International Income Inequality

Inequality is a major preoccupation of welfare state literature and the development debates of the 1950s, and intersects with debates among economic historians on The Great Divergence. This book features an international discussion on the economic causes of inequality between nations and addresses the causes and effects of world inequality and its possible remedies.

Format: Hardback
Length: 144 pages
Publication date: 28 November 2022
Publisher: Taylor & Francis Ltd

Inequality has emerged as a pressing concern, akin to Full Employment, Growth, and Inflation in terms of its societal significance. It has been a central theme in welfare state literature and development discussions since the 1950s, intersecting with debates among economic historians regarding The Great Divergence. These two interconnected controversies have transcended the realm of mere economic margins and have become central to the fundamental question of whether we can truly trust the market to govern our economic affairs.

The chapters in this book originally appeared as a special issue of The Japanese Political Economy, showcasing the insights and perspectives of esteemed scholars in the field. Each chapter delves into the complex economic causes of inequality between nations, exploring the root causes and the wide-ranging effects of global inequality on societies. The authors offer thoughtful remedies and strategies for addressing these issues, drawing from a range of disciplines and perspectives.

The book's chapters are organized into three sections. The first section examines the historical roots of inequality, tracing the evolution of economic systems and the policies that have contributed to its persistence. The second section explores the contemporary drivers of inequality, including technological advancements, globalization, and political institutions. The third section examines the impact of inequality on individuals and societies, highlighting the social and economic consequences of unequal distribution of resources and opportunities.

Through its comprehensive analysis and insightful recommendations, this book provides a valuable contribution to the ongoing debate on inequality. It sheds light on the complex factors that contribute to economic disparities and offers practical solutions for promoting greater equality and social justice. Whether you are an economist, policymaker, or concerned citizen, this book offers valuable insights into the causes and consequences of inequality and provides a roadmap for building a more equitable and prosperous world.

Weight: 440g
Dimension: 246 x 174 (mm)
ISBN-13: 9781032358680