Confronting Inequality

How Societies Can Choose Inclusive Growth

Business & Finance, Economics, Money & Monetary Policy, Nonfiction, Social & Cultural Studies, Political Science, Government, Social Policy, Politics, Economic Policy
Cover of the book Confronting Inequality by Jonathan D. Ostry, Prakash Loungani, Andrew Berg, Columbia University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Jonathan D. Ostry, Prakash Loungani, Andrew Berg ISBN: 9780231527613
Publisher: Columbia University Press Publication: January 8, 2019
Imprint: Columbia University Press Language: English
Author: Jonathan D. Ostry, Prakash Loungani, Andrew Berg
ISBN: 9780231527613
Publisher: Columbia University Press
Publication: January 8, 2019
Imprint: Columbia University Press
Language: English

Inequality has drastically increased in many countries around the globe over the past three decades. The widening gap between the very rich and everyone else is often portrayed as an unexpected outcome or as the tradeoff we must accept to achieve economic growth. In this book, three International Monetary Fund economists show that this increase in inequality has in fact been a political choice—and explain what policies we should choose instead to achieve a more inclusive economy.

Jonathan D. Ostry, Prakash Loungani, and Andrew Berg demonstrate that the extent of inequality depends on the policies governments choose—such as whether to let capital move unhindered across national boundaries, how much austerity to impose, and how much to deregulate markets. While these policies do often confer growth benefits, they have also been responsible for much of the increase in inequality. The book also shows that inequality leads to weaker economic performance and proposes alternative policies capable of delivering more inclusive growth. In addition to improving access to health care and quality education, they call for redistribution from the rich to the poor and present evidence showing that redistribution does not hurt growth. Accessible to scholars across disciplines as well as to students and policy makers, Confronting Inequality is a rigorous and empirically rich book that is crucial for a time when many fear a new Gilded Age.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Inequality has drastically increased in many countries around the globe over the past three decades. The widening gap between the very rich and everyone else is often portrayed as an unexpected outcome or as the tradeoff we must accept to achieve economic growth. In this book, three International Monetary Fund economists show that this increase in inequality has in fact been a political choice—and explain what policies we should choose instead to achieve a more inclusive economy.

Jonathan D. Ostry, Prakash Loungani, and Andrew Berg demonstrate that the extent of inequality depends on the policies governments choose—such as whether to let capital move unhindered across national boundaries, how much austerity to impose, and how much to deregulate markets. While these policies do often confer growth benefits, they have also been responsible for much of the increase in inequality. The book also shows that inequality leads to weaker economic performance and proposes alternative policies capable of delivering more inclusive growth. In addition to improving access to health care and quality education, they call for redistribution from the rich to the poor and present evidence showing that redistribution does not hurt growth. Accessible to scholars across disciplines as well as to students and policy makers, Confronting Inequality is a rigorous and empirically rich book that is crucial for a time when many fear a new Gilded Age.

More books from Columbia University Press

Cover of the book River Republic by Jonathan D. Ostry, Prakash Loungani, Andrew Berg
Cover of the book Fountain House by Jonathan D. Ostry, Prakash Loungani, Andrew Berg
Cover of the book Hog and Hominy by Jonathan D. Ostry, Prakash Loungani, Andrew Berg
Cover of the book Public Speech and the Culture of Public Life in the Age of Gladstone by Jonathan D. Ostry, Prakash Loungani, Andrew Berg
Cover of the book Reshaping Theory in Contemporary Social Work by Jonathan D. Ostry, Prakash Loungani, Andrew Berg
Cover of the book Continental Strangers by Jonathan D. Ostry, Prakash Loungani, Andrew Berg
Cover of the book Fear, Wonder, and Science in the New Age of Reproductive Biotechnology by Jonathan D. Ostry, Prakash Loungani, Andrew Berg
Cover of the book Climate Change by Jonathan D. Ostry, Prakash Loungani, Andrew Berg
Cover of the book The Quest for Security by Jonathan D. Ostry, Prakash Loungani, Andrew Berg
Cover of the book Peep Shows by Jonathan D. Ostry, Prakash Loungani, Andrew Berg
Cover of the book Neither Ghost nor Machine by Jonathan D. Ostry, Prakash Loungani, Andrew Berg
Cover of the book The Self Possessed by Jonathan D. Ostry, Prakash Loungani, Andrew Berg
Cover of the book Antigone's Claim by Jonathan D. Ostry, Prakash Loungani, Andrew Berg
Cover of the book Liquid Metal by Jonathan D. Ostry, Prakash Loungani, Andrew Berg
Cover of the book A Revolution in Eating by Jonathan D. Ostry, Prakash Loungani, Andrew Berg
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy