1.

Record Nr.

UNINA9910151584203321

Titolo

Inequality and Growth: Patterns and Policy : Volume I: Concepts and Analysis / / edited by Kaushik Basu, Joseph E. Stiglitz

Pubbl/distr/stampa

London : , : Palgrave Macmillan UK : , : Imprint : Palgrave Macmillan, , 2016

ISBN

1-137-55454-1

Descrizione fisica

1 online resource (XXIX, 256 p.)

Collana

International Economic Association Series, , 2662-6330

Classificazione

BUS022000BUS039000BUS068000

Disciplina

338.9

Soggetti

Development economics

Regional economics

Spatial economics

Macroeconomics

Welfare economics

Development Economics

Regional/Spatial Science

Macroeconomics/Monetary Economics//Financial Economics

Social Choice/Welfare Economics/Public Choice/Political Economy

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Includes index.

Nota di bibliografia

Includes bibliographical references and index.

Sommario/riassunto

It was a part of the wisdom of mainstream economics that in the early stages of development inequality would rise but as growth persisted, it would, eventually, decline. Early evidence seemed to suggest that this pattern would be borne out. But, as time passed and growth persisted, inequality continued to grow, casting doubt on the received wisdom. The aim of this two-volume book is to analyze the current state of global and regional inequality, dissect the phenomenal increase in inequality that we have seen occur in recent times, and better understand the complex relationship between inequality and development. The political instability and conflict that we see around the world, arguably, has connection to economic deprivation of large segments of society and the perception of marginalization. This two-



volume work acquires a special significance in the light of these developments.