EconPapers    
Economics at your fingertips  
 

The global inequality boomerang

Ravi Kanbur, Eduardo Ortiz-Juarez and Andy Sumner

No 17105, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: In this paper 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. We argue the decline in global inequality will reverse due to changes in the between-country component. We find there is a potentially startling global inequality ‘boomerang’, possibly in the mid-to-late 2020s, which would have happened even if there were no pandemic, and that the pandemic is likely to bring forward the global inequality boomerang.

Keywords: Global inequality; Inequality boomerang; Covid-19 pandemic (search for similar items in EconPapers)
JEL-codes: D31 D63 O15 (search for similar items in EconPapers)
Date: 2022-03
References: Add references at CitEc
Citations:

Downloads: (external link)
https://cepr.org/publications/DP17105 (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

Related works:
Working Paper: The Global Inequality Boomerang (2022) Downloads
Working Paper: The Global Inequality Boomerang (2022) Downloads
Working Paper: The global inequality boomerang (2022) Downloads
Working Paper: The Global Inequality Boomerang (2022) Downloads
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:cpr:ceprdp:17105

Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP17105

Access Statistics for this paper

More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().

 
Page updated 2025-03-19
Handle: RePEc:cpr:ceprdp:17105