Global Inequality in a More Educated World

In developing countries, younger and better-educated cohorts are entering the workforce. This developing world-led education wave is altering the skill composition of the global labor supply, and impacting income distribution, at the national and g...

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Main Authors:	Ahmed, Syud Amer, Bussolo, Maurizio, Cruz, Marcio, Go, Delfin S., Osorio-Rodarte, Israel
Format:	Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2017
Subjects:	INEQUALITY EDUCATION DEMOGRAPHICS STRUCTURAL TRANSFORMATION
Online Access:	http://documents.worldbank.org/curated/en/441561498875254417/Global-inequality-in-a-more-educated-world http://hdl.handle.net/10986/27637

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recordtype	oai_dc
spelling	okr-10986-276372021-06-14T10:13:16Z Global Inequality in a More Educated World Ahmed, Syud Amer Bussolo, Maurizio Cruz, Marcio Go, Delfin S. Osorio-Rodarte, Israel INEQUALITY EDUCATION DEMOGRAPHICS STRUCTURAL TRANSFORMATION In developing countries, younger and better-educated cohorts are entering the workforce. This developing world-led education wave is altering the skill composition of the global labor supply, and impacting income distribution, at the national and global levels. This paper analyzes how this education wave reshapes global inequality over the long run using a general-equilibrium macro-micro simulation framework that covers harmonized household surveys representing almost 90 percent of the world population. The findings under alternative assumptions suggest that global income inequality will likely decrease by 2030. This increasing educated labor force will contribute to the closing of the gap in average incomes between developing and high income countries. The forthcoming education wave would also minimize, mainly for developing countries, potential further increases of within-country inequality. 2017-07-19T16:24:09Z 2017-07-19T16:24:09Z 2017-06 Working Paper http://documents.worldbank.org/curated/en/441561498875254417/Global-inequality-in-a-more-educated-world http://hdl.handle.net/10986/27637 English en_US Policy Research Working Paper;No. 8135 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper
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	INEQUALITY EDUCATION DEMOGRAPHICS STRUCTURAL TRANSFORMATION
spellingShingle	INEQUALITY EDUCATION DEMOGRAPHICS STRUCTURAL TRANSFORMATION Ahmed, Syud Amer Bussolo, Maurizio Cruz, Marcio Go, Delfin S. Osorio-Rodarte, Israel Global Inequality in a More Educated World
relation	Policy Research Working Paper;No. 8135
description	In developing countries, younger and better-educated cohorts are entering the workforce. This developing world-led education wave is altering the skill composition of the global labor supply, and impacting income distribution, at the national and global levels. This paper analyzes how this education wave reshapes global inequality over the long run using a general-equilibrium macro-micro simulation framework that covers harmonized household surveys representing almost 90 percent of the world population. The findings under alternative assumptions suggest that global income inequality will likely decrease by 2030. This increasing educated labor force will contribute to the closing of the gap in average incomes between developing and high income countries. The forthcoming education wave would also minimize, mainly for developing countries, potential further increases of within-country inequality.
format	Working Paper
author	Ahmed, Syud Amer Bussolo, Maurizio Cruz, Marcio Go, Delfin S. Osorio-Rodarte, Israel
author_facet	Ahmed, Syud Amer Bussolo, Maurizio Cruz, Marcio Go, Delfin S. Osorio-Rodarte, Israel
author_sort	Ahmed, Syud Amer
title	Global Inequality in a More Educated World
title_short	Global Inequality in a More Educated World
title_full	Global Inequality in a More Educated World
title_fullStr	Global Inequality in a More Educated World
title_full_unstemmed	Global Inequality in a More Educated World
title_sort	global inequality in a more educated world
publisher	World Bank, Washington, DC
publishDate	2017
url	http://documents.worldbank.org/curated/en/441561498875254417/Global-inequality-in-a-more-educated-world http://hdl.handle.net/10986/27637
_version_	1764465611658756096

Global Inequality in a More Educated World

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