Confronting inequality: How societies can choose inclusive growth/ [electronic resource]
by Jonathan D. Ostry, Prakash Loungani, Andrew Berg, and Joseph E. Stiglitz
- New York: Columbia University Press, 2019.
- e-book contains 192 pages
Includes references, glossary and index
Table of Contents Intro pp Intro-vi; 7 pages Download PDF Read Online Table of Contents pp vii-viii; 2 pages Download PDF Read Online Foreword, by Joseph E. Stiglitz pp ix-xii; 4 pages Download PDF Read Online Preface pp xiii-xvi; 4 pages Download PDF Read Online 1. Introduction pp 1-11; 11 pages Download PDF Read Online 2. Inequality: Measures and Drivers pp 12-24; 13 pages Download PDF Read Online 3. Inequality and Sustained Growth pp 25-36; 12 pages Download PDF Read Online 4. Structural Policies and Inequality pp 37-53; 17 pages Download PDF Read Online 5. Financial Globalization and Inequality pp 54-67; 14 pages Download PDF Read Online 6. Austerity and Inequality pp 68-78; 11 pages Download PDF Read Online 7. Central Banks and Inequality pp 79-86; 8 pages Download PDF Read Online 8. Technology, Robots, and Inequality pp 87-94; 8 pages Download PDF Read Online 9. Remedies for Inequality—Redistribution pp 95-105; 11 pages Download PDF Read Online 10. Conclusions pp 106-110; 5 pages Download PDF Read Online Data Appendix pp 111-120; 10 pages Download PDF Read Online Technical Appendix pp 121-148; 28 pages Download PDF Read Online Glossary pp 149-152; 4 pages Download PDF Read Online References pp 153-164; 12 pages Download PDF Read Online Index pp 165-175; 11 pages Download PDF Read Online
Inequality has drastically increased in many countries around the globe over the past three decades. The widening gap between the very rich and everyone else is often portrayed as an unexpected outcome or as the tradeoff we must accept to achieve economic growth. In this book, three International Monetary Fund economists show that this increase in inequality has in fact been a political choice—and explain what policies we should choose instead to achieve a more inclusive economy. Jonathan D. Ostry, Prakash Loungani, and Andrew Berg demonstrate that the extent of inequality depends on the policies governments choose—such as whether to let capital move unhindered across national boundaries, how much austerity to impose, and how much to deregulate markets. While these policies do often confer growth benefits, they have also been responsible for much of the increase in inequality. The book also shows that inequality leads to weaker economic performance and proposes alternative policies capable of delivering more inclusive growth. In addition to improving access to health care and quality education, they call for redistribution from the rich to the poor and present evidence showing that redistribution does not hurt growth. Accessible to scholars across disciplines as well as to students and policy makers, Confronting Inequality is a rigorous and empirically rich book that is crucial for a time when many fear a new Gilded Age.
9780231527613 USD85.31
Money & Monetary Policy Economic Policy Social Policy