Globalizing inequality : 'centrifugal' and 'centripetal' forces at work / José Gabriel Palma
2006
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SymbolST/ESA/2006/DWP/35
TitleGlobalizing inequality : 'centrifugal' and 'centripetal' forces at work / José Gabriel Palma
AccessFull text: wp35_2006 - PDF ;
Summary
This paper reassesses national income inequalities in this era of globalization. The main conclusion is that two opposite forces are at work: one 'centrifugal' at the two extremes of the distribution -- increasing the disparity of income shares appropriated by the top and by the bottom four deciles across countries; and the other 'centripetal'’ in the middle -- increasing the uniformity of the share of income going to deciles 5 to 9. Therefore, globalization is creating a situation where virtually all the intercountry diversity of income distribution is the result of differences in what the rich and the poor get in each country.
Inequality ranking -- Income inequality and income per capita -- Testing for regional effects in a cross-section framework -- The Mexican experience -- Conclusions -- Appendices.
Inequality ranking -- Income inequality and income per capita -- Testing for regional effects in a cross-section framework -- The Mexican experience -- Conclusions -- Appendices.
Call number
ST/DESA(05)/D62/no.35
AuthorsPalma, J. Gabriel
Series
Date[New York] : UN Dept. of Economic and Social Affairs, Sept. 2006
Description
23 p. : graphs, tables
Notes
Includes bibliographical references (p. 22-23).