Awards

• Commended for A Financial Times Summer Books selection 2015
• Short-listed for Financial Times Best Books in Economics of the Year 2015

Overview

In The Globalization of Inequality, distinguished economist and policymaker Francois Bourguignon examines the complex and paradoxical links between a vibrant world economy that has raised the living standard of over half a billion people in emerging nations such as China, India, and Brazil, and the exponentially increasing inequality within countries. Exploring globalization's role in the evolution of inequality, Bourguignon takes an original and truly international approach to the decrease in inequality between nations, the increase in inequality within nations, and the policies that might moderate inequality's negative effects. Demonstrating that in a globalized world it becomes harder to separate out the factors leading to domestic or international inequality, Bourguignon examines each trend through a variety of sources, and looks at how these inequalities sometimes balance each other out or reinforce one another.Factoring in the most recent economic crisis, Bourguignon investigates why inequality in some countries has dropped back to levels that have not existed for several decades, and he asks if these should be considered in the context of globalization or if they are in fact specific to individual nations. Ultimately, Bourguignon argues that it will be up to countries in the developed and developing world to implement better policies, even though globalization limits the scope for some potential redistributive instruments. An informed and original contribution to the current debates about inequality, this book will be essential reading for anyone who is interested in the future of the world economy.

Full Product Details

9780691160528

Table of Contents

Reviews

This timely and excellent primer on income inequality both within and among nations deserves to be read by both occupiers and occupants of Wall Street. --Publishers Weekly Globalization has unleashed powerful forces: some wonderful, some worrying. This book can take you beyond the cliches to an understanding of what is going on and what can be done about it. --Sir Paul Collier, Prospect Readers wanting a map of the terrain should read Bourguignon. Bourguignon['s] provides an accessible overview. --Martin Wolf, Financial Times

Author Information

Francois Bourguignon is a professor at the College de France, Paris, and former director at the Paris School of Economics. From 2003 to 2007 he was chief economist and senior vice president of the World Bank. Bourguignon was made a Chevalier of the National Order of the Legion of Honor in 2010.

Tab Content 6

Customer Reviews

Recent Reviews

Countries Available