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Liberalization, Globalization and Income Distribution

Author

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  • Giovanni Andrea Cornia

Abstract

Recent mainstream analyses of changes in income distribution over the post World War II period have concluded that income inequality within countries tends to be stable, that there is no strong association between growth and inequality and that, therefore, poverty is best reduced through growth oriented, rather than distributive, policies.This paper challenges this view. It argues that while income inequality declined in several nations between the 1950s and 1970s, this trend has been reversed during the last twenty years in two-thirds of the countries with adequate data.

Suggested Citation

  • Giovanni Andrea Cornia, 1999. "Liberalization, Globalization and Income Distribution," WIDER Working Paper Series wp-1999-157, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-1999-157
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    File URL: https://www.wider.unu.edu/sites/default/files/wp157.pdf
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    Keywords

    Equality and inequality; Structural adjustment (Economic policy); Free trade; Globalization; Income distribution;
    All these keywords.

    JEL classification:

    • D30 - Microeconomics - - Distribution - - - General
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution

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