That silly inequality debate
In: FP, Heft 130, S. 92-94
ISSN: 0015-7228
An IMF quarterly magazine Finance & Development, December 2001, vol. 38, No. 4, is reviewed.
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In: FP, Heft 130, S. 92-94
ISSN: 0015-7228
An IMF quarterly magazine Finance & Development, December 2001, vol. 38, No. 4, is reviewed.
In: Ethics & international affairs, Band 15, Heft 2, S. 3-28
ISSN: 1747-7093
Many industrialized countries, developing countries, and countries that have recently made the transition from communism to market-oriented economies are characterized by high and increasing income inequality. Trends in income inequality have been understood to have ethical significance for different reasons. Some have argued that lessening income inequality is a valuable goal in itself. This essay, on the other hand, focuses on three instrumental reasons for pursuing economic policies that engender less income inequality, particularly in developing countries.• Inequality can inhibit growth and slow poverty reduction.• Inequality often undermines the political process: that may lead to an inadequate social contract and may trigger bad economic policies-with ill effects on growth, human development, and poverty reduction.• Inequality may undermine civic and social as well as political life, and inhibit certain kinds of collective decision-making; at the societal level it may also generate its own self-justifying tolerance, perpetuating a high inequality equilibrium despite the potential economic and political costs.The author concludes that while societies with relatively high income inequality can, in principle, be equitable, it is more likely that income differentials will compound and aggravate unfairness in the allocation of opportunities, the functioning of the political process, and efforts to improve the well-being of the least advantaged.
In: Ethics & international affairs, Band 15, Heft 2, S. 3-28
ISSN: 0892-6794
In: Population Matters, S. 411-418
In: Current history: a journal of contemporary world affairs, Band 98, Heft 631, S. 376-381
ISSN: 1944-785X
In: Current history: a journal of contemporary world affairs, Band 98, Heft 631, S. 376-381
ISSN: 0011-3530
World Affairs Online
In: FP, Heft 111, S. 76-93
ISSN: 0015-7228
World Affairs Online
In: FP, S. 76-93
ISSN: 0015-7228
Analyzes causes of the growing gap between rich and poor countries; need for better long-term solutions rather than short-term policies.
In: FP, Heft 111, S. 76
ISSN: 1945-2276
In: Economics of education review, Band 15, Heft 4, S. 407-419
ISSN: 0272-7757
In: Journal of development economics, Band 18, Heft 1, S. 67-86
ISSN: 0304-3878
In: Journal of development economics, Band 18, Heft 1, S. 67-86
ISSN: 0304-3878
World Affairs Online
In: Economics of education review, Band 3, Heft 3, S. 247-248
ISSN: 0272-7757
In: Population and development review, Band 9, Heft 1, S. 111
ISSN: 1728-4457
In: Journal of policy modeling: JPMOD ; a social science forum of world issues, Band 4, Heft 3, S. 457-462
ISSN: 0161-8938