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A non-technical review of the current status of the debate on the extent and trend of global inequality, its future evolution, and whether global inequality matters or not. Proposes a new scheme for distribution of cash aid directly to the poor citizens in poor countries
Persistent link: https://www.econbiz.de/10012734902
The paper investigates the relationship between capitalism systems and their levels of income and compositional inequality (how the composition of income between capital and labor varies along income distribution). Capitalism may be seen to range between Classical Capitalism, where the rich have...
Persistent link: https://www.econbiz.de/10012305082
We develop and implement a method for measuring the frequency of changes in power among distinct leaders and ideologically distinct parties that is comparable across political systems. We find that in the postcommunist countries, more frequent changes in power in the early years of transition...
Persistent link: https://www.econbiz.de/10012561803
Is inequality largely the result of the Industrial Revolution? Or, were pre-industrial incomes as unequal as they are today? This article infers inequality across individuals within each of the 28 pre-industrial societies, for which data were available, using what are known as social tables. It...
Persistent link: https://www.econbiz.de/10012561804
The paper presents a newly compiled and improved database of national household surveys between 1988 and 2008. In 2008, the global Gini index is around 70.5 percent having declined by approximately 2 Gini points over this twenty year period. When it is adjusted for the likely under-reporting of...
Persistent link: https://www.econbiz.de/10012973691
This paper extends the Inequality Possibility Frontier approach in two methodological directions. It allows the social minimum to increase with the average income of a society, and it derives all the Inequality Possibility Frontier statistics for two other inequality measures besides the Gini....
Persistent link: https://www.econbiz.de/10012974394
Why do groups want to secede and where are we most likely to see demands for self-determination? This paper proposes an economic explanation whereby a tradeoff between income and sovereignty implies that, other things being equal, richer regions are more likely to want more autonomy and conflict...
Persistent link: https://www.econbiz.de/10012975591
Inequality between world citizens in mid-19th century was such that at least a half of it could be explained by income differences between workers and capital-owners in individual countries. Real income of workers in most countries was similar and low. This was the basis on which Marxism built...
Persistent link: https://www.econbiz.de/10012975731
Persistent link: https://www.econbiz.de/10015187313
The relationship between the distribution of political rights and that of economic resources has been studied both theoretically and empirically. This paper reviews the existing literature and, in particular, the available empirical evidence. Our reading of the literature suggests that formal...
Persistent link: https://www.econbiz.de/10013321346