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

Edited by Giovanni Andrea Cornia

UNU/WIDER Studies in Development Economics

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

Edited by Giovanni Andrea Cornia

UNU/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

UNU/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

UNU/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, 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