Global Income Inequality by the Numbers : In History and Now
The paper presents an overview of calculations of global inequality, recently and over the long-run as well as main controversies and political and philosophical implications of the findings. It focuses in particular on the winners and losers of th...
| Main Author: | |
|---|---|
| Format: | Policy Research Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2013
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2012/11/16920534/global-income-inequality-numbers-history-now---an-overview-- http://hdl.handle.net/10986/12117 |
| id |
okr-10986-12117 |
|---|---|
| recordtype |
oai_dc |
| spelling |
okr-10986-121172021-04-23T14:02:59Z Global Income Inequality by the Numbers : In History and Now Milanovic, Branko ABSOLUTE POVERTY AVERAGE INCOME AVERAGE INCOMES BOTTOM LINE CONCEPTS OF INEQUALITY CONFLICT CUMULATIVE INCOME CUMULATIVE POPULATION DEPENDENT VARIABLE DIFFERENCES IN INCOME DISTRIBUTION OF INCOME DOWNWARD BIAS ECONOMIC REVIEW EXPLANATORY VARIABLE FINANCIAL CRISIS GDP GINI COEFFICIENT GINI COEFFICIENTS GINI INDEX GLOBAL INCOME INEQUALITY GLOBAL INEQUALITY GROWTH RATES HIGH GROWTH HIGH INCOME HOUSEHOLD SURVEYS INCOME INCOME CONVERGENCE INCOME COUNTRY INCOME DATA INCOME DIFFERENCES INCOME DISTRIBUTION INCOME DISTRIBUTIONS INCOME GAINS INCOME GAPS INCOME GROUPS INCOME GROWTH INCOME INCREASE INCOME INEQUALITIES INCOME INEQUALITY INCOME LEVEL INCOME LEVELS INDIVIDUAL INCOMES INEQUALITY CONCEPT INEQUALITY ESTIMATES INEQUALITY INDEX LORENZ CURVE LORENZ CURVES MARKET ECONOMIES MEAN INCOME MEAN INCOMES MEAN LOG DEVIATION MEASURE OF INEQUALITY MEASURED INEQUALITY MEASURING POVERTY MEDIAN INCOME MIDDLE CLASS NATIONAL INCOME NATIONAL SURVEYS PENSIONS PER CAPITA INCOME POLICY DISCUSSIONS POLICY RESEARCH POLITICAL COMMUNITY POOR POOR COUNTRIES POOR COUNTRY POOR PEOPLE POVERTY LINE POVERTY THRESHOLD POWER PARITY PURCHASING POWER REAL INCOME REAL INCOMES TOTAL INEQUALITY WAR The paper presents an overview of calculations of global inequality, recently and over the long-run as well as main controversies and political and philosophical implications of the findings. It focuses in particular on the winners and losers of the most recent episode of globalization, from 1988 to 2008. It suggests that the period might have witnessed the first decline in global inequality between world citizens since the Industrial Revolution. The decline however can be sustained only if countries' mean incomes continue to converge (as they have been doing during the past ten years) and if internal (within-country) inequalities, which are already high, are kept in check. Mean-income convergence would also reduce the huge "citizenship premium" that is enjoyed today by the citizens of rich countries. 2013-01-04T22:29:51Z 2013-01-04T22:29:51Z 2012-11 http://documents.worldbank.org/curated/en/2012/11/16920534/global-income-inequality-numbers-history-now---an-overview-- http://hdl.handle.net/10986/12117 English en_US Policy Research Working Paper; No. 6259 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ABSOLUTE POVERTY AVERAGE INCOME AVERAGE INCOMES BOTTOM LINE CONCEPTS OF INEQUALITY CONFLICT CUMULATIVE INCOME CUMULATIVE POPULATION DEPENDENT VARIABLE DIFFERENCES IN INCOME DISTRIBUTION OF INCOME DOWNWARD BIAS ECONOMIC REVIEW EXPLANATORY VARIABLE FINANCIAL CRISIS GDP GINI COEFFICIENT GINI COEFFICIENTS GINI INDEX GLOBAL INCOME INEQUALITY GLOBAL INEQUALITY GROWTH RATES HIGH GROWTH HIGH INCOME HOUSEHOLD SURVEYS INCOME INCOME CONVERGENCE INCOME COUNTRY INCOME DATA INCOME DIFFERENCES INCOME DISTRIBUTION INCOME DISTRIBUTIONS INCOME GAINS INCOME GAPS INCOME GROUPS INCOME GROWTH INCOME INCREASE INCOME INEQUALITIES INCOME INEQUALITY INCOME LEVEL INCOME LEVELS INDIVIDUAL INCOMES INEQUALITY CONCEPT INEQUALITY ESTIMATES INEQUALITY INDEX LORENZ CURVE LORENZ CURVES MARKET ECONOMIES MEAN INCOME MEAN INCOMES MEAN LOG DEVIATION MEASURE OF INEQUALITY MEASURED INEQUALITY MEASURING POVERTY MEDIAN INCOME MIDDLE CLASS NATIONAL INCOME NATIONAL SURVEYS PENSIONS PER CAPITA INCOME POLICY DISCUSSIONS POLICY RESEARCH POLITICAL COMMUNITY POOR POOR COUNTRIES POOR COUNTRY POOR PEOPLE POVERTY LINE POVERTY THRESHOLD POWER PARITY PURCHASING POWER REAL INCOME REAL INCOMES TOTAL INEQUALITY WAR |
| spellingShingle |
ABSOLUTE POVERTY AVERAGE INCOME AVERAGE INCOMES BOTTOM LINE CONCEPTS OF INEQUALITY CONFLICT CUMULATIVE INCOME CUMULATIVE POPULATION DEPENDENT VARIABLE DIFFERENCES IN INCOME DISTRIBUTION OF INCOME DOWNWARD BIAS ECONOMIC REVIEW EXPLANATORY VARIABLE FINANCIAL CRISIS GDP GINI COEFFICIENT GINI COEFFICIENTS GINI INDEX GLOBAL INCOME INEQUALITY GLOBAL INEQUALITY GROWTH RATES HIGH GROWTH HIGH INCOME HOUSEHOLD SURVEYS INCOME INCOME CONVERGENCE INCOME COUNTRY INCOME DATA INCOME DIFFERENCES INCOME DISTRIBUTION INCOME DISTRIBUTIONS INCOME GAINS INCOME GAPS INCOME GROUPS INCOME GROWTH INCOME INCREASE INCOME INEQUALITIES INCOME INEQUALITY INCOME LEVEL INCOME LEVELS INDIVIDUAL INCOMES INEQUALITY CONCEPT INEQUALITY ESTIMATES INEQUALITY INDEX LORENZ CURVE LORENZ CURVES MARKET ECONOMIES MEAN INCOME MEAN INCOMES MEAN LOG DEVIATION MEASURE OF INEQUALITY MEASURED INEQUALITY MEASURING POVERTY MEDIAN INCOME MIDDLE CLASS NATIONAL INCOME NATIONAL SURVEYS PENSIONS PER CAPITA INCOME POLICY DISCUSSIONS POLICY RESEARCH POLITICAL COMMUNITY POOR POOR COUNTRIES POOR COUNTRY POOR PEOPLE POVERTY LINE POVERTY THRESHOLD POWER PARITY PURCHASING POWER REAL INCOME REAL INCOMES TOTAL INEQUALITY WAR Milanovic, Branko Global Income Inequality by the Numbers : In History and Now |
| relation |
Policy Research Working Paper; No. 6259 |
| description |
The paper presents an overview of
calculations of global inequality, recently and over the
long-run as well as main controversies and political and
philosophical implications of the findings. It focuses in
particular on the winners and losers of the most recent
episode of globalization, from 1988 to 2008. It suggests
that the period might have witnessed the first decline in
global inequality between world citizens since the
Industrial Revolution. The decline however can be sustained
only if countries' mean incomes continue to converge
(as they have been doing during the past ten years) and if
internal (within-country) inequalities, which are already
high, are kept in check. Mean-income convergence would also
reduce the huge "citizenship premium" that is
enjoyed today by the citizens of rich countries. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Milanovic, Branko |
| author_facet |
Milanovic, Branko |
| author_sort |
Milanovic, Branko |
| title |
Global Income Inequality by the Numbers : In History and Now |
| title_short |
Global Income Inequality by the Numbers : In History and Now |
| title_full |
Global Income Inequality by the Numbers : In History and Now |
| title_fullStr |
Global Income Inequality by the Numbers : In History and Now |
| title_full_unstemmed |
Global Income Inequality by the Numbers : In History and Now |
| title_sort |
global income inequality by the numbers : in history and now |
| publisher |
World Bank, Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2012/11/16920534/global-income-inequality-numbers-history-now---an-overview-- http://hdl.handle.net/10986/12117 |
| _version_ |
1764419038860017664 |