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The definitive reference on the most current economics of development and institutionsThe essential role that institutions play in understanding economic development has long been recognized across the social sciences, including in economics. Academic and policy interest in this subject has never been higher. The Handbook of Economic Development and Institutions is the first to bring together in one single volume the most cutting-edge work in this area by the best-known international economists. The volume's editors, themselves leading scholars in the discipline, provide a comprehensive introduction, and the stellar contributors offer up-to-date analysis into institutional change and its interactions with the dynamics of economic development.This book focuses on three critical issues: the definitions of institutions in order to argue for a causal link to development, the complex interplay between formal and informal institutions, and the evolution and coevolution of institutions and their interactions with the political economy of development. Topics examined include the relationship between institutions and growth, educational systems, the role of the media, and the intersection between traditional systems of patronage and political institutions. Each chapter—covering the frontier research in its area and pointing to new areas of research—is the product of extensive workshopping on the part of the contributors.The definitive reference work on this topic, The Handbook of Economic Development and Institutions will be essential for academics, researchers, and professionals working in the field.

Estudio sobre los pros y los contras de la globalización y de la consecuente aparición de la desigualdad y la forma en la que nuestra sociedad ha intentado lidiar con ellas. La fluidez de sus exposiciones consigue plantear argumentos irrefutables que pretenden, más que hacer una denuncia, entablar un diálogo con el presente y acaso extender un puente con el futuro de los estudios socioeconómicos que permitan dilucidar los problemas que la globalización trae consigo.

Why national and international equality matter and what we can do to ensure a fairer worldIn The Globalization of Inequality, distinguished economist and policymaker François Bourguignon examines the complex and paradoxical links between a vibrant world economy that has raised the living standard of over half a billion people in emerging nations such as China, India, and Brazil, and the exponentially increasing inequality within countries. Exploring globalization's role in the evolution of inequality, Bourguignon takes an original and truly international approach to the decrease in inequality between nations, the increase in inequality within nations, and the policies that might moderate inequality's negative effects.Demonstrating that in a globalized world it becomes harder to separate out the factors leading to domestic or international inequality, Bourguignon examines each trend through a variety of sources, and looks at how these inequalities sometimes balance each other out or reinforce one another. Factoring in the most recent economic crisis, Bourguignon investigates why inequality in some countries has dropped back to levels that have not existed for several decades, and he asks if these should be considered in the context of globalization or if they are in fact specific to individual nations. Ultimately, Bourguignon argues that it will be up to countries in the developed and developing world to implement better policies, even though globalization limits the scope for some potential redistributive instruments.An informed and original contribution to the current debates about inequality, this book will be essential reading for anyone who is interested in the future of the world economy.

In The Globalization of Inequality, distinguished economist and policymaker François Bourguignon examines the complex and paradoxical links between a vibrant world economy that has raised the living standard of over half a billion people in emerging nations such as China, India, and Brazil, and the exponentially increasing inequality within countries. Exploring globalization's role in the evolution of inequality, Bourguignon takes an original and truly international approach to the decrease in inequality between nations, the increase in inequality within nations, and the policies that might moderate inequality's negative effects.Demonstrating that in a globalized world it becomes harder to separate out the factors leading to domestic or international inequality, Bourguignon examines each trend through a variety of sources, and looks at how these inequalities sometimes balance each other out or reinforce one another. Factoring in the most recent economic crisis, Bourguignon investigates why inequality in some countries has dropped back to levels that have not existed for several decades, and he asks if these should be considered in the context of globalization or if they are in fact specific to individual nations. Ultimately, Bourguignon argues that it will be up to countries in the developed and developing world to implement better policies, even though globalization limits the scope for some potential redistributive instruments.An informed and original contribution to the current debates about inequality, this book will be essential reading for anyone who is interested in the future of the world economy.

What new theories, evidence, explanations, and policies have shaped our studies of income distribution in the 21st century? Editors Tony Atkinson and Francois Bourguignon assemble the expertise of leading authorities in this survey of substantive issues. In two volumes they address subjects that were not covered in Volume 1 (2000), such as education, health and experimental economics; and subjects that were covered but where there have been substantial new developments, such as the historical study of income inequality and globalization. Some chapters discuss future growth areas, such as inheritance, the links between inequality and macro-economics and finance, and the distributional implications of climate change. They also update empirical advances and major changes in the policy environment. - The volumes define and organize key areas of income distribution studies - Contributors focus on identifying newly developing questions and opportunities for future research - The authoritative articles emphasize the ways that income mobility and inequality studies have recently gained greater political significance

Segen oder Teufelswerk? Ist die Globalisierung für den beispiellosen Anstieg von Ungleichheit in der Welt verantwortlich? Verweist sie alle Hoffnungen auf soziale Gerechtigkeit ins Reich der Utopie? Kaum eine Debatte wird so erhitzt geführt wie jene um die Globalisierung. Das Verhältnis von Ungleichheit und Globalisierung muss in der doppelten Perspektive - national und international - betrachtet werden, um in seiner Komplexität begreifbar zu werden. So steht dem Anstieg nationaler Ungleichheit paradoxerweise eine Abnahme globaler Ungleichheit gegenüber. Bourguignon, ehemaliger Chefökonom der Weltbank, analysiert diese antagonistischen Effekte der Globalisierung. Mit Blick auf die Schwellenländer ist die Ungleichheit im Weltvergleich geringer geworden: Der Lebensstandard in Brasilien, China oder Indien nähert sich langsam demjenigen der Nordamerikaner und Europäer an. Binnenstaatlich betrachtet sind die Ungleichheiten jedoch in einer nicht geringen Anzahl der Länder eklatant geworden, was zu sozialen Spannungen führen musste. Ohne neue Marktregularien, einer steuerlich indizierten Umverteilung und Gehaltsobergrenzen wird die zunehmende Ungleichheit nicht einzudämmen sein. Bourguignon beschreibt das Instrumentarium, das den nationalen wie internationalen Entscheidungsträgern zur Verfügung steht, um eine an Gerechtigkeitsmaßstäben ausgerichtete Verteilungspolitik zu verwirklichen. Wer heute zunehmende Globalisierung der Ungleichheit verhindern will, muss für eine Globalisierung der Umverteilung eintreten.

A companion to the bestseller, The Impact of Economic Policies on Poverty and Income Distribution, this title deals with theoretical challenges and cutting-edge macro-micro linkage models. The authors compare the predictive and analytical power of various macro-micro linkage techniques using the traditional RHG approach as a benchmark to evaluate standard policies, such as a typical stabilization package and a typical structural reform policy.

This book presents papers from the conference on'Scaling up the Success of Capacity Building in Economic Education and Research,'which took place in Budapest at the Central European University campus. It includes contributions from key researchers, academics and policy makers from Europe, the United States, and developing countries that identify and brainstorm on capacity building challenges.