Global Income Inequality: What it is and Why it Matters

Milanovic, Branko

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Global Income Inequality: What it is and Why it Matters

World Bank Policy Research Working Paper No. 3865

35 Pages Posted: 20 Apr 2016

See all articles by Branko Milanovic

Branko Milanovic

World Bank - Development Research Group (DECRG); University of Maryland

Date Written: March 1, 2006

Abstract

The paper presents a nontechnical summary of the current state of debate on the measurement and implications of global inequality (inequality between citizens of the world). It discusses the relationship between globalization and global inequality. And it shows why global inequality matters and proposes a scheme for global redistribution.

Suggested Citation: Suggested Citation

Milanovic, Branko, Global Income Inequality: What it is and Why it Matters (March 1, 2006). World Bank Policy Research Working Paper No. 3865, Available at SSRN: https://ssrn.com/abstract=922991