The Resource Causes and consequences of income inequality : a global perspective, prepared by Era Dabla-Norris, Kalpana Kochhar, Nujin Suphaphiphat, Frantisek Ricka, and Evridiki Trounta
Causes and consequences of income inequality : a global perspective, prepared by Era Dabla-Norris, Kalpana Kochhar, Nujin Suphaphiphat, Frantisek Ricka, and Evridiki Trounta
Resource Information
The item Causes and consequences of income inequality : a global perspective, prepared by Era Dabla-Norris, Kalpana Kochhar, Nujin Suphaphiphat, Frantisek Ricka, and Evridiki Trounta represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in University of San Diego Libraries.This item is available to borrow from 1 library branch.
Resource Information
The item Causes and consequences of income inequality : a global perspective, prepared by Era Dabla-Norris, Kalpana Kochhar, Nujin Suphaphiphat, Frantisek Ricka, and Evridiki Trounta represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in University of San Diego Libraries.
This item is available to borrow from 1 library branch.
- Summary
- 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
- Language
- eng
- Extent
- 1 online resource (39 pages)
- Note
-
- "June 2015."
- "Strategy, Policy and Review Department"--Page 2
- Isbn
- 9781513555188
- Label
- Causes and consequences of income inequality : a global perspective
- Title
- Causes and consequences of income inequality
- Title remainder
- a global perspective
- Statement of responsibility
- prepared by Era Dabla-Norris, Kalpana Kochhar, Nujin Suphaphiphat, Frantisek Ricka, and Evridiki Trounta
- Language
- eng
- Summary
- 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
- Cataloging source
- CELBN
- http://bibfra.me/vocab/lite/collectionName
- IMF eLibrary
- http://library.link/vocab/creatorName
- Dabla-Norris, Era
- Government publication
- international or intergovernmental publication
- Illustrations
-
- illustrations
- maps
- Index
- no index present
- LC call number
- HC79.I5
- LC item number
- C38 2015 ONLINE
- Literary form
- non fiction
- Nature of contents
-
- dictionaries
- bibliography
- http://library.link/vocab/relatedWorkOrContributorName
-
- Kochhar, Kalpana
- Ricka, Frantisek
- Suphaphiphat, Nujin
- Trounta, Evridiki
- International Monetary Fund
- Series statement
- IMF staff discussion note
- Series volume
- SDN/15/13
- http://library.link/vocab/subjectName
-
- Economic policy
- Income distribution
- American middle class
- Developed country
- Developing country
- Development economics
- Economic globalization
- Economic growth
- Economic inequality
- Economic policy
- Economics
- Economy
- Education
- Income distribution
- Label
- Causes and consequences of income inequality : a global perspective, prepared by Era Dabla-Norris, Kalpana Kochhar, Nujin Suphaphiphat, Frantisek Ricka, and Evridiki Trounta
- Note
-
- "June 2015."
- "Strategy, Policy and Review Department"--Page 2
- Antecedent source
- not applicable
- Bibliography note
- Includes bibliographical references (pages 34-39)
- Carrier category
- online resource
- Carrier category code
-
- cr
- Carrier MARC source
- rdacarrier
- Color
- multicolored
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Control code
- 921257605
- Dimensions
- unknown
- Extent
- 1 online resource (39 pages)
- Form of item
- online
- Isbn
- 9781513555188
- Media category
- electronic
- Media MARC source
- isbdmedia
- Other control number
- 10.5089/9781513555188.006
- Other physical details
- color illustrations, color map
- Specific material designation
- remote
- System control number
-
- imfSDNEA201513
- (IMF)SDNEA201513
- (OCoLC)921257605
- Label
- Causes and consequences of income inequality : a global perspective, prepared by Era Dabla-Norris, Kalpana Kochhar, Nujin Suphaphiphat, Frantisek Ricka, and Evridiki Trounta
- Note
-
- "June 2015."
- "Strategy, Policy and Review Department"--Page 2
- Antecedent source
- not applicable
- Bibliography note
- Includes bibliographical references (pages 34-39)
- Carrier category
- online resource
- Carrier category code
-
- cr
- Carrier MARC source
- rdacarrier
- Color
- multicolored
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Control code
- 921257605
- Dimensions
- unknown
- Extent
- 1 online resource (39 pages)
- Form of item
- online
- Isbn
- 9781513555188
- Media category
- electronic
- Media MARC source
- isbdmedia
- Other control number
- 10.5089/9781513555188.006
- Other physical details
- color illustrations, color map
- Specific material designation
- remote
- System control number
-
- imfSDNEA201513
- (IMF)SDNEA201513
- (OCoLC)921257605
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.sandiego.edu/portal/Causes-and-consequences-of-income-inequality--a/keuIqbzMMAY/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.sandiego.edu/portal/Causes-and-consequences-of-income-inequality--a/keuIqbzMMAY/">Causes and consequences of income inequality : a global perspective, prepared by Era Dabla-Norris, Kalpana Kochhar, Nujin Suphaphiphat, Frantisek Ricka, and Evridiki Trounta</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.sandiego.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.sandiego.edu/">University of San Diego Libraries</a></span></span></span></span></div>
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.sandiego.edu/portal/Causes-and-consequences-of-income-inequality--a/keuIqbzMMAY/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.sandiego.edu/portal/Causes-and-consequences-of-income-inequality--a/keuIqbzMMAY/">Causes and consequences of income inequality : a global perspective, prepared by Era Dabla-Norris, Kalpana Kochhar, Nujin Suphaphiphat, Frantisek Ricka, and Evridiki Trounta</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.sandiego.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.sandiego.edu/">University of San Diego Libraries</a></span></span></span></span></div>