In The Media
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.
Published on Dec 1, 2005
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. Click here to read the full text.
About the Author
Branko Milanovic
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 I
- 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 Endowment for International Peace
- Who Paid for China’s Last Debt Cleanup, and Who Will Pay for the Next?Commentary
China’s banking crisis in the 2000s was resolved by transferring the costs to households through financial repression—a decision that recapitalized the banks while exacerbating the structural imbalances that continue to shape the Chinese economy today.
Michael Pettis
- Caught in the Middle: Chinese Biotech Firms’ Divergent Responses to U.S. SanctionsCommentary
Chinese biotech companies have been on the receiving end of U.S. economic coercion. Yet their responses have differed significantly because firm and state interests are not uniformly aligned. For Washington, treating all Chinese tech firms the same, irrespective of their actual interests, risks pushing them farther into Beijing’s corner.
Xue Gong
- Inside the Global Race to Erode a Battery Manufacturing MonopolyCommentary
Over the past decade, China has moved from marginal player to major producer of all things batteries. The United States, Europe, and others are aiming to balance the market.
Milo McBride
- Why Korea’s President Skipped Washington for Silicon Valley and BrasíliaCommentary
Lee’s tour shows how Seoul is reorganizing its diplomacy away from Pyongyang and toward industrial networks and the geography of the compute economy.
Darcie Draudt-Véjares
- The Migration Wave That Embarrassed Morocco and Rattled EuropeCommentary
Most migrants may have left Ceuta, but the effects may linger.
Alejandro Martin Rodriguez, Sarah Yerkes
