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Growth, Inequality, and Globalization: Theory, History, and Policy

Paperback / softback

Main Details

Title Growth, Inequality, and Globalization: Theory, History, and Policy
Authors and Contributors      By (author) Philippe Aghion
By (author) Jeffrey G. Williamson
SeriesRaffaele Mattioli Lectures
Physical Properties
Format:Paperback / softback
Pages:216
Dimensions(mm): Height 216,Width 140
Category/GenreEconomic theory and philosophy
Macroeconomics
Political economy
Economic history
ISBN/Barcode 9780521659109
ClassificationsDewey:339
Audience
Professional & Vocational
Tertiary Education (US: College)
Illustrations 3 Tables, unspecified

Publishing Details

Publisher Cambridge University Press
Imprint Cambridge University Press
Publication Date 8 April 1999
Publication Country United Kingdom

Description

The question of how inequality is generated and how it reproduces over time has been a major concern for social scientists for more than a century. Yet the relationship between inequality and the process of economic development is far from being well understood. These Raffaele Mattioli Lectures have brought together two of the world's leading economists, Professors Philippe Aghion (a theorist) and Jeffrey Williamson (an economic historian), to question the conventional wisdom on inequality and growth, and address its inability to explain recent economic experience. Professor Aghion assesses the affects of inequality on growth, and asks whether inequality matters: if so why is excessive inequality bad for growth, and is it possible to reconcile aggregate findings with macroeconomic theories of incentives? In the second part Jeffrey Williamson discusses the Kuznets hypothesis, and focuses on the causes of the rise of wage and income inequality in developed economies.

Reviews

"Recommended for upper-division undergraduate and graduate collections." Choice