Tag Archives: Income distribution

The Global Labour Income Share and Distribution

The International Labour Organization (ILO) has just published The Global Labour Income Share and Distribution, which reveals that ten per cent of workers receive 48.9 per cent of total global pay, while the lowest-paid 50 per cent of workers receive just 6.4 per cent. What’s more, the lowest 20 per cent of income earners – …
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Global inequality: a new approach for the age of globalization by Branko Milanovic.

Overview: One of the world’s leading economists of inequality, Branko Milanovic presents a bold new account of the dynamics that drive inequality on a global scale. Drawing on vast data sets and cutting-edge research, he explains the benign and malign forces that make inequality rise and fall within and among nations. He also reveals who …
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The great convergence: information technology and the new globalization by Richard E. Baldwin

Overview: Between 1820 and 1990, the share of world income going to today’s wealthy nations soared from twenty percent to almost seventy. Since then, that share has plummeted to where it was in 1900. As Richard Baldwin explains, this reversal of fortune reflects a new age of globalization that is drastically different from the old. …
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The year’s winner of the “The FT and McKinsey Business Book of the Year 2014” is Capital in the Twenty-First Century by Thomas Piketty

Overview: What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. …
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OECD Income Distribution and Poverty Data

The OECD has just updated its Income Distribution Database. According to new OECD data, income inequality increased by more in the first three years of the crisis to the end of 2010 than it had in the previous twelve years, before factoring in the effect of taxes and transfers on income. The analysis says that …
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