Inequality In The Developing World
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Inequality in the Developing World
Author: Carlos Gradín
language: en
Publisher: Oxford University Press
Release Date: 2021-03-11
This is an open access title available under the terms of a CC BY-NC-SA 3.0 IGO licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Inequality has emerged as a key development challenge. It holds implications for economic growth and redistribution and translates into power asymmetries that can endanger human rights, create conflict, and embed social exclusion and chronic poverty. For these reasons, it underpins intense public and academic debates and has become a dominant policy concern within many countries and in all multilateral agencies. It is at the core of the 17 goals of the UN 2030 Agenda for Sustainable Development. This book contributes to this important discussion by presenting assessments of the measurement and analysis of global inequality by leading inequality scholars, aligning these to comprehensive reviews of inequality trends in five of the world's largest developing countries--Brazil, China, India, Mexico, and South Africa. Each is a persistently high or newly high inequality context and, with the changing global inequality situation as context, country chapters investigate the main factors shaping their different inequality dynamics. Particular attention is paid to how broader societal inequalities arising outside of the labour market have intersected with the rapidly changing labour market milieus of the last few decades. Collectively, these chapters provide a nuanced discussion of key distributive phenomena such as the high concentration of income among the most affluent people, gender inequalities, and social mobility. Substantive tax and social benefit policies that each country implemented to mitigate these inequality dynamics are assessed in detail. The book takes lessons from these contexts back into the global analysis of inequality and social mobility and the policies needed to address inequality.
Humanity Divided
This report revisits the theoretical concepts of inequalities including their measurements, analyzes their global trends, presents the policy makers' perception of inequalities in 15 countries and identifies various policy options in combating this major development challenge of our time. The report makes the basic point that in spite of the impressive progress humanity has made on many fronts over the decades, it still remains deeply divided. In that context, it is intended to help development actors, citizens, and policy makers contribute to global dialogues and initiate conversations in their own countries about the drivers and extent of inequalities, their impact, and the ways in which they can be curbed.
The Politics of Economic Inequality in Developing Countries
Inequalities of wealth and income have a significant impact for the achievement of economic, political and human development in developing counties. This book argues that a high level of economic inequality undermines a country's growth potential, retards the development of social capital, and encourages corruption.