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Is Global Equality the Enemy of National Equality?
Article

Is Global Equality the Enemy of National Equality?

Dani Rodrik, 2017

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Editorial Rating

8

Qualities

  • Analytical
  • Innovative

Recommendation

Harvard professor of international political economy Dani Rodrik elucidates the dynamics of global and national income inequality and addresses pragmatic solutions to ongoing imbalances in this somewhat esoteric but ultimately rewarding analysis. getAbstract recommends this authoritative report to policy makers, analysts and executives interested in the nuances of national and international inequality.

Take-Aways

  • Although countries have experienced rising income disparity, global income inequality – “the distribution of income across all households in the world” – has narrowed.
  • The growth of China’s and India’s economies, as well as the emergence of a worldwide middle class, has contributed to the compression of global inequality, yet considerable intercountry income gaps persist.
  • Data indicate that “a poor person’s income in the ‘average’ rich country…is nearly five times higher than a rich person’s income in a poor country.”

About the Author

Dani Rodrik is a professor at Harvard University’s John F. Kennedy School of Government.


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