Globalization and Inequality

نویسنده

  • Branko Milanovic
چکیده

IN our efforts to understand the state of inequality today, we need first to define the key concepts and terms. Most crucially, we need to distinguish between international and global inequality in order to avoid terminological confusion. I explore these two concepts throughout the essay. Here it suffices to say that international inequality denotes the inequality between nations, more exactly between mean incomes of nations. Global inequality (also known as ‘world inequality’), on the other hand, is an inequality between individuals in the world regardless of their nation, regardless of where they live. In other words when measuring global inequality, we see the entire world as if it were one country. In this essay I will utilize three concepts of inequality in order to explore the patterns of international and global inequality and map out changes in inequality over time. I will call these three different ways of assessing inequality Concept 1, Concept 2 and Concept 3.

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تاریخ انتشار 2006