- List of Figures
- List of Tables
- List of Contributors
- Equality: Its Justification, Nature, and Domain
- The Measurement of Economic Inequality
- Income Inequality in Richer and OECD Countries
- Functional Distribution and Inequality
- Wealth and Economic Inequality
- Top Incomes
- Inequality and Earnings Distribution
- Inequality and the Labor Market: Employers
- Inequality and the Labor Market: Unions
- Low Pay
- Gender and Economic Inequality
- Economic Inequality, Poverty, and Social Exclusion
- Inequality and Time Use in the Household
- Inequality and Happiness
- Health and Economic Inequality
- Education and Inequality
- Demographic Transformation and Economic Inequality
- International Migration, Ethnicity, and Economic Inequality
- Intergenerational Income Mobility and the Role of Family Background
- Intragenerational Inequality and Intertemporal Mobility
- Inequality and Economic Growth
- Globalization and Inequality
- Poverty and Inequality: The Global Context
- Economic Inequality and the Welfare State
- The Political Economy of Inequality and Redistribution
- Prospects for Achieving Equality in Market Economies
Abstract and Keywords
This article summarizes the recent evidence on global poverty and inequality, including both developed and developing countries. Section 1 discusses poverty and inequality data and presents evidence on levels and recent trends in poverty and inequality around the world. Section 2 turns to the issues involved in aggregating inequality indices across countries, in order to construct a meaningful measure of global inequality. Section 3 discusses the empirical relationship between economic growth, poverty, and inequality dynamics. Section 4 turns to the likely economic determinants of poverty and inequality changes. Section 5 offers some conclusions, and points to some promising research themes within this general topic.
Francisco H. G. Ferreira is a Lead Economist with the World Bank's Research Department, and a co-editor of the Journal of Economic Inequality. He holds a Ph.D. from the London School of Economics, and has taught at PUC-Rio de Janeiro.
Martin Ravallion is the director of the Development Research Group at the World Bank.
Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.
If you have purchased a print title that contains an access token, please see the token for information about how to register your code.