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Item Details
Title: THE GLOBALIZATION OF INEQUALITY
By: Francois Bourguignon, Thomas Scott-Railton (Trans), Francois Bourguignon
Format: Hardback

List price: £22.95


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ISBN 10: 069116052X
ISBN 13: 9780691160528
Publisher: PRINCETON UNIVERSITY PRESS
Pub. date: 20 April, 2015
Pages: 224
Synopsis: In The Globalization of Inequality, distinguished economist and policymaker Francois Bourguignon examines the complex and paradoxical links between a vibrant world economy that has raised the living standard of over half a billion people in emerging nations such as China, India, and Brazil, and the exponentially increasing inequality within countries. Exploring globalization's role in the evolution of inequality, Bourguignon takes an original and truly international approach to the decrease in inequality between nations, the increase in inequality within nations, and the policies that might moderate inequality's negative effects.Demonstrating that in a globalized world it becomes harder to separate out the factors leading to domestic or international inequality, Bourguignon examines each trend through a variety of sources, and looks at how these inequalities sometimes balance each other out or reinforce one another. Factoring in the most recent economic crisis, Bourguignon investigates why inequality in some countries has dropped back to levels that have not existed for several decades, and he asks if these should be considered in the context of globalization or if they are in fact specific to individual nations. Ultimately, Bourguignon argues that it will be up to countries in the developed and developing world to implement better policies, even though globalization limits the scope for some potential redistributive instruments.An informed and original contribution to the current debates about inequality, this book will be essential reading for anyone who is interested in the future of the world economy.
Publication: US
Imprint: Princeton University Press
Prizes: Commended for A "Financial Times" Summer Books selection 2015 Short-listed for "Financial Times" Best Books in Economics of the Year 2015
Returns: Returnable
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