Inequality, Poverty and the Kuznets Curve

Simone Borghesi and Alessandro Vercelli
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Alessandro Vercelli: University of Siena

Chapter 2 in Global Sustainability, 2008, pp 34-50 from Palgrave Macmillan

Abstract: Abstract In this chapter we intend to analyze in some more detail the impact of globalization on within-country inequality. Income distribution became more unequal after liberalization in four large countries that account by themselves for much of the world population, namely China, India, Indonesia and Russia (Lindert and Williamson, 2003). Inequality increased mainly in globalizing countries with large regions cut off from the globalization process, such as rural and hinterland China or rural India. In some cases access to trade reforms and benefits was limited to an extremely small minority, as in Russia where only a few oligarchs took part in the internationalization process (Flemming and Micklewright, 2000). These observations suggest that the differential access to the process of globalization largely contributed to increasing inequality.

Keywords: Capita Income; Income Distribution; Poverty Rate; Income Growth; Unskilled Worker (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-58341-2_2

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DOI: 10.1057/9780230583412_2

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