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Confronting Inequality : How Societies Can Choose Inclusive Growth by Ostry, Jonathan D.; Loungani, Prakash; Berg, Andrew; Stiglitz, Joseph E. is a nonfiction available to read on EtoBox.

What is Confronting Inequality : How Societies Can Choose Inclusive Growth about?

Inequality has drastically increased in many countries around the globe over the past three decades. The widening gap between the very rich and everyone else is often portrayed as an unexpected outcome or as the tradeoff we must accept to achieve economic growth. In this book, three International Monetary Fund economists show that this increase in inequality has in fact been a political choice—and explain what policies we should choose instead to achieve a more inclusive economy.Jonathan D. Ostry, Prakash Loungani, and Andrew Berg demonstrate that the extent of inequality depends on the policies governments choose—such as whether to let capital move unhindered across national boundaries, how much austerity to impose, and how much to deregulate markets. While these policies do often confer growth benefits, they have also been responsible for much of the increase in inequality. The book also shows that inequality leads to weaker economic performance and...Inequality has drastically increased in many countries around the globe over the past three decades. The widening gap between the very rich and everyone else is often portrayed as an unexpected outcome or as the tradeoff we must acc

Who reads Confronting Inequality : How Societies Can Choose Inclusive Growth?

Author

Ostry, Jonathan D.; Loungani, Prakash; Berg, Andrew; Stiglitz, Joseph E.

Publisher

Columbia University Press

Published

2019

Language

EN

ISBN

9780231174695

Category

nonfiction

Subjects

Business, Political Science, Economics