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In recent years there has been much discussion of the difference between Inequality and Polarization. The vast literature on inequality is held to miss out key features of distribution change, which are better described as changes in the polarization. Axioms have been proposed which capture some...
Persistent link: https://www.econbiz.de/10005513829
The last thirty years in the analysis of inequality and poverty, especially in developing countries, has seen two phases-a phase of conceptual advancement, followed by a phase of application and policy debate. Both phases were exciting and useful in their own way, but the applied phase has...
Persistent link: https://www.econbiz.de/10005469014
What explains the spectacular increases in inequality of disposable income in transitional economies of Central and Eastern Europe? There are at least two possible explanations. First, the pre-tax distribution of income became more unequal because of the shift to a market economy. Second, the...
Persistent link: https://www.econbiz.de/10005469015
This paper constructs and analyses a long run time series for regional inequality in China from the Communist Revolution to the present. There have been three peaks of inequality in the last fifty years, coinciding with the Great Famine of the late 1950s, the Cultural Revolution of the late...
Persistent link: https://www.econbiz.de/10005469018
In this paper I give an account of development debates of the past two decades, focusing on the Washington Consensus and on the broader economic development discourse in historical context. Section 2 gives a basic account of the Washington consensus and how its meaning changed from the original...
Persistent link: https://www.econbiz.de/10005469024
By many estimates, the world has just crossed the point where more than half the world’s population is urban, a trend driven by rapid urbanization in developing countries. Urban centers offer economies of scale in terms of productive enterprise and public investment. Cities are social melting...
Persistent link: https://www.econbiz.de/10004973994
This paper introduces a significant new multi-disciplinary collection of studies of poverty dynamics, presenting the reader with the latest thinking by a group of researchers who are leaders in their respective disciplines. It argues that there are three main fronts on which progress must be...
Persistent link: https://www.econbiz.de/10004979506
sector employment, uncovered sector employment, and unemployment. The impact of these labor market adjustments on absolute poverty will depend on how the pattern of employment composition changes within households and on how income is shared within households. An earlier paper (Fields and...
Persistent link: https://www.econbiz.de/10004979508
Persistent link: https://www.econbiz.de/10004979509
In the last two decades, across a range of countries high growth rates have reduced poverty but have been accompanied by rising inequality. This paper is motivated by this stylized fact, and by the strong distributional concerns that persist among populations and policy makers alike, despite the...
Persistent link: https://www.econbiz.de/10004979514