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World Inequality and Globalization

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  • Bob Sutcliffe
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    Abstract

    The article assesses recent attempts to measure the level and changes in world inequality. It compares results based on country averages, population-weighted inter-country Gini coefficients, and combinations of inter-country and intra-country distribution figures. Most measures agree that inequality grew up to 1980; some suggest that it stabilized or declined slightly after that date, but that conclusion is not definitive. The article argues against reliance on single indicators to measure world inequality as opposed to looking at various measures, including inequality between regions and the ratios of incomes of the poor and the rich. According to several of these measures, inequality has continued to grow. The addition of variables other than income (life expectancy and education) appear to reduce inequality, but this is largely an illusion. Copyright 2004, Oxford University Press.

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    Bibliographic Info

    Article provided by Oxford University Press in its journal Oxford Review of Economic Policy.

    Volume (Year): 20 (2004)
    Issue (Month): 1 (Spring)
    Pages: 15-37

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    Handle: RePEc:oup:oxford:v:20:y:2004:i:1:p:15-37

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    Web page: http://oxrep.oupjournals.org/

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    Cited by:
    1. Simplice A, Asongu, 2012. "African Development: Beyond Income Convergence," MPRA Paper 36054, University Library of Munich, Germany.
    2. Ines Lindner & Holger Strulik, 2014. "The Great Divergence: A Network Approach," Tinbergen Institute Discussion Papers 14-033/II, Tinbergen Institute.
    3. Crow, Ben D, 2006. "Global Statistics," Center for Global, International and Regional Studies, Working Paper Series qt06d5c2h5, Center for Global, International and Regional Studies, UC Santa Cruz.
    4. Lindner, Ines & Strulik, Holger, 2014. "The great divergence: A network approach," Center for European, Governance and Economic Development Research Discussion Papers 193, University of Goettingen, Department of Economics.
    5. Emma Aisbett, 2005. "Why are the Critics so Convinced that Globalization is Bad for the Poor?," NBER Working Papers 11066, National Bureau of Economic Research, Inc.
    6. Wagle, Udaya R., 2007. "Are Economic Liberalization and Equality Compatible? Evidence from South Asia," World Development, Elsevier, vol. 35(11), pages 1836-1857, November.
    7. Milanovic, Branko, 2007. "Where in the world are you? Assessing the importance of circumstance and effort in a world of different mean country incomes and (almost) no migration," MPRA Paper 3420, University Library of Munich, Germany.
    8. Torrisi, Gianpiero & Pike, Andy & Tomaney, John & Tselios, Vassilis, 2011. "(Re-)exploring the link between devolution and regional disparities in Italy," MPRA Paper 32212, University Library of Munich, Germany.

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