RORSCHACH TEST: INTERNATIONAL ECONOMIC INTEGRATION, INEQUALITY AND THE ROLE OF GOVERNMENT NANCY BRUNE and GEOFFREY GARRETT* November 2004 Forthcoming in Annual Review of Political Science vol. 8, 2005 In this review essay, we address the three principal questions that have dominated the debate over the distributive effects of globalization. First, how has globalization affected inequality among countries? Second, how has globalization affected inequality within countries? Third, how has globalization
Words: 9594 - Pages: 39
Lien Centre for Social Innovation Social Insight Research Series Inequality, Poverty and Unmet Social Needs in Singapore A Handbook on A Handbook on Inequality, Poverty and Unmet Social Needs in Singapore Lien Centre for Social Innovation CATHERINE J. SMITH (Additional research and writing by John Donaldson, Sanushka Mudaliar, Mumtaz Md Kadir and Yeoh Lam Keong) As this handbook is intended to provide an overview of the arguments of others, the role of the authors largely consisted
Words: 30222 - Pages: 121
Economics Perspective-volume 3, number 27-Summer 2013-Pages 21-34) is an attempt to analyze some reasons for not having an equal distribution of income, regarding special attention to the one percent of the people with the highest income. This issue has been debated for decades and has kept the attention of many economists. Since this disparity leads to inequality, the role the Government has been subject of analysis in order to stablish the level of involvement and the mechanism to solve the problem via
Words: 1161 - Pages: 5
reason to use the Big Mac over other goods like commodities is that the PPP posits that identical raw materials will not differ in price between nations, however, the price of the big mac will vary due to differentiation in rental and overhead costs between countries, McDonald’s is a profit making firm and therefore the price of the big mac will be dependent on cost. An alternative to the Big Mac may be to use a basket of goods to develop a more accurate, weighted measure of PPP or to use a higher-end/more
Words: 854 - Pages: 4
Gini coefficient From Wikipedia, the free encyclopedia http://en.wikipedia.org/wiki/Gini_coefficient Graphical representation of the Gini coefficient The Gini coefficient is a measure of inequality of a distribution. It is defined as a ratio with values between 0 and 1: the numerator is the area between the Lorenz curve of the distribution and the uniform distribution line; the denominator is the area under the uniform distribution line. It was developed by the Italian statistician Corrado
Words: 2796 - Pages: 12
on income distribution by quintiles in your society. Is your society more like Mexico or more like Japan in its degree of inequality? - We live in a world of staggering and unprecedented income inequality. Nothing could be further from the truth than the idea that poverty is increasing. However, America has a higher degree of income inequality than almost any other developed country. Most countries spend a bigger share of their national output on social programs, which tend to decrease income inequality
Words: 436 - Pages: 2
Questions for Article 3 Seminar 3 (Week 4) “Why Is Income Inequality in America So Pronounced? Consider Education”, by TYLER COWEN – May 17, 2007. 1. The article states, "starting about 1950, the relative returns for schooling rose, and they skyrocketed after 1980. The reason is supply and demand….Those in need of skilled labor are bidding for a relatively stagnant supply [of educated workers] and so must pay more." U.S. trade as a fraction of the economy has also grown somewhat since about
Words: 522 - Pages: 3
not relate to inequality in education, the concept of students being expected to be successful in school while not having the resources they need to learn is absurd and is discussed in the articles “Inequality in the American Education System,” by William H. Schmidt, and “Inequality in Education,” by Kevin D. Williamson. These articles discuss how inequality in education exists because of low tracking for students, weak learning resources, and lack of proper nutrition. Social inequality in our country
Words: 726 - Pages: 3
they still have a monopoly on their former colonies commodities. They use multi-national companies as a mean to control these commodities and other resources. As a result, most of the profit (generated) by the natural resources in underdeveloped countries, in fact goes to more develop countries. This caused the economies of former colonies to cripple. Furthermore, these states are still suffering from the legacy of inequality and ethnic tension which also prevent them from developing. Whereas, developed
Words: 1334 - Pages: 6
Harsh Agarwal Dipankar Duttagupta MIDDLE-INCOME TRAP IN INDIA MIDDLE-INCOME TRAP IN INDIA TABLE OF CONTENTS 1. Introduction……………………………………………………………………………………………… 2. The Middle Income Trap…………………………………………………………………………… 3. Reason why countries are struck in Middle-Income Trap…………………………. 4. India enters the Middle Income Group…………………………………………………….. 5. Factors causing Middle Income Trap and Economic Slowdown………………… 6. Income inequality and its relevance…………………………………………………………
Words: 3190 - Pages: 13
