Summary
Branko Milanović: Global Inequality
A new approach for the age of globalization
"In this fascinating book, Milanović successfully articulates the field of research on inequality within and between countries in the clearest possible way. A must-read."
"In Global Inequality, Milanović continues his decades-long research into the past, present and future of inequality within and between countries, as well as in the world as a whole. Full of new and provocative ideas - including Kuznetsov waves and the rent from citizenship - this book will strengthen the reputation that Milanović has earned as one of the most intelligent and productive researchers of the problem of inequality."
"Continuing extremely important work on empirical research on global inequality, Branko Milanović expands his previous findings to lay the foundations for a theoretically based understanding of the evolution of inequality. According to his interpretation, this evolution is the product of two factors: Kuznets waves of growth and decline of inequality within countries and the convergence of middle incomes between countries. The relative strength of these two forces has important political implications: Will we live in a world of large class differences or huge income gaps between countries? Will the world be ruled by the richest one percent or by an expanded global middle class?"
Why did Trump happen to America and Brexit to Great Britain? How is it possible to alleviate strong migration pressures in Europe or on the US-Mexico border? How come 2/3 of your child's future income is determined by the place of birth, and only 20% by the social class to which his family belongs? Dealing with the topic of global inequality, Milanović's book provides answers to these important questions.
Branko Milanović's book "Global Inequality" received the "Watch what you read" Festival award for scientific contribution to publishing.
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