1.

Record Nr.

UNINA9910254891203321

Titolo

Inequality and Growth: Patterns and Policy : Volume II: Regions and Regularities / / edited by Kaushik Basu, Joseph E. Stiglitz

Pubbl/distr/stampa

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

ISBN

9781137554598

1137554592

Descrizione fisica

1 online resource (XXIX, 282 p.)

Collana

International Economic Association Series, , 2662-6330

Disciplina

339

Soggetti

Macroeconomics

Regional economics

Space in economics

Development economics

Welfare economics

Economics

Macroeconomics/Monetary Economics//Financial Economics

Regional/Spatial Science

Development Economics

Social Choice/Welfare Economics/Public Choice/Political Economy

Economic Theory/Quantitative Economics/Mathematical Methods

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

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.