Flat World, Big Gaps: Economic Liberalization, Globalization, Poverty and Inequality

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Zed Books, 2007 - 416 pages
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Flat World, Big Gaps critically considers the impact of economic liberalization and globalization on inequality and poverty.

The first half surveys the major analytical issues in the recent study of global inequalities. After a brief survey of different approaches to international income inequalities, the second chapter notes that indicators of economic growth performance as well as international economic inequities have deteriorated in the last quarter-century compared to the 1960s and 1970s.

The following three chapters critically consider recent trends as well as their implications from different perspectives. High global inequalities mean that a very small share of economic growth -- which often exacerbates living conditions for the poor - actually trickles down to the poor, who make up half the world's population. The second half of the volume surveys recent inequality trends in various parts of the world including the OECD, the USA, Eastern Europe and the CIS economies, Latin America, the Middle East and North Africa, sub-Saharan Africa, India, East Asia and China.

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Contents

A Converging or Diverging World?
48
World Economic Growth and Income Distribution
74
Inequality Trends in Some Developed OECD Countries
159
Has Rising Inequality Contributed to Economic Troubles
177
Poverty and Inequality in Eastern Europe and
216
Equity in Latin America since the 1990s
242
Income Distribution in the Middle East and North Africa
272
Openness Trade Liberalization Inequality and Poverty
297
Growth with Equity in East Asia
353
Understanding the Extent and Evolution of Inequalities
376
Contributors
404
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About the author (2007)

Jomo K. S. is Assistant Secretary General for Economic Development and Jacques Baudot was Coordinator of the World Summit for Social Development, Director of the Division for Social Policy and Development and Coordinator of the International Forum for Social Development, all based in the Department of Economic and Social Affairs (DESA) of the United Nations Secretariat.
Jomo K. S. is Assistant Secretary General for Economic Development and Jacques Baudot was Coordinator of the World Summit for Social Development, Director of the Division for Social Policy and Development and Coordinator of the International Forum for Social Development, all based in the Department of Economic and Social Affairs (DESA) of the United Nations Secretariat.

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