Overview
- Joseph Stiglitz is an extremely highprofile and wellregarded economist who won the Nobel Prize for Economic Sciences in 2001.
- Kaushik Basu is also a very wellknown and respected economist who currently holds the position of Chief Economist and Senior Vice President of the World Bank.
- Numerous influential economists and policy makers contribute to this volume, providing a thorough and comprehensive insight into the links between economic development and inequality.
Part of the book series: International Economic Association Series (IEA)
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Table of contents (8 chapters)
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Front Matter
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Back Matter
Keywords
About this book
It was a part of the wisdom of mainstream economics that in the early stages of development inequality would rise but as growth persisted, it would, eventually, decline. Early evidence seemed to suggest that this pattern would be borne out. But, as time passed and growth persisted, inequality continued to grow, casting doubt on the received wisdom. The aim of this two-volume book is to analyze the current state of global and regional inequality, dissect the phenomenal increase in inequality that we have seen occur in recent times, and better understand the complex relationship between inequality and development. The political instability and conflict that we see around the world, arguably, has connection to economic deprivation of large segments of society and the perception of marginalization. This two-volume work acquires a special significance in the light of these developments.
Editors and Affiliations
About the editors
Joseph E. Stiglitz is University Professor at Columbia University, USA, and the winner of the 2001 Nobel Prize for Economics. He served on President Clinton's economic team as a member and then as Chairman of the U.S. Council of Economic Advisors in the mid-1990s. He then joined the World Bank as Chief Economist and Senior Vice President.
Kaushik Basu is the Chief Economist and Senior Vice President of the World Bank. He is currently on leave from Cornell University, USA, where he is Professor of Economics and the C. Marks Professor of International Studies. Previously he served as Chief Economic Adviser to the Government of India.
Bibliographic Information
Book Title: Inequality and Growth: Patterns and Policy
Book Subtitle: Volume I: Concepts and Analysis
Editors: Kaushik Basu, Joseph E. Stiglitz
Series Title: International Economic Association Series
DOI: https://doi.org/10.1057/9781137554543
Publisher: Palgrave Macmillan London
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2016
Hardcover ISBN: 978-1-137-55452-9Published: 04 April 2016
Softcover ISBN: 978-1-137-55453-6Published: 06 April 2016
eBook ISBN: 978-1-137-55454-3Published: 16 November 2016
Series ISSN: 2662-6330
Series E-ISSN: 2662-6349
Edition Number: 1
Number of Pages: XXIX, 256
Topics: Development Economics, Regional/Spatial Science, Macroeconomics/Monetary Economics//Financial Economics, Social Choice/Welfare Economics/Public Choice/Political Economy