Branko Milanovic
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Global Income Inequality: What It Is and Why It Matters?
In an upcoming paper in World Economics, “Global Income Inequality: What It Is and Why It Matters?” Branko Milanovic outlines the meaning of global inequality - inequality between the world’s citizens. Milanovic explores the limits of our ability to measure global inequality, and the thorny challenges of assessing whether inequality has changed over the years, whether globalization has impacted the gap between the global rich and poor, and how extreme world inequality might ever be changed through global governance.
About the Author
Former Adjunct Scholar
Milanovic is a lead economist in the World Bank's research department,where he has been working on the topics of income inequality and globalization. Previously, he was a World Bank country economist for Poland and a research fellow at the Institute of Economic Sciences in Belgrade.
- Global Crisis: How Far to Go? Part IIn The Media
- Why Did the Poorest Countries Fail to Catch Up?Paper
Branko Milanovic
Recent Work
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
More Work from Carnegie Europe
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For years, the United States anchored global cyber diplomacy. As Washington rethinks its leadership role, the launch of the UN’s Cyber Global Mechanism may test how allies adjust their engagement.
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Europe’s reaction to the war in Iran has been disunited and meek, a far cry from its previously leading role in diplomacy with Tehran. To avoid being condemned to the sidelines while escalation continues, Brussels needs to stand up for international law.
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- How Europe Can Survive the AI Labor TransitionCommentary
Integrating AI into the workplace will increase job insecurity, fundamentally reshaping labor markets. To anticipate and manage this transition, the EU must build public trust, provide training infrastructures, and establish social protections.
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EU member states clash over how to boost the union’s competitiveness: Some want to favor European industries in public procurement, while others worry this could deter foreign investment. So, can the EU simultaneously attract global capital and reduce dependencies?
Rym Momtaz, ed.