Inequality and Growth: Patterns and Policy

Volume II: Regions and Regularities

  • Kaushik Basu
  • Joseph E. Stiglitz

Part of the International Economics Association book series (IEA)

Table of contents

  1. Front Matter
    Pages i-xxix
  2. Miles Corak, Patrizio Piraino, Francisco H. G. Ferreira
    Pages 1-34
  3. James K. Galbraith, Beatrice Halbach, Aleksandra Malinowska, Amin Shams, Wenjie Zhang, Edward N. Wolff
    Pages 98-135
  4. Jonathan D. Ostry, François Bourguignon
    Pages 136-162
  5. Radwan A. Shaban, Shantayanan Devarajan
    Pages 195-211
  6. Nora Lustig, Luis F. Lopez-Calva, Eduardo Ortiz-Juarez, Célestin Monga
    Pages 212-247
  7. Ashwini Deshpande, William Darity Jr.
    Pages 248-273
  8. Back Matter
    Pages 274-282

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.


Inequality Growth Shared Prosperity Wealth Poverty Prejudice Discrimination Latin America India Arab Countries development Economic Development economic growth growth Income inequality inequality macroeconomics mobility poverty

Editors and affiliations

  • Kaushik Basu
    • 1
  • Joseph E. Stiglitz
    • 2
  1. 1.World BankUSA
  2. 2.Columbia UniversityNew YorkUSA

Bibliographic information

  • DOI
  • Copyright Information The Editor(s) (if applicable) and The Author(s) 2016
  • Publisher Name Palgrave Macmillan, London
  • eBook Packages Economics and Finance
  • Print ISBN 978-1-137-55458-1
  • Online ISBN 978-1-137-55459-8
  • Buy this book on publisher's site