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Growth, Inequality, and Globalization

Theory, History, and Policy

Jeffrey G Williamson author Philippe Aghion author

Format:Paperback

Publisher:Cambridge University Press

Published:8th Apr '99

Currently unavailable, and unfortunately no date known when it will be back

Growth, Inequality, and Globalization cover

Two of the world's leading economists discuss fundamental issues of inequality and economic growth.

Two of the world's leading economists, Professors Philippe Aghion (a theorist) and Jeffrey Williamson (an economic historian), jointly question the conventional wisdom on inequality and growth, and address its inability to explain recent economic experience. This concise exposition of major themes is accessible to policy-makers, professional economists and students.The question of how inequality is generated and how it reproduces over time has been a major concern for social scientists for more than a century. Yet the relationship between inequality and the process of economic development is far from being well understood. These Raffaele Mattioli Lectures have brought together two of the world's leading economists, Professors Philippe Aghion (a theorist) and Jeffrey Williamson (an economic historian), to question the conventional wisdom on inequality and growth, and address its inability to explain recent economic experience. Professor Aghion assesses the affects of inequality on growth, and asks whether inequality matters: if so why is excessive inequality bad for growth, and is it possible to reconcile aggregate findings with macroeconomic theories of incentives? In the second part Jeffrey Williamson discusses the Kuznets hypothesis, and focuses on the causes of the rise of wage and income inequality in developed economies.

"Recommended for upper-division undergraduate and graduate collections." Choice

ISBN: 9780521659109

Dimensions: 216mm x 139mm x 21mm

Weight: 300g

216 pages