Inequality, Growth, And Poverty in an Era of Liberalization And Globalization

by Cornia, Giovanni Andrea

• ISBN13: 9780199284108
• ISBN10: 0199284105
• Format: Paperback
• Copyright: 2005-09-02
• Publisher: Oxford University Press

Summary

Within-country income inequality has risen since the early 1980s in most of the OECD, all transitional, and many developing countries. More recently, inequality has risen in India and nations affected by the Asian crisis. Altogether, over the last twenty years, inequality worsened in 70 per cent of the 73 countries analysed in this volume, with the Gini index rising by over five points in half of them.

Author Biography

Giovanni Andrea Cornia is currently professor of economics at the University of Florence. Before this, he was the Director of the World Institute for Development Economics Research (UNU/WIDER) in Helsinki (1995-2000), and Director of the Economic and Social Policy Research Programme at the International Child Development Centre (the world-wide research centre of UNICEF) in Florence (1989-95). He was also the Chief Economist at UNICEF Headquarters in New York (1981-89) and held research positions at UNCTAD, UNECE (with a long spell at ECLAC in Santiago) and the Economic Studies Centre of FIAT.

Table of Contents

List of Figures	vii
List of Tables	x
List of Abbreviations and Acronyms	xiv
List of Contributors	xvi
Foreword	xix
Acknowledgements	xxi
Part I. Income Distribution Trends, Theories, and Policies
1. Inequality, Growth, and Poverty: An Overview of Changes over the Last Two Decades	3	(23)
Giovanni Andrea Cornia
2. Income Distribution Changes and Their Impact in the Post-Second World War Period	26	(31)
Giovanni Andrea Cornia, Tony Addison, and Sampsa Kiiski
Part II. Traditional Causes of Inequality: Still Relevant for Explaining its Rise in the 1980's and the 1990's?
3. Landownership Inequality and the Income Distribution Consequences of Economic Growth	57	(24)
Michael Carter
4. Does Educational Achievement Help Explain Income Inequality?	81	(31)
Daniele Checchi
5. Rural and Urban Income Inequality and Poverty: Does Convergence between Sectors Offset Divergence within Them?	112	(33)
Robert Eastwood and Michael Lipton
Part III. Recent Factors Influencing the Distribution of Income
6. Globalization, Technology, and Income Inequality: A Critical Analysis	145	(21)
Ajit Singh and Rahul Dhumale
7. External Liberalization, Economic Performance, and Distribution in Latin America and Elsewhere	166	(31)
Lance Taylor
8. Labour Market Institutions and Income Inequality: What are the New Insights after the Washington Consensus?	197	(24)
Rolph van der Hoeven and Catherine Saget
9. Increased Income Inequality in OECD Countries and the Redistributive Impact of the Government Budget	221	(28)
Anthony B. Atkinson
10. Income Distribution and Tax and Government Social-Spending Policies in Developing Countries	249	(22)
Ke-Young Chu, Hamid Davoodi, and Sanjeev Gupta
11. The Impact of Adjustment-Related Social Funds on Income Distribution and Poverty	271	(26)
Giovanni Andrea Cornia and Sanjay Reddy
Part IV. Country Case Studies
12. Reducing Poverty and Inequality in India: Has Liberalization Helped?	297	(30)
Raghbendra Jha
13. Factor Shares and Resource Booms: Accounting for the Evolution of Venezuelan Inequality	327	(28)
Francisco Rodriguez
14. The Impact of Financial Liberalization and the Rise of Financial Rents on Income Inequality: The Case of Turkey	355	(21)
A. Erinc Yeldan
15. The Changing Nature of Inequality in South Africa	376	(29)
Carolyn Jenkins and Lynne Thomas
16. Growth, Structural Change, and Inequality: The Experience of Thailand	405	(24)
Isra Sarntisart
Index	429