Global Income Inequality by the Numbers : In History and Now

The paper presents an overview of calculations of global inequality, recently and over the long-run as well as main controversies and political and philosophical implications of the findings. It focuses in particular on the winners and losers of the most recent episode of globalization, from 1988 to 2008. It suggests that the period might have witnessed the first decline in global inequality between world citizens since the Industrial Revolution. The decline however can be sustained only if countries' mean incomes continue to converge (as they have been doing during the past ten years) and if internal (within-country) inequalities, which are already high, are kept in check. Mean-income convergence would also reduce the huge "citizenship premium" that is enjoyed today by the citizens of rich countries.

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Bibliographic Details
Main Author: Milanovic, Branko
Format: Policy Research Working Paper biblioteca
Language:English
en_US
Published: World Bank, Washington, DC 2012-11
Subjects:ABSOLUTE POVERTY, AVERAGE INCOME, AVERAGE INCOMES, BOTTOM LINE, CONCEPTS OF INEQUALITY, CONFLICT, CUMULATIVE INCOME, CUMULATIVE POPULATION, DEPENDENT VARIABLE, DIFFERENCES IN INCOME, DISTRIBUTION OF INCOME, DOWNWARD BIAS, ECONOMIC REVIEW, EXPLANATORY VARIABLE, FINANCIAL CRISIS, GDP, GINI COEFFICIENT, GINI COEFFICIENTS, GINI INDEX, GLOBAL INCOME INEQUALITY, GLOBAL INEQUALITY, GROWTH RATES, HIGH GROWTH, HIGH INCOME, HOUSEHOLD SURVEYS, INCOME, INCOME CONVERGENCE, INCOME COUNTRY, INCOME DATA, INCOME DIFFERENCES, INCOME DISTRIBUTION, INCOME DISTRIBUTIONS, INCOME GAINS, INCOME GAPS, INCOME GROUPS, INCOME GROWTH, INCOME INCREASE, INCOME INEQUALITIES, INCOME INEQUALITY, INCOME LEVEL, INCOME LEVELS, INDIVIDUAL INCOMES, INEQUALITY CONCEPT, INEQUALITY ESTIMATES, INEQUALITY INDEX, LORENZ CURVE, LORENZ CURVES, MARKET ECONOMIES, MEAN INCOME, MEAN INCOMES, MEAN LOG DEVIATION, MEASURE OF INEQUALITY, MEASURED INEQUALITY, MEASURING POVERTY, MEDIAN INCOME, MIDDLE CLASS, NATIONAL INCOME, NATIONAL SURVEYS, PENSIONS, PER CAPITA INCOME, POLICY DISCUSSIONS, POLICY RESEARCH, POLITICAL COMMUNITY, POOR, POOR COUNTRIES, POOR COUNTRY, POOR PEOPLE, POVERTY LINE, POVERTY THRESHOLD, POWER PARITY, PURCHASING POWER, REAL INCOME, REAL INCOMES, TOTAL INEQUALITY, WAR,
Online Access:http://documents.worldbank.org/curated/en/2012/11/16920534/global-income-inequality-numbers-history-now---an-overview--
http://hdl.handle.net/10986/12117
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spelling dig-okr-10986121172021-04-23T14:02:59Z Global Income Inequality by the Numbers : In History and Now Milanovic, Branko ABSOLUTE POVERTY AVERAGE INCOME AVERAGE INCOMES BOTTOM LINE CONCEPTS OF INEQUALITY CONFLICT CUMULATIVE INCOME CUMULATIVE POPULATION DEPENDENT VARIABLE DIFFERENCES IN INCOME DISTRIBUTION OF INCOME DOWNWARD BIAS ECONOMIC REVIEW EXPLANATORY VARIABLE FINANCIAL CRISIS GDP GINI COEFFICIENT GINI COEFFICIENTS GINI INDEX GLOBAL INCOME INEQUALITY GLOBAL INEQUALITY GROWTH RATES HIGH GROWTH HIGH INCOME HOUSEHOLD SURVEYS INCOME INCOME CONVERGENCE INCOME COUNTRY INCOME DATA INCOME DIFFERENCES INCOME DISTRIBUTION INCOME DISTRIBUTIONS INCOME GAINS INCOME GAPS INCOME GROUPS INCOME GROWTH INCOME INCREASE INCOME INEQUALITIES INCOME INEQUALITY INCOME LEVEL INCOME LEVELS INDIVIDUAL INCOMES INEQUALITY CONCEPT INEQUALITY ESTIMATES INEQUALITY INDEX LORENZ CURVE LORENZ CURVES MARKET ECONOMIES MEAN INCOME MEAN INCOMES MEAN LOG DEVIATION MEASURE OF INEQUALITY MEASURED INEQUALITY MEASURING POVERTY MEDIAN INCOME MIDDLE CLASS NATIONAL INCOME NATIONAL SURVEYS PENSIONS PER CAPITA INCOME POLICY DISCUSSIONS POLICY RESEARCH POLITICAL COMMUNITY POOR POOR COUNTRIES POOR COUNTRY POOR PEOPLE POVERTY LINE POVERTY THRESHOLD POWER PARITY PURCHASING POWER REAL INCOME REAL INCOMES TOTAL INEQUALITY WAR The paper presents an overview of calculations of global inequality, recently and over the long-run as well as main controversies and political and philosophical implications of the findings. It focuses in particular on the winners and losers of the most recent episode of globalization, from 1988 to 2008. It suggests that the period might have witnessed the first decline in global inequality between world citizens since the Industrial Revolution. The decline however can be sustained only if countries' mean incomes continue to converge (as they have been doing during the past ten years) and if internal (within-country) inequalities, which are already high, are kept in check. Mean-income convergence would also reduce the huge "citizenship premium" that is enjoyed today by the citizens of rich countries. 2013-01-04T22:29:51Z 2013-01-04T22:29:51Z 2012-11 http://documents.worldbank.org/curated/en/2012/11/16920534/global-income-inequality-numbers-history-now---an-overview-- http://hdl.handle.net/10986/12117 English en_US Policy Research Working Paper; No. 6259 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research
institution Banco Mundial
collection DSpace
country Estados Unidos
countrycode US
component Bibliográfico
access En linea
databasecode dig-okr
tag biblioteca
region America del Norte
libraryname Biblioteca del Banco Mundial
language English
en_US
topic ABSOLUTE POVERTY
AVERAGE INCOME
AVERAGE INCOMES
BOTTOM LINE
CONCEPTS OF INEQUALITY
CONFLICT
CUMULATIVE INCOME
CUMULATIVE POPULATION
DEPENDENT VARIABLE
DIFFERENCES IN INCOME
DISTRIBUTION OF INCOME
DOWNWARD BIAS
ECONOMIC REVIEW
EXPLANATORY VARIABLE
FINANCIAL CRISIS
GDP
GINI COEFFICIENT
GINI COEFFICIENTS
GINI INDEX
GLOBAL INCOME INEQUALITY
GLOBAL INEQUALITY
GROWTH RATES
HIGH GROWTH
HIGH INCOME
HOUSEHOLD SURVEYS
INCOME
INCOME CONVERGENCE
INCOME COUNTRY
INCOME DATA
INCOME DIFFERENCES
INCOME DISTRIBUTION
INCOME DISTRIBUTIONS
INCOME GAINS
INCOME GAPS
INCOME GROUPS
INCOME GROWTH
INCOME INCREASE
INCOME INEQUALITIES
INCOME INEQUALITY
INCOME LEVEL
INCOME LEVELS
INDIVIDUAL INCOMES
INEQUALITY CONCEPT
INEQUALITY ESTIMATES
INEQUALITY INDEX
LORENZ CURVE
LORENZ CURVES
MARKET ECONOMIES
MEAN INCOME
MEAN INCOMES
MEAN LOG DEVIATION
MEASURE OF INEQUALITY
MEASURED INEQUALITY
MEASURING POVERTY
MEDIAN INCOME
MIDDLE CLASS
NATIONAL INCOME
NATIONAL SURVEYS
PENSIONS
PER CAPITA INCOME
POLICY DISCUSSIONS
POLICY RESEARCH
POLITICAL COMMUNITY
POOR
POOR COUNTRIES
POOR COUNTRY
POOR PEOPLE
POVERTY LINE
POVERTY THRESHOLD
POWER PARITY
PURCHASING POWER
REAL INCOME
REAL INCOMES
TOTAL INEQUALITY
WAR
ABSOLUTE POVERTY
AVERAGE INCOME
AVERAGE INCOMES
BOTTOM LINE
CONCEPTS OF INEQUALITY
CONFLICT
CUMULATIVE INCOME
CUMULATIVE POPULATION
DEPENDENT VARIABLE
DIFFERENCES IN INCOME
DISTRIBUTION OF INCOME
DOWNWARD BIAS
ECONOMIC REVIEW
EXPLANATORY VARIABLE
FINANCIAL CRISIS
GDP
GINI COEFFICIENT
GINI COEFFICIENTS
GINI INDEX
GLOBAL INCOME INEQUALITY
GLOBAL INEQUALITY
GROWTH RATES
HIGH GROWTH
HIGH INCOME
HOUSEHOLD SURVEYS
INCOME
INCOME CONVERGENCE
INCOME COUNTRY
INCOME DATA
INCOME DIFFERENCES
INCOME DISTRIBUTION
INCOME DISTRIBUTIONS
INCOME GAINS
INCOME GAPS
INCOME GROUPS
INCOME GROWTH
INCOME INCREASE
INCOME INEQUALITIES
INCOME INEQUALITY
INCOME LEVEL
INCOME LEVELS
INDIVIDUAL INCOMES
INEQUALITY CONCEPT
INEQUALITY ESTIMATES
INEQUALITY INDEX
LORENZ CURVE
LORENZ CURVES
MARKET ECONOMIES
MEAN INCOME
MEAN INCOMES
MEAN LOG DEVIATION
MEASURE OF INEQUALITY
MEASURED INEQUALITY
MEASURING POVERTY
MEDIAN INCOME
MIDDLE CLASS
NATIONAL INCOME
NATIONAL SURVEYS
PENSIONS
PER CAPITA INCOME
POLICY DISCUSSIONS
POLICY RESEARCH
POLITICAL COMMUNITY
POOR
POOR COUNTRIES
POOR COUNTRY
POOR PEOPLE
POVERTY LINE
POVERTY THRESHOLD
POWER PARITY
PURCHASING POWER
REAL INCOME
REAL INCOMES
TOTAL INEQUALITY
WAR
spellingShingle ABSOLUTE POVERTY
AVERAGE INCOME
AVERAGE INCOMES
BOTTOM LINE
CONCEPTS OF INEQUALITY
CONFLICT
CUMULATIVE INCOME
CUMULATIVE POPULATION
DEPENDENT VARIABLE
DIFFERENCES IN INCOME
DISTRIBUTION OF INCOME
DOWNWARD BIAS
ECONOMIC REVIEW
EXPLANATORY VARIABLE
FINANCIAL CRISIS
GDP
GINI COEFFICIENT
GINI COEFFICIENTS
GINI INDEX
GLOBAL INCOME INEQUALITY
GLOBAL INEQUALITY
GROWTH RATES
HIGH GROWTH
HIGH INCOME
HOUSEHOLD SURVEYS
INCOME
INCOME CONVERGENCE
INCOME COUNTRY
INCOME DATA
INCOME DIFFERENCES
INCOME DISTRIBUTION
INCOME DISTRIBUTIONS
INCOME GAINS
INCOME GAPS
INCOME GROUPS
INCOME GROWTH
INCOME INCREASE
INCOME INEQUALITIES
INCOME INEQUALITY
INCOME LEVEL
INCOME LEVELS
INDIVIDUAL INCOMES
INEQUALITY CONCEPT
INEQUALITY ESTIMATES
INEQUALITY INDEX
LORENZ CURVE
LORENZ CURVES
MARKET ECONOMIES
MEAN INCOME
MEAN INCOMES
MEAN LOG DEVIATION
MEASURE OF INEQUALITY
MEASURED INEQUALITY
MEASURING POVERTY
MEDIAN INCOME
MIDDLE CLASS
NATIONAL INCOME
NATIONAL SURVEYS
PENSIONS
PER CAPITA INCOME
POLICY DISCUSSIONS
POLICY RESEARCH
POLITICAL COMMUNITY
POOR
POOR COUNTRIES
POOR COUNTRY
POOR PEOPLE
POVERTY LINE
POVERTY THRESHOLD
POWER PARITY
PURCHASING POWER
REAL INCOME
REAL INCOMES
TOTAL INEQUALITY
WAR
ABSOLUTE POVERTY
AVERAGE INCOME
AVERAGE INCOMES
BOTTOM LINE
CONCEPTS OF INEQUALITY
CONFLICT
CUMULATIVE INCOME
CUMULATIVE POPULATION
DEPENDENT VARIABLE
DIFFERENCES IN INCOME
DISTRIBUTION OF INCOME
DOWNWARD BIAS
ECONOMIC REVIEW
EXPLANATORY VARIABLE
FINANCIAL CRISIS
GDP
GINI COEFFICIENT
GINI COEFFICIENTS
GINI INDEX
GLOBAL INCOME INEQUALITY
GLOBAL INEQUALITY
GROWTH RATES
HIGH GROWTH
HIGH INCOME
HOUSEHOLD SURVEYS
INCOME
INCOME CONVERGENCE
INCOME COUNTRY
INCOME DATA
INCOME DIFFERENCES
INCOME DISTRIBUTION
INCOME DISTRIBUTIONS
INCOME GAINS
INCOME GAPS
INCOME GROUPS
INCOME GROWTH
INCOME INCREASE
INCOME INEQUALITIES
INCOME INEQUALITY
INCOME LEVEL
INCOME LEVELS
INDIVIDUAL INCOMES
INEQUALITY CONCEPT
INEQUALITY ESTIMATES
INEQUALITY INDEX
LORENZ CURVE
LORENZ CURVES
MARKET ECONOMIES
MEAN INCOME
MEAN INCOMES
MEAN LOG DEVIATION
MEASURE OF INEQUALITY
MEASURED INEQUALITY
MEASURING POVERTY
MEDIAN INCOME
MIDDLE CLASS
NATIONAL INCOME
NATIONAL SURVEYS
PENSIONS
PER CAPITA INCOME
POLICY DISCUSSIONS
POLICY RESEARCH
POLITICAL COMMUNITY
POOR
POOR COUNTRIES
POOR COUNTRY
POOR PEOPLE
POVERTY LINE
POVERTY THRESHOLD
POWER PARITY
PURCHASING POWER
REAL INCOME
REAL INCOMES
TOTAL INEQUALITY
WAR
Milanovic, Branko
Global Income Inequality by the Numbers : In History and Now
description The paper presents an overview of calculations of global inequality, recently and over the long-run as well as main controversies and political and philosophical implications of the findings. It focuses in particular on the winners and losers of the most recent episode of globalization, from 1988 to 2008. It suggests that the period might have witnessed the first decline in global inequality between world citizens since the Industrial Revolution. The decline however can be sustained only if countries' mean incomes continue to converge (as they have been doing during the past ten years) and if internal (within-country) inequalities, which are already high, are kept in check. Mean-income convergence would also reduce the huge "citizenship premium" that is enjoyed today by the citizens of rich countries.
format Publications & Research :: Policy Research Working Paper
topic_facet ABSOLUTE POVERTY
AVERAGE INCOME
AVERAGE INCOMES
BOTTOM LINE
CONCEPTS OF INEQUALITY
CONFLICT
CUMULATIVE INCOME
CUMULATIVE POPULATION
DEPENDENT VARIABLE
DIFFERENCES IN INCOME
DISTRIBUTION OF INCOME
DOWNWARD BIAS
ECONOMIC REVIEW
EXPLANATORY VARIABLE
FINANCIAL CRISIS
GDP
GINI COEFFICIENT
GINI COEFFICIENTS
GINI INDEX
GLOBAL INCOME INEQUALITY
GLOBAL INEQUALITY
GROWTH RATES
HIGH GROWTH
HIGH INCOME
HOUSEHOLD SURVEYS
INCOME
INCOME CONVERGENCE
INCOME COUNTRY
INCOME DATA
INCOME DIFFERENCES
INCOME DISTRIBUTION
INCOME DISTRIBUTIONS
INCOME GAINS
INCOME GAPS
INCOME GROUPS
INCOME GROWTH
INCOME INCREASE
INCOME INEQUALITIES
INCOME INEQUALITY
INCOME LEVEL
INCOME LEVELS
INDIVIDUAL INCOMES
INEQUALITY CONCEPT
INEQUALITY ESTIMATES
INEQUALITY INDEX
LORENZ CURVE
LORENZ CURVES
MARKET ECONOMIES
MEAN INCOME
MEAN INCOMES
MEAN LOG DEVIATION
MEASURE OF INEQUALITY
MEASURED INEQUALITY
MEASURING POVERTY
MEDIAN INCOME
MIDDLE CLASS
NATIONAL INCOME
NATIONAL SURVEYS
PENSIONS
PER CAPITA INCOME
POLICY DISCUSSIONS
POLICY RESEARCH
POLITICAL COMMUNITY
POOR
POOR COUNTRIES
POOR COUNTRY
POOR PEOPLE
POVERTY LINE
POVERTY THRESHOLD
POWER PARITY
PURCHASING POWER
REAL INCOME
REAL INCOMES
TOTAL INEQUALITY
WAR
author Milanovic, Branko
author_facet Milanovic, Branko
author_sort Milanovic, Branko
title Global Income Inequality by the Numbers : In History and Now
title_short Global Income Inequality by the Numbers : In History and Now
title_full Global Income Inequality by the Numbers : In History and Now
title_fullStr Global Income Inequality by the Numbers : In History and Now
title_full_unstemmed Global Income Inequality by the Numbers : In History and Now
title_sort global income inequality by the numbers : in history and now
publisher World Bank, Washington, DC
publishDate 2012-11
url http://documents.worldbank.org/curated/en/2012/11/16920534/global-income-inequality-numbers-history-now---an-overview--
http://hdl.handle.net/10986/12117
work_keys_str_mv AT milanovicbranko globalincomeinequalitybythenumbersinhistoryandnow
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