eBook

Inequality and inclusive growth in rich countries : shared challenges and contrasting fortunes

Nolan, Brian

2018

Overview

This book addresses the central challenge facing rich countries: how to promote growth and prosperity that is widely shared rather than concentrated at the top. Rising inequality in income and wealth across the rich-world members of the OECD has been widely recognized and identified as a major concern; this book links this phenomenon with stagnation in wages and incomes for ordinary working households, which are also increasingly seen as threatening social and political stability. The book aims to identify what structures and policies are associated with success or failure in limiting the rise in inequality and promoting income growth for those in the middle and lower reaches of the income distribution. It does so by analysing the varying experiences of ten rich countries over recent decades in depth, through a common analytical lens. This brings out that there are indeed responses that governments and societies can adopt, stagnation and rising do not have to be accepted but can be combatted given the political will and capacity.

• Publisher: Oxford University Press,Oxford University Press, Incorporated
• Subject: Developing countries-Economic conditions / Economic assistance-Developing countries / Economic development / Economic development -- Social aspects / Economic development-Developing countries / Einkommensverteilung / Equality / Equality -- Developed countries / Industrieländer / Mittelschicht / Nachhaltige Entwicklung / Public Economics / Soziale Schicht / Soziale Ungleichheit / Unterschicht / Vermögensverteilung
• ISBN: 9780198807032, 0198807031