore, we analyse the evolution of income in Romania in the last 20 years. By using data published by the World Bank, we determine the pace of income growth for the 5 instalments of 20% of population income.
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Bibliographic InfoArticle provided by University of Craiova, Faculty of Economics and Business Administration in its journal Annals of Computational Economics.
Volume (Year): 1 (2013)
Issue (Month): 41 ()
globalization; income inequality; poverty; fiscal policy; social exclusion;
Find related papers by JEL classification:
- D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
- F68 - International Economics - - Economic Impacts of Globalization - - - Policy
- I14 - Health, Education, and Welfare - - Health - - - Health and Inequality
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