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Demography, Growth, and Global Income Inequality

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  • Rougoor, Ward
  • van Marrewijk, Charles

Abstract

Global income inequality has been declining for several decades. We argue that global income inequality will reach its lowest level around 2027 and then will rise again. This development is the result of both economic and demographic forces. By combining economic projections with demographic developments and by using GDP per worker instead of GDP per capita in projecting income levels we emphasize the role of demographics in income inequality. Especially in the long run (after 2030), differences in population growth and population structure between countries in different stages of development are shown to increase global income inequality.

Suggested Citation

  • Rougoor, Ward & van Marrewijk, Charles, 2015. "Demography, Growth, and Global Income Inequality," World Development, Elsevier, vol. 74(C), pages 220-232.
  • Handle: RePEc:eee:wdevel:v:74:y:2015:i:c:p:220-232
    DOI: 10.1016/j.worlddev.2015.05.013
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    References listed on IDEAS

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    1. repec:wsi:serxxx:v:62:y:2017:i:02:n:s0217590815501167 is not listed on IDEAS
    2. repec:gam:jsusta:v:9:y:2017:i:6:p:1046-:d:101639 is not listed on IDEAS
    3. Mikucka, Malgorzata & Sarracino, Francesco & Dubrow, Joshua K., 2017. "When Does Economic Growth Improve Life Satisfaction? Multilevel Analysis of the Roles of Social Trust and Income Inequality in 46 Countries, 1981–2012," World Development, Elsevier, vol. 93(C), pages 447-459.

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