The Myth of Exploding Income Inequality in Europe and the World

Xavier Sala-i-Martin

Chapter 1 in Europe and Globalization, 2002, pp 11-31 from Palgrave Macmillan

Abstract: Abstract This quote from one of the leaders of the ‘anti-globalization’ movement, Ignacio Ramonet, reflects five interesting issues. First, it shows that planetary inequalities are large. Very large. After all, ‘the combined wealth of the 358 richest people (all of them dollar billionaires) is greater than the total annual income of 45 per cent of the world’s poorest inhabitants, that is, 2.6 billion people’.

Keywords: Income Inequality; Purchasing Power Parity; Income Share; Global Inequality; World Bank Economic Review (search for similar items in EconPapers)
Date: 2002
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-3767-4_2

Ordering information: This item can be ordered from
http://www.palgrave.com/9781403937674

DOI: 10.1057/9781403937674_2

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().