Ostry, Jonathan D.
Confronting Inequality: How Societies Can Choose Inclusive Growth
- ISBN 13:
- 9780231174695
- author:
- Ostry, Jonathan D.
- format:
- Paperback / softback
- publisher:
- Columbia University Press
- language:
- English
- Publication Year:
- 2019
- Pages:
- 192
- Dimensions:
- 22.9 x 15.2 centimetres (0.29 kg
- Genre:
- Business, Money & Monetary Policy, Nonfiction
- Condition:
- New
- Availability:
- Item usually sent within 10 working days
Description
Confronting Inequality: How Societies Can Choose Inclusive Growth explores the growing gap between rich and poor in many countries. Three International Monetary Fund economists argue that this increase in inequality is often a deliberate policy choice, rather than an inevitable outcome of economic growth. The authors show how government policies, such as those affecting capital mobility and market regulation, can contribute to rising inequality. They also demonstrate that inequality can lead to weaker economic performance and propose alternative policies capable of delivering more inclusive growth. This book presents evidence that redistribution from the rich to the poor does not harm economic growth, making it a crucial read for scholars, students, and policymakers seeking to address growing income disparities. Accessible and empirically rich, Confronting Inequality is a timely analysis of how societies can choose a more equitable path forward.
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