Tag Archives: Inequality

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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World Happiness Report 2019

As in 2018, Finland again takes the top spot as the happiest country in the world according to three years of surveys taken by Gallup from 2016-2018. Rounding out the rest of the top ten are countries that have consistently ranked among the happiest. They are in order: Denmark, Norway, Iceland, Netherlands, Switzerland, Sweden, New …
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World Happiness Report 2018

This year Finland takes the top spot as the happiest country as measured by surveys undertaken by Gallup International from 2015-2017. Rounding out the rest of the top ten in order of overall happiness are Norway, Denmark, Iceland, Switzerland, Netherlands, Canada, New Zealand, Sweden, and Australia. The U.S. ranked 18th. The least happy countries are …
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World Happiness Report 2017

The happiest countries in the world are all in Northern Europe and they include Norway, Denmark, and Iceland. The least happy countries are Tanzania, Burundi and Central African Republic. Spain ranks 34th, according to the findings of the World Happiness Report 2017, commissioned for the recent United Nations Conference on Happiness (mandated by the UN General Assembly). The …
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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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World Happiness Report 2016 Update

The World Happiness Report 2016 (Vol I), first published in 2012, is an update of the 2015 edition and ranks 156 countries by their happiness levels. This year, for the first time, the World Happiness Report gives a special role to the measurement and consequences of inequality in the distribution of well-being among countries and …
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The Inclusive Growth and Development Report 2015

The World Economic Forum has just published “The Inclusive Growth and Development Report 2015.” The report, which covers 112 economies, seeks to improve our understanding of how countries can use a diverse spectrum of policy incentives and institutional mechanisms to make economic growth more socially inclusive without dampening incentives to work, save and invest. Six …
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World Economic Forum Annual Meeting 2015

From January 21-24 more than 2,500 representatives of business, government, academia and civil society participated in the World Economic Forum Annual Meeting 2015. Inequality, climate change and the future of the internet were among the most discussed long-term challenges. Monetary policies and the fight against terrorism dominated the current affairs agenda. Initiatives such as Shaping …
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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: The Rise of Inequality and Social Divisions

The OECD has just published the report “Society at a Glance 2014: The Crisis and Its Aftermath”. According to the study, income inequality and social division have risen sharply since the beginning of the economic crisis. The economic crisis has disproportionately hit the most vulnerable in society, and their conditions could continue to worsen unless …
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