This book addresses the central challenge facing rich countries: how to promote growth and prosperity that is widely shared rather than concentrated at the top. It identifies structures and policies that are associated with limiting the rise in inequality and promoting income growth

The causes and consequences of high inequality in incomes, assets, and many aspects of well-being in Latin America have recently (re-)emerged as a central research and policy issue. However, many open questions remain that will be dealt with in the contributions to this volume. First, the...

Income equality and trust seem to go along with several other ingredients of social capital as determinants of economic growth across the globe. In a large sample of countries, equality in the distribution of income as measured by the World Bank and by The Standardized World Income Inequality...

There is much disagreement about both the facts and the explanations of income inequality. Even if we confine attention to OECD countries, we find people arguing that there has been a great U-turn, with inequality rising sharply after its post war fall, and others who believe that the speed of...