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Author: Philip Allan Richard Maxwell
Publisher:
ISBN: 9781863422505
Category : Income
Languages : en
Pages : 27
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Book Description
Author: Philip Allan Richard Maxwell
Publisher:
ISBN: 9781863422505
Category : Income
Languages : en
Pages : 27
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Book Description
Author: John Edward King
Publisher:
ISBN: 9780858168848
Category : Income
Languages : en
Pages : 37
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Book Description
Author: Ms. Era Dabla-Norris
Publisher: International Monetary Fund
ISBN: 1513547437
Category : Business & Economics
Languages : en
Pages : 33
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Book Description
This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.
Author: Organization for Economic Cooperation and Development
Publisher: Organization for Economic Co-Operation & Development
ISBN: 9789264261372
Category : Economic forecasting
Languages : en
Pages : 0
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Book Description
The OECD Regional Outlook 2016 examines the widening productivity gap across regions within countries, and the implications of these trends for the well-being of people living in different places.
Author: Mr.Holger Floerkemeier
Publisher: International Monetary Fund
ISBN: 1513569503
Category : Business & Economics
Languages : en
Pages : 35
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Book Description
We discuss regional disparities in economic performance and living standards. We first set out some key facts, and provide a conceptual framework to help analyze whether such disparities are efficient, or instead reflect market and/or policy failures. We examine whether policy attempts to reduce regional disparities necessarily involve a trade-off between equity and efficiency. We then investigate whether policymakers should focus on boosting the economic performance of lagging regions—or, conversely, accept the presence of regional disparities, and instead assist households in lagging regions through transfer payments, investments in education, health, and other basic services, and by facilitating out-migration.
Author: Oksana Dynnikova
Publisher: International Monetary Fund
ISBN: 1513573640
Category : Business & Economics
Languages : en
Pages : 42
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Book Description
This paper examines how regional disparities have evolved in Russia and how Russia’s system of intergovernmental fiscal relations is managing these disparities. Regional disparities have fallen over the past two decades but remain relatively high. Socioeconomic outcomes remain worse in lagging regions despite faster growth and convergence in income levels. The twin shocks of COVID-19 and lower oil prices appear to have impacted richer regions disproportionately. Compared to other large countries with federal systems of government, Russia stands out with its high reliance on direct taxes as a revenue source for its regions. Transfers from the federal budget to the regions provide some redistribution by reducing the dispersion in real per capita fiscal spending, but also tend to be associated with lower growth. The Russian fiscal system offers degrees of redistribution and risk sharing of around 26 and 18 percent, respectively—with in-kind social transfers contributing the most. Finally, federal transfers in the aggregate tend to be procyclical and are also fairly unresponsive to shocks to regions’ own revenues.
Author: Lucas Chancel
Publisher: Harvard University Press
ISBN: 0674273567
Category : Business & Economics
Languages : en
Pages : 267
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Book Description
World Inequality Report 2022 is the most authoritative and comprehensive account of global trends in inequality, providing cutting-edge information about income and wealth inequality and also pioneering data about the history of inequality, gender inequality, environmental inequalities, and trends in international tax reform and redistribution.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264044191
Category :
Languages : en
Pages : 312
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Book Description
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.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264872000
Category :
Languages : en
Pages : 165
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Book Description
The recovery after the COVID-19 crisis requires policies and reforms that tackle inequalities and promote equal opportunities. However, the implementation of such reforms requires widespread support from the public. To better understand what factors drive public support, this report provides a detailed cross-country analysis of people’s perceptions of and concern over inequality.
Author: International Monetary Fund. Research Dept.
Publisher: International Monetary Fund
ISBN: 1513516175
Category : Business & Economics
Languages : en
Pages : 208
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Book Description
Global growth is forecast at 3.0 percent for 2019, its lowest level since 2008–09 and a 0.3 percentage point downgrade from the April 2019 World Economic Outlook.
