Divided We Stand Why Inequality Keeps Rising PDF Download

Author: OECD
Publisher: OECD Publishing
ISBN: 9264119531
Category :
Languages : en
Pages : 390

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Book Description
This book examines to which extent economic globalisation, skill-biased technological progress and institutional and regulatory reforms have had an impact on the distribution of earnings.

Author: Ms.Era Dabla-Norris
Publisher: International Monetary Fund
ISBN: 1513547437
Category : Business & Economics
Languages : en
Pages : 39

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Book Description
This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.

Author: Brian Keeley
Publisher: Org. for Economic Cooperation & Development
ISBN: 9789264246003
Category :
Languages : en
Pages : 120

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Book Description
Income inequality is rising. A quarter of a century ago, the average disposable income of the richest 10% in OECD countries was around seven times higher than that of the poorest 10%; today, it's around 9½ times higher. Why does this matter? Many fear this widening gap is hurting individuals, societies and even economies. This book explores income inequality across five main headings. It starts by explaining some key terms in the inequality debate. It then examines recent trends and explains why income inequality varies between countries. Next it looks at why income gaps are growing and, in particular, at the rise of the 1%. It then looks at the consequences, including research that suggests widening inequality could hurt economic growth. Finally, it examines policies for addressing inequality and making economies more inclusive.

Author: Bruno Dallago
Publisher: World Scientific
ISBN: 9814759031
Category : Business & Economics
Languages : en
Pages : 649

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Book Description
The aftermath of the US subprime mortgage crisis in 2008 saw its influence spread around the world, including Europe. The European crisis turned out to be longer, deeper and more resilient than anticipated. An unexpected consequence was the increasingly divergent economic and financial situation of two main groups of countries within the Eurozone, which includes the countries that adopt the euro as their common currency. The divergence was caused by a number of factors, fundamentally stemming from the dissimilar economic and financial situation of its member countries and from the incomplete institutional architecture and the monetary and fiscal policies in the Eurozone.One Currency, Two Europes: Towards a Dual Eurozone seeks to explore these factors which give rise to the Eurozone's asymmetric composition and the growing difficulties and ineffectiveness that policies meet. It presents evidence to show how the presently incomplete institutional architecture of the Eurozone is the main reason for the extreme detrimental effects of the international crisis and austerity policies, along with the asymmetric economic situation and the insufficient mutual trust demonstrated by the vulnerable as well as resilient countries.Other than presenting a complete overview and analysis of the events that unfolded in the Eurozone as a result of the financial crisis that first emerged in the US, this book also suggests possible solutions which could help to reunify the Eurozone, and make the common currency sustainable and beneficial for all member countries. One Currency, Two Europes will be useful for policymakers who want to learn from the Eurozone's experience with the financial crisis and the importance of complete institutional architectures and inter-country economic convergence. It will also serve as a reference to students and researchers who would like more in-depth analysis of the crisis and the Eurozone's fiscal, monetary and institutional past, present, and future.

Author: Bruno Dallago
Publisher: Routledge
ISBN: 0415680859
Category : Business & Economics
Languages : en
Pages : 322

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Book Description
The book explores how, to what extent and with what consequences the international crisis of 2007-2008 and the recession which followed have affected European SMEs (small and medium enterprises) in both the well established market economies of the old member countries and in the post-transformation new member countries, and what can be done at the institutional and political level to uphold them.

Author: Patrick Diamond
Publisher: Policy Press
ISBN: 1447324730
Category : Literary Criticism
Languages : en
Pages : 440

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Book Description
In Crosland's Legacy, noted political writer Patrick Diamond explores the contemporary impact of Anthony Crosland's writings on the British Labour Party, in particular through his work The Future of Socialism, published nearly sixty years ago. Despite widespread questioning of many of Crosland's assumptions alongside obvious and important changes in British society and the economy since The Future of Socialism was published, Diamond argues that Crosland continues to serve as a key intellectual reference point for today's Labour Party. In making the claim that "socialism is about equality," Crosland set the context for debates that bridge Gaitskell's Labour Party in the 1950s and the development into New Labour headed by Blair, Brown, and Miliband. This book will examine Crosland's intellectual legacy as manifested in the debates of today's Labour Party.

Author: Christopher Deeming
Publisher: Policy Press
ISBN: 144735611X
Category : History
Languages : en
Pages : 382

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Book Description
The ongoing social crises and moral conflicts evident in global social policy debates are addressed in this timely volume. Leading interdisciplinary scholars focus on the ‘social’ of social policy, which is increasingly conceived in a globalised form, as new international agreements and global goals engender social struggles. They tackle pressing ‘social questions’, many of which have been exacerbated by COVID-19, including growing inequality, changing world population, ageing societies, migration and intersectional disadvantage. This ground-breaking volume critically engages with contested conceptions of the social which are increasingly deployed by international institutions and policy makers. Focusing on social sustainability, social cohesion, social justice, social wellbeing and social progress this text is even more crucial as policy makers look to accelerate socially sustainable solutions to the world’s biggest challenges.

Author: Patrick Diamond
Publisher: Routledge
ISBN: 1317595378
Category : Political Science
Languages : en
Pages : 388

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Book Description
This book provides a novel account of the Labour Party’s years in opposition and power since 1979, examining how New Labour fought to reinvent post-war social democracy, reshaping its core political ideas. It charts Labour’s sporadic recovery from political disaster in the 1980s, successfully making the arduous journey from opposition to power with the rise (and ultimately fall) of the governments of Tony Blair and Gordon Brown. Forty years on from the 1979 debacle, Labour has found itself on the edge of oblivion once again. Defeated in 2010, it entered a further cycle of degeneration and decline. Like social democratic parties across Europe, Labour failed to identify a fresh ideological rationale in the aftermath of the great financial crisis. Drawing on a wealth of sources including interviews and unpublished papers, the book focuses on decisive points of transformational change in the party’s development raising a perennial concern of present-day debate – namely whether Labour is a party capable of transforming the ideological weather, shaping a new paradigm in British politics, or whether it is a party that should be content to govern within parameters established by its Conservative opponents. This text will be of interest to the general reader as well as scholars and students of British politics, British political party history, and the history of the British Labour Party since 1918.

Author: Jonathan Heathcote
Publisher: DIANE Publishing
ISBN: 1437934919
Category : Business & Economics
Languages : en
Pages : 61

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Book Description
The authors conducted a systematic empirical study of cross-sectional inequality in the U.S., integrating data from various surveys. The authors follow the mapping suggested by the household budget constraint from individual wages to individual earnings, to household earnings, to disposable income, and, ultimately, to consumption and wealth. They document a continuous and sizable increase in wage inequality over the sample period. Changes in the distribution of hours worked sharpen the rise in earnings inequality before 1982, but mitigate its increase thereafter. Taxes and transfers compress the level of income inequality, especially at the bottom of the distribution, but have little effect on the overall trend. Charts and tables. This is a print-on-demand publication; it is not an original.

Author: B. Isakhan
Publisher: Springer
ISBN: 1137326042
Category : Political Science
Languages : en
Pages : 247

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Book Description
Recent years have seen constant reports on the failures of governance and the crisis of democracy. By examining cases like Global Financial Crisis, the Arab Revolutions and Wikileaks this volume highlights tensions between governance and democracy during times of crisis and examines the prospects of democratising governance in the 21st Century.