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 India 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 India
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This piece argues that India’s central challenge is not managing a single flashpoint but resolving the underlying tension between expansion and institutional coherency of the BRICS grouping.
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- India’s Press Note 3 Gamble: Opening the FDI Door to ChinaArticle
On March 10, 2026, India’s Union Cabinet approved amendments to Press Note 3, a regulation that mandated government approval on all foreign direct investment (FDI) from countries sharing a land border with India. This amendment raises questions primarily about whether its stated benefits will materialize and if the risks have been adequately weighed. This piece will address the same.
Konark Bhandari
- The Impact of U.S. Sanctions and Tariffs on India’s Russian Oil ImportsCommentary
This piece examines India’s response to U.S. sanctions and tariffs, specifically assessing the immediate market consequences, such as alterations in import costs, and the broader strategic implications for India’s energy security and foreign policy orientation.
Vrinda Sahai
- India-China Economic Ties: Determinants and PossibilitiesPaper
This paper examines the evolution of India-China economic ties from 2005 to 2025. It explores the impact of global events, bilateral political ties, and domestic policies on distinct spheres of the economic relationship.
Santosh Pai