Worlds Apart: Measuring International and Global Inequality by Branko Milanovic (Paperback, 2007)
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- DescriptionWe are used to thinking about inequality within countries--about rich Americans versus poor Americans, for instance. But what about inequality between all citizens of the world? Worlds Apart addresses just how to measure global inequality among individuals, and shows that inequality is shaped by complex forces often working in different directions. Branko Milavic, a top World Bank ecomist, analyzes income distribution worldwide using, for the first time, household survey data from more than 100 countries. He evenhandedly explains the main approaches to the problem, offers a more accurate way of measuring inequality among individuals, and discusses the relevant policies of first-world countries and ngovernmental organizations. Inequality has increased between nations over the last half century (richer countries have generally grown faster than poorer countries). And yet the two most populous nations, China and India, have also grown fast. But over the past two decades inequality within countries has increased. As complex as reconciling these three data trends may be, it is clear: the inequality between the world's individuals is staggering. At the turn of the twenty-first century, the richest 5 percent of people receive one-third of total global income, as much as the poorest 80 percent. While a few poor countries are catching up with the rich world, the differences between the richest and poorest individuals around the globe are huge and likely growing.
- Author BiographyBranko Milanovic is Lead Economist in the World Bank research department, working on income inequality and poverty. The author of Income, Inequality, and Poverty during the Transition and the coauthor of Income and Influence: Social Policy in Emerging Market Economies , he is currently an associate scholar with the Carnegie Endowment for International Peace and a visiting professor at the School for Advanced International Studies, Johns Hopkins University.
- PrizesShortlisted for Choice Magazine Outstanding Reference/Academic Book Award 2005.
- Author(s)Branko Milanovic
- PublisherPrinceton University Press
- Date of Publication02/01/2007
- SubjectEconomics: Professional & General
- Place of PublicationNew Jersey
- Country of PublicationUnited States
- ImprintPrinceton University Press
- Content Note48 line illus. 54 tables.
- Weight399 g
- Width152 mm
- Height229 mm
- Spine15 mm
- Format DetailsTrade paperback (US)
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