Fundamental Determinants of Inequality and the Role of Government

Vito Tanzi

No 1998/178, IMF Working Papers from International Monetary Fund

Abstract: This paper discusses the fundamental determinants of inequality. These are identified as world or market forces, social norms, ownership of real and human capital, and the role of government. The change in the relative role of these factors in determining inequality during economic development is analyzed.

Keywords: WP; country; capital; society; market forces; government policy; Inequality; Social Norms; Role of Governments; Positional Rents; Social Capital; labor income; country's income; income from employment; standard of living; income redistribution; developed country; Income distribution; Human capital; Income inequality; Personal income; East Asia; South Asia; Africa (search for similar items in EconPapers)
Pages: 24
Date: 1998-12-01
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Citations: View citations in EconPapers (27)

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