Global income inequality by the numbers: in history and nowan overview

By Branko Milanovic. BBTA Journal: Thoughts on Banking and Finance, 2012

211 citations recorded by the source corpus.

The paper presents an overview of calculations of global inequality, recently and over the long-run ax well as main controversies and political and philosophical implications of the findings. It focuses in particular on the winners and losers of the most recent episode of globalization, from 1988 to 2008 suggests that the period might have witnessed the first decline in global inequality between world citizens since the Industrial Revolution. The decline however can be sustained only if countries' mean incomes continue to converge (as they have been doing during the past ten years) and if internal (within-country) inequalities, which are already high, are kept in check. Mean-income convergence would also reduce the huge "citizenship premium" that is enjoyed today by the citizens of rich countries.

Subfields: Economics and Econometrics, Sociology and Political Science

View Paper: https://www.semanticscholar.org/paper/1cf0d3cbaa4565bf46b7edbdb0c5c98535eb132e

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

In Sociology and Political Science

Citations in the corpus

Recent trends in inequality and poverty in developing countries (2013, methodology): “The dataset has been used in several studies to compute global inequality (Milanovic, 2002, 2005, 2012).”
The Influence of Tourism on Income Inequality (2020, result): “In fact, these results are consistent with previous studies, such as Reuveny and Li (2003), but opposite to others, for example, Milanovic (2012) and Oyvat (2016).”
Assessing the Effectiveness of Energy Efficiency Measures in the Residential Sector Gas Consumption Through Dynamic Treatment Effects: Evidence from England and Wales (2022, methodology): “Percentile analysis has been widely used in inequality research to study the distribution of income and wealth, see e.g., Piketty (2014), Anand and Segal (2015), and Milanovic (2012), among others.”
Linking Economic Complexity, Institutions and Income Inequality (2015, background): “Notably, in several emerging economies, technological catch-up and industrialization have provided new jobs and learning opportunities for workers, contributing to the rise of a new middle class (Milanovic, 2012).”