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Competing concepts of inequality in the globalization debate

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  • Ravallion, Martin

Abstract

Differing value judgments in measuring inequality underlie the conflicting factual claims about how much poor people have shared in the economic gains from globalization. Opponents in the debate differ in the extent to which they care about relative inequality versus absolute inequality, vertical inequalities versus horizontal inequalities, and whether they are consistently individualistic in assessing the extent of inequality. The value judgments on these issues made by both sides need greater scrutiny if the globalization debate is to move forward.

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Bibliographic Info

Paper provided by The World Bank in its series Policy Research Working Paper Series with number 3243.

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Date of creation: 01 Mar 2004
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Handle: RePEc:wbk:wbrwps:3243

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Keywords: Poverty Impact Evaluation; Environmental Economics&Policies; Poverty Monitoring&Analysis; Services&Transfers to Poor; Economic Theory&Research; Inequality; Governance Indicators; Services&Transfers to Poor; Safety Nets and Transfers; Rural Poverty Reduction;

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