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World Inequality and Globalization

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Author Info
Bob Sutcliffe
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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Publisher 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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  1. 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. [Downloadable!] (restricted)
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  2. Milanovic, Branko, 2008. "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," Policy Research Working Paper Series 4493, The World Bank. [Downloadable!]
    Other versions:
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This page was last updated on 2009-12-4.


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