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The Experience of Economic Redistribution

2006-10-09 Business & Economics
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Release : 2006-10-09
Genre : Business & Economics
Kind : eBook
Book Rating : 935/5 ( reviews)

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Book Synopsis The Experience of Economic Redistribution by : Clarence Tshitereke

Download or read book The Experience of Economic Redistribution written by Clarence Tshitereke. This book was released on 2006-10-09. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an analysis of the country's political economy in transition. It documents the history of the gold mining industry's involvement in shaping the political landscape of South Africa, and shows the degree to which the political transition was induced to put in place a new mode of regulation for capital accumulation. In the process, the victims of apartheid have now become victims of democracy's neo-liberalism as the government is constrained from being developmental, interventionist and redistributive.

Redistribution, Inequality, and Growth

2014-02-17 Business & Economics
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Release : 2014-02-17
Genre : Business & Economics
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Book Rating : 657/5 ( reviews)

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Book Synopsis Redistribution, Inequality, and Growth by : Mr.Jonathan David Ostry

Download or read book Redistribution, Inequality, and Growth written by Mr.Jonathan David Ostry. This book was released on 2014-02-17. Available in PDF, EPUB and Kindle. Book excerpt: The Fund has recognized in recent years that one cannot separate issues of economic growth and stability on one hand and equality on the other. Indeed, there is a strong case for considering inequality and an inability to sustain economic growth as two sides of the same coin. Central to the Fund’s mandate is providing advice that will enable members’ economies to grow on a sustained basis. But the Fund has rightly been cautious about recommending the use of redistributive policies given that such policies may themselves undercut economic efficiency and the prospects for sustained growth (the so-called “leaky bucket” hypothesis written about by the famous Yale economist Arthur Okun in the 1970s). This SDN follows up the previous SDN on inequality and growth by focusing on the role of redistribution. It finds that, from the perspective of the best available macroeconomic data, there is not a lot of evidence that redistribution has in fact undercut economic growth (except in extreme cases). One should be careful not to assume therefore—as Okun and others have—that there is a big tradeoff between redistribution and growth. The best available macroeconomic data do not support such a conclusion.

The New Economics of Inequality and Redistribution

2012-07-12 Business & Economics
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Release : 2012-07-12
Genre : Business & Economics
Kind : eBook
Book Rating : 034/5 ( reviews)

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Book Synopsis The New Economics of Inequality and Redistribution by : Samuel Bowles

Download or read book The New Economics of Inequality and Redistribution written by Samuel Bowles. This book was released on 2012-07-12. Available in PDF, EPUB and Kindle. Book excerpt: Incorporating the latest results from behavioral economics and microeconomic theory, Samuel Bowles argues that conventional economics has mistakenly presented inequality as the price of progress. In place of this view, he offers a novel and optimistic account of the possibility of a more just economy.

Growing Unequal? Income Distribution and Poverty in OECD Countries

2008-10-21
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Release : 2008-10-21
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Kind : eBook
Book Rating : 191/5 ( reviews)

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Book Synopsis Growing Unequal? Income Distribution and Poverty in OECD Countries by : OECD

Download or read book Growing Unequal? Income Distribution and Poverty in OECD Countries written by OECD. This book was released on 2008-10-21. Available in PDF, EPUB and Kindle. Book excerpt: This report provides evidence of a fairly generalised increase in income inequality over the past two decades across OECD countries, but the timing, intensity and causes of the increase differ from what is typically suggested in the media.

The Costs of Inequality in Latin America

2020-12-10 Political Science
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Release : 2020-12-10
Genre : Political Science
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Book Rating : 254/5 ( reviews)

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Book Synopsis The Costs of Inequality in Latin America by : Diego Sánchez-Ancochea

Download or read book The Costs of Inequality in Latin America written by Diego Sánchez-Ancochea. This book was released on 2020-12-10. Available in PDF, EPUB and Kindle. Book excerpt: From the United States to the United Kingdom and from China to India, growing inequality has led to social discontent and the emergence of populist parties, also contributing to economic crises. We urgently need a better understanding of the roots and costs of these income gaps. The Costs of Inequality draws on the experience of Latin America, one of the most unequal regions of the world, to demonstrate how inequality has hampered economic growth, contributed to a lack of good jobs, weakened democracy, and led to social divisions and mistrust. In turn, low growth, exclusionary politics, violence and social mistrust have reinforced inequality, generating various vicious circles. Latin America thus provides a disturbing image of what the future may hold in other countries if we do not act quickly. It also provides some useful lessons on how to fight income concentration and build more equitable societies.

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