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Accounting for the Recent Decline in Global Income Inequality
Oleh:
Firebaugh, Glenn
;
Goesling, Brian
Jenis:
Article from Journal - ilmiah internasional
Dalam koleksi:
AJS: American Journal of Sociology vol. 110 no. 02 (Sep. 2004)
,
page 283.
Topik:
Global Income Inequality
;
Income Growth
;
Population Growth
Fulltext:
A13 vol. 110 no. 02 (Sep. 2004) p283.PDF
(142.44KB)
Ketersediaan
Perpustakaan PKPM
Nomor Panggil:
A13
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Following nearly two centuries of growth, global income inequality declined in the last decades of the 20th century. To determine the causes of that historic decline, we focus on income inequality across nations and find that the major equalizing force is faster-than-worldaverage income growth in China and South Asia, industrializing regions where 40% of the world's people live. Apparently what matters most about economic globalization thus far is its role in the spread of industrialization throughout populous poor regions of the world. If so, then globalization most likely has reduced global income inequality. This decline is anticipated to continue over the next few decades, first, because of the continued industrialization of poor regions and, second, because most of the growth in the world's working-age population will occur in poor regions
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