BRANKO MILANOVIC WORLDS APART PDF

Reviews 6 We 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 Milanovic, a top World Bank economist, analyzes income distribution worldwide using, for the first time, household survey data from more than countries. Inequality has increased between nations over the last half century richer countries have generally grown faster than poorer countries.

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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 Milanovic, a top World Bank economist, analyzes income distribution worldwide using, for the first time, household survey data from more than 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 nongovernmental 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.

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.

Read more Collapse About the author Branko Milanovic is Lead Economist in the World Bank research department, working on income inequality and poverty. Read more.

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Worlds Apart: Measuring International and Global Inequality

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 Milanovic, a top World Bank economist, analyzes income distribution worldwide using, for the first time, household survey data from more than 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 nongovernmental 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.

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Branko Milanović

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 Milanovic, a top World Bank economist, analyzes income distribution worldwide using, for the first time, household survey data from more than 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 nongovernmental 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.

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This subject is critically important, and this particular book is extraordinary. The stakes are as high as they get. And any social system that loses its moral standing—its legitimacy, in the jargon of social scientists—is a target for rebellion. In this case, optimists focus on the soaring standard of living in countries like Chile, Malaysia, and Taiwan; in the booming commercial zones of coastal China; and in the high-tech cities of southern India. Pessimists, on the other hand, focus on the chronic economic crisis in Africa and stagnation in much of Latin America.

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