Liberalization, Globalization and Income Distribution

Giovanni Cornia

No wp-1999-157, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Recent mainstream analyses of changes in income distribution over the post World War II period have concluded that income inequality within countries tends to be stable, that there is no strong association between growth and inequality and that, therefore, poverty is best reduced through growth oriented, rather than distributive, policies.This paper challenges this view. It argues that while income inequality declined in several nations between the 1950s and 1970s, this trend has been reversed during the last twenty years in two-thirds of the countries with adequate data.

Keywords: Equality and inequality; Structural adjustment (Economic policy); Free trade; Globalization; Income distribution (search for similar items in EconPapers)
Date: 1999
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Citations: View citations in EconPapers (26)

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Working Paper: Liberalization, Globalization and Income Distribution (1999)
Working Paper: Liberalization, Globalization and Income Distribution
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