Inequality, Growth, and Poverty in an Era of Liberalization and Globalization

Edited by Giovanni Andrea Cornia

WIDER Studies in Development Economics

An extensive review of the literature on inequality changes by country combined with quantitative analysis of trends in inequality indexes based on the World Income Inequality Database (WIID at UNU/WIDER).
Shows that inequality has increased in 70 per cent of the 73 countries studied.
Exhaustive measures of the impact on inequality of various sets of factors, including the Washington Consensus policies.
Assesses the likely impacts of rising inequality on poverty and economic growth.

Inequality, Growth, and Poverty in an Era of Liberalization and Globalization

Edited by Giovanni Andrea Cornia

WIDER Studies in Development Economics

Description

Based on an extensive review of relevant literature and an econometric analysis of inequality indexes, this volume provides the first systematic analysis of the changes in within-country income inequality over the last twenty years. In particular, it shows that inequality worsened in seventy per cent of the 73 developed, developing, and transitional countries analysed, and evaluates possible causes for this widespread rise in income inequality. The book goes on to offer the first empirical assessment of the relation between policies towards liberalization and globalization and income inequality.

Inequality, Growth, and Poverty in an Era of Liberalization and Globalization

Edited by Giovanni Andrea Cornia

WIDER Studies in Development Economics

PART I: INCOME DISTRIBUTION TRENDS,THEORIES AND POLICIES
1. Inequality, Growth and Poverty: An Overview of Changes over the Last Two Decades, Giovanni Andrea Cornia
2. Income Distribution Changes and Their Impact in the Post-World War II period, Income Distribution Changes and Their Impact in the Post-World War II period Giovanni Andrea Cornia and Tony Addison with Sampsa Kiiski
PART II: TRADITIONAL CAUSES OF INEQUALITY: STILL RELEVANT FOR EXPLAINING ITS RISE IN THE 1980s-90s?
3. Land Ownership Inequality and the Income Distribution Consequences of Economic Growth, Michael Carter
4. Does Educational Achievement Help Explain Income Inequality?, Daniele Checchi
5. Rural and Urban Income and Poverty: Does Convergence Between Sectors Offset Divergence within Them?, Michael Lipton and Rob Eastwood
PART III. RECENT FACTORS INFLUENCING THE DISTRIBUTION OF INCOME
6. Globalization, Technology and Income Inequality: A Critical Analysis, Ajit Singh and Rahul Dhumale
7. External Liberalization, Economic Performance and Distribution in Latin America and Elsewhere, Lance Taylor
8. Labour Market Institutions and Income Inequality: What are the New Insights after the Washington Consensus?, Rolph van der Hoeven and Catherine Saget
9. Increased Income Inequality in OECD Countries and the Redistributive Impact of the Government Budget, Anthony B. Atkinson
10. Income Distribution and Tax and Government Social Spending Policies in Developing Countries, Ke-young Chu, Amid Davoodi and Sanjeev Gupta
11. The Impact of Adjustment Related Social Funds on Income Distribution and Poverty, Giovanni Andrea Cornia and Sanjay Reddy
PART IV. COUNTRY CASE STUDIES
12. Reducing Poverty and Inequality in India: Has Liberalization Helped?, Raghbendra Jha
13. Factor Shares and Resource Booms: Accounting for the Evolution of Venezuelan Inequality, Francisco Rodriguez
14. The Impact of Financial Liberalization and the Rise of Financial Rents on Income Inequality: The Case of Turkey, Erinc Yeldan
15. The Changing Nature of Inequality in South Africa, Carolyn Jenkins and Lynne Thomas
16. Growth, Structural Change and Inequality: The Experience of Thailand, Isra Sarntisart
Index

Inequality, Growth, and Poverty in an Era of Liberalization and Globalization

Edited by Giovanni Andrea Cornia

WIDER Studies in Development Economics

Author Information

Giovanni Andrea Cornia is currently professor of economics at the University of Florence. Before this, he was the Director of the World Institute for Development Economics Research (UNU/WIDER) in Helsinki (1995-2000), and Director of the Economic and Social Policy Research Programme at the International Child Development Centre (the world-wide research centre of UNICEF) in Florence (1989-95). He was also the Chief Economist at UNICEF Headquarters in New York (1981-89) and held research positions at UNCTAD, UNECE (with a long spell at ECLAC in Santiago) and the Economic Studies Centre of FIAT.

Contributors:

Prof. Tony Addison
Deputy Director
World Institute for Development Economics Research (WIDER)

Prof. Anthony B. Atkinson
Warden, Nuffield College, Oxford University

Prof. Michael Carter
BASIS Director
Dept. of Agricultural and Applied Economics
University of Wisconsin-Madison

Prof. Daniele Checchi
Facoltà di Scienze Statistiche
Università degli Studi di Milano Bicocca

Dr. Ke-young Chu
Dept. of Economics
Wesleyan University

Prof. Giovanni Andrea Cornia
Department of Economics
University of Florence

Dr. Hamid Davoodi
International Monetary Fund

Dr. Rahul Dhumale
Senior Economist
Federal Reserve Bank
USA

Prof. Robert Eastwood
School of Social Sciences
University of Sussex

Dr. Sanjeev Gupta
Chief of Expenditure Policy Division, Fiscal Affairs Department
IMF

Prof. Isra Sarntisart
Faculty of Economics
Chulalongkorn University
Thailand

Dr. Carolyn Jenkins
Research Associate
Centre for the Study of African Economies
University of Oxford

Prof. Raghbendra Jha
Executive Director,
Australia South Asia Research Centre
Australian National University

Dr. Sampsa Kiiski
Helsinki, Finland

Prof. Michael Lipton
Poverty Research Unit
University of Sussex
UK

Dr. Sanjay G. Reddy
Dept. of Economics
Barnard College
Columbia University

Prof. Francisco Rodríguez C.
Chief Economist, Venezuelan National Assembly

Dr. Catherine Saget
Employment Sector
International Labour Organisation

Prof. Ajit Singh
Senior Fellow, Queens' College
Cambridge University

Prof. Lance Taylor
Arnhold Professor of International and Cooperation and Development
New School University
New York

Dr. Lynne Thomas
Centre for Research into Economics and Finance in Southern Africa
London School of Economics

Prof. Rolph van der Hoeven
Employment Sector
International Labour Organisation

Prof. A. Erinç Yeldan
Department of Economics
Bilkent University
Turkey