The global inequality boomerang

Ravi Kanbur, Eduardo Ortiz-Juarez and Andy Sumner

No wp-2022-27, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper focuses on the past and potential future evolution of income (or consumption) inequality in the world over the period 1981-2040. Inequality in the world has fallen by most common definitions since the late 1980s, and this is largely due to a decline in the between-country component of inequality. We argue that the decline in global inequality over the last decades has spurred a 'sunshine' narrative of falling global inequality that has been rather oversold, in the sense, we argue, it is likely to be temporary .

Keywords: Global inequality; COVID-19; Pandemic (search for similar items in EconPapers)
Date: 2022
New Economics Papers: this item is included in nep-ban, nep-dev, nep-his and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Related works:
Working Paper: The Global Inequality Boomerang (2022)
Working Paper: The Global Inequality Boomerang (2022)
Working Paper: The global inequality boomerang (2022)
Working Paper: The global inequality boomerang (2022)
Working Paper: The Global Inequality Boomerang (2022)
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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:wp-2022-27

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