Divided We Stand Why Inequality Keeps Rising

Divided We Stand Why Inequality Keeps Rising PDF

Author: OECD

Publisher: OECD Publishing

Published: 2011-12-05

Total Pages: 390

ISBN-13: 9264119531

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This book examines to which extent economic globalisation, skill-biased technological progress and institutional and regulatory reforms have had an impact on the distribution of earnings.

Causes and Consequences of Income Inequality

Causes and Consequences of Income Inequality PDF

Author: Ms.Era Dabla-Norris

Publisher: International Monetary Fund

Published: 2015-06-15

Total Pages: 39

ISBN-13: 1513547437

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This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.

Does Inequality Matter? How People Perceive Economic Disparities and Social Mobility

Does Inequality Matter? How People Perceive Economic Disparities and Social Mobility PDF

Author: OECD

Publisher: OECD Publishing

Published: 2021-11-18

Total Pages: 165

ISBN-13: 9264872000

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The recovery after the COVID-19 crisis requires policies and reforms that tackle inequalities and promote equal opportunities. However, the implementation of such reforms requires widespread support from the public. To better understand what factors drive public support, this report provides a detailed cross-country analysis of people’s perceptions of and concern over inequality.

One Currency, Two Europes

One Currency, Two Europes PDF

Author: Bruno Dallago

Publisher: World Scientific

Published: 2016-05-24

Total Pages: 648

ISBN-13: 9814759031

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The aftermath of the US subprime mortgage crisis in 2008 saw its influence spread around the world, including Europe. The European crisis turned out to be longer, deeper and more resilient than anticipated. An unexpected consequence was the increasingly divergent economic and financial situation of two main groups of countries within the Eurozone, which includes the countries that adopt the euro as their common currency. The divergence was caused by a number of factors, fundamentally stemming from the dissimilar economic and financial situation of its member countries and from the incomplete institutional architecture and the monetary and fiscal policies in the Eurozone. One Currency, Two Europes: Towards a Dual Eurozone seeks to explore these factors which give rise to the Eurozone's asymmetric composition and the growing difficulties and ineffectiveness that policies meet. It presents evidence to show how the presently incomplete institutional architecture of the Eurozone is the main reason for the extreme detrimental effects of the international crisis and austerity policies, along with the asymmetric economic situation and the insufficient mutual trust demonstrated by the vulnerable as well as resilient countries. Other than presenting a complete overview and analysis of the events that unfolded in the Eurozone as a result of the financial crisis that first emerged in the US, this book also suggests possible solutions which could help to reunify the Eurozone, and make the common currency sustainable and beneficial for all member countries. One Currency, Two Europes will be useful for policymakers who want to learn from the Eurozone's experience with the financial crisis and the importance of complete institutional architectures and inter-country economic convergence. It will also serve as a reference to students and researchers who would like more in-depth analysis of the crisis and the Eurozone's fiscal, monetary and institutional past, present, and future. Contents: AcronymsPreface and AcknowledgmentsIntroduction: Prolegomena to the International CrisisThe Facts: The Crisis and the Eurozone:The World Economy and EuropeThe International Crisis and Its OriginFinancial Causes and Real Sources of the European CrisisInstitutions and Policies:The Internal Economic Asymmetry of the EurozoneConvergence and Divergence in the EurozoneThe Eurozone as a Quasi-Optimum Currency AreaA Detour on the Working of the EU: The Asymmetric and Incomplete Build-Up of the UnionOutcomes and Ways Out:Policies and Their FramesThe Crisis and the Incomplete Institutional ArchitectureInternal Contagion and the Eurozone EconomiesPolicies Under the Blow of the CrisisConclusions: An Uneasy MatchBibliographyIndex Readership: Students, researchers and policymakers who are interested in learning more about the fundamental nature and recent developments in the Eurozone and the European Union and the ways that it can respond to its ongoing economic and political challenges.

Inequalities During and After Transition in Central and Eastern Europe

Inequalities During and After Transition in Central and Eastern Europe PDF

Author: Cristiano Perugini

Publisher: Springer

Published: 2015-07-28

Total Pages: 514

ISBN-13: 1137460989

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The book deals with the key aspects of social and economic inequalities developed during the transition of the formerly planned European economies. Particular emphasis is given to the latest years available in order to consider the effects of the global crisis started in 2008-2009.

The Consequences of the International Crisis for European SMEs

The Consequences of the International Crisis for European SMEs PDF

Author: Bruno Dallago

Publisher: Routledge

Published: 2012

Total Pages: 322

ISBN-13: 0415680859

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The book explores how, to what extent and with what consequences the international crisis of 2007-2008 and the recession which followed have affected European SMEs (small and medium enterprises) in both the well established market economies of the old member countries and in the post-transformation new member countries, and what can be done at the institutional and political level to uphold them.

The Crosland Legacy

The Crosland Legacy PDF

Author: Patrick Diamond

Publisher: Policy Press

Published: 2016-07-20

Total Pages: 440

ISBN-13: 1447324730

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In Crosland's Legacy, noted political writer Patrick Diamond explores the contemporary impact of Anthony Crosland's writings on the British Labour Party, in particular through his work The Future of Socialism, published nearly sixty years ago. Despite widespread questioning of many of Crosland's assumptions alongside obvious and important changes in British society and the economy since The Future of Socialism was published, Diamond argues that Crosland continues to serve as a key intellectual reference point for today's Labour Party. In making the claim that "socialism is about equality," Crosland set the context for debates that bridge Gaitskell's Labour Party in the 1950s and the development into New Labour headed by Blair, Brown, and Miliband. This book will examine Crosland's intellectual legacy as manifested in the debates of today's Labour Party.

Unequal We Stand

Unequal We Stand PDF

Author: Jonathan Heathcote

Publisher: DIANE Publishing

Published: 2010-10

Total Pages: 61

ISBN-13: 1437934919

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The authors conducted a systematic empirical study of cross-sectional inequality in the U.S., integrating data from various surveys. The authors follow the mapping suggested by the household budget constraint from individual wages to individual earnings, to household earnings, to disposable income, and, ultimately, to consumption and wealth. They document a continuous and sizable increase in wage inequality over the sample period. Changes in the distribution of hours worked sharpen the rise in earnings inequality before 1982, but mitigate its increase thereafter. Taxes and transfers compress the level of income inequality, especially at the bottom of the distribution, but have little effect on the overall trend. Charts and tables. This is a print-on-demand publication; it is not an original.

The Struggle for Social Sustainability

The Struggle for Social Sustainability PDF

Author: Christopher Deeming

Publisher: Policy Press

Published: 2022-09

Total Pages: 382

ISBN-13: 144735611X

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The ongoing social crises and moral conflicts evident in global social policy debates are addressed in this timely volume. Leading interdisciplinary scholars focus on the ‘social’ of social policy, which is increasingly conceived in a globalised form, as new international agreements and global goals engender social struggles. They tackle pressing ‘social questions’, many of which have been exacerbated by COVID-19, including growing inequality, changing world population, ageing societies, migration and intersectional disadvantage. This ground-breaking volume critically engages with contested conceptions of the social which are increasingly deployed by international institutions and policy makers. Focusing on social sustainability, social cohesion, social justice, social wellbeing and social progress this text is even more crucial as policy makers look to accelerate socially sustainable solutions to the world’s biggest challenges.