Global Inequality and the Global Inequality Extraction Ratio : The Story of the Past Two Centuries
Using social tables, the author makes an estimate of global inequality (inequality among world citizens) in the early 19th century. The analysis shows that the level and composition of global inequality have changed over the past two centuries. The...
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| Format: | Policy Research Working Paper |
| Language: | English |
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2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090909092401 http://hdl.handle.net/10986/4237 |
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okr-10986-42372021-04-23T14:02:16Z Global Inequality and the Global Inequality Extraction Ratio : The Story of the Past Two Centuries Milanovic, Branko AVERAGE INCOME AVERAGE INCOME LEVEL AVERAGE INCOMES BIASES COUNTRY INEQUALITY CPI DEBT DECREASING INEQUALITY DEVELOPED COUNTRIES DISTRIBUTION OF INCOME DOWNWARD BIAS ECONOMIC DEVELOPMENT ECONOMIC PROGRESS ECONOMIC RESEARCH ECONOMIC REVIEW FARMERS GDP GINI COEFFICIENT GLOBAL INEQUALITY GROWTH RATES HIGH GROWTH HIGH INEQUALITY HISTORICAL DATA HISTORICAL PERSPECTIVE HOUSEHOLD INCOMES HOUSEHOLD SURVEY DATA HOUSEHOLD SURVEYS HOUSEHOLDS INCOME INCOME DIFFERENCES INCOME DISTRIBUTION INCOME DISTRIBUTION DATA INCOME DISTRIBUTIONS INCOME INEQUALITY INCOME LEVELS INCOME SHARE INCOMES INDIVIDUAL COUNTRIES INEQUALITIES INEQUALITY INEQUALITY DATA INEQUALITY ESTIMATES INEQUALITY INDEX INTERNATIONAL BANK INTERNATIONAL INEQUALITY LABOR MARKET LOW INCOME MEAN INCOME MEAN INCOMES MERCHANT MERCHANTS OVERALL INEQUALITY PER CAPITA INCOME POLICY RESEARCH POOR POPULATION SHARE POWER PARITY PUBLIC POLICY PURCHASING POWER PURCHASING POWER PARITY REAL GROWTH SOCIAL CLASS SOCIAL CLASSES SOURCE OF INFORMATION TOTAL INEQUALITY WAR WORLD INCOME INEQUALITY Using social tables, the author makes an estimate of global inequality (inequality among world citizens) in the early 19th century. The analysis shows that the level and composition of global inequality have changed over the past two centuries. The level has increased, reaching a high plateau around the 1950s, and the main determinants of global inequality have become differences in mean country incomes rather than inequalities within nations. The inequality extraction ratio (the percentage of total inequality that was extracted by global elites) has remained surprisingly stable, at around 70 percent of the maximum global Gini, during the past 100 years. 2012-03-19T19:12:23Z 2012-03-19T19:12:23Z 2009-09-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090909092401 http://hdl.handle.net/10986/4237 English Paper is funded by the Knowledge for Change Program (KCP),Policy Research working paper ; no. WPS 5044 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper The World Region The World Region |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
AVERAGE INCOME AVERAGE INCOME LEVEL AVERAGE INCOMES BIASES COUNTRY INEQUALITY CPI DEBT DECREASING INEQUALITY DEVELOPED COUNTRIES DISTRIBUTION OF INCOME DOWNWARD BIAS ECONOMIC DEVELOPMENT ECONOMIC PROGRESS ECONOMIC RESEARCH ECONOMIC REVIEW FARMERS GDP GINI COEFFICIENT GLOBAL INEQUALITY GROWTH RATES HIGH GROWTH HIGH INEQUALITY HISTORICAL DATA HISTORICAL PERSPECTIVE HOUSEHOLD INCOMES HOUSEHOLD SURVEY DATA HOUSEHOLD SURVEYS HOUSEHOLDS INCOME INCOME DIFFERENCES INCOME DISTRIBUTION INCOME DISTRIBUTION DATA INCOME DISTRIBUTIONS INCOME INEQUALITY INCOME LEVELS INCOME SHARE INCOMES INDIVIDUAL COUNTRIES INEQUALITIES INEQUALITY INEQUALITY DATA INEQUALITY ESTIMATES INEQUALITY INDEX INTERNATIONAL BANK INTERNATIONAL INEQUALITY LABOR MARKET LOW INCOME MEAN INCOME MEAN INCOMES MERCHANT MERCHANTS OVERALL INEQUALITY PER CAPITA INCOME POLICY RESEARCH POOR POPULATION SHARE POWER PARITY PUBLIC POLICY PURCHASING POWER PURCHASING POWER PARITY REAL GROWTH SOCIAL CLASS SOCIAL CLASSES SOURCE OF INFORMATION TOTAL INEQUALITY WAR WORLD INCOME INEQUALITY |
| spellingShingle |
AVERAGE INCOME AVERAGE INCOME LEVEL AVERAGE INCOMES BIASES COUNTRY INEQUALITY CPI DEBT DECREASING INEQUALITY DEVELOPED COUNTRIES DISTRIBUTION OF INCOME DOWNWARD BIAS ECONOMIC DEVELOPMENT ECONOMIC PROGRESS ECONOMIC RESEARCH ECONOMIC REVIEW FARMERS GDP GINI COEFFICIENT GLOBAL INEQUALITY GROWTH RATES HIGH GROWTH HIGH INEQUALITY HISTORICAL DATA HISTORICAL PERSPECTIVE HOUSEHOLD INCOMES HOUSEHOLD SURVEY DATA HOUSEHOLD SURVEYS HOUSEHOLDS INCOME INCOME DIFFERENCES INCOME DISTRIBUTION INCOME DISTRIBUTION DATA INCOME DISTRIBUTIONS INCOME INEQUALITY INCOME LEVELS INCOME SHARE INCOMES INDIVIDUAL COUNTRIES INEQUALITIES INEQUALITY INEQUALITY DATA INEQUALITY ESTIMATES INEQUALITY INDEX INTERNATIONAL BANK INTERNATIONAL INEQUALITY LABOR MARKET LOW INCOME MEAN INCOME MEAN INCOMES MERCHANT MERCHANTS OVERALL INEQUALITY PER CAPITA INCOME POLICY RESEARCH POOR POPULATION SHARE POWER PARITY PUBLIC POLICY PURCHASING POWER PURCHASING POWER PARITY REAL GROWTH SOCIAL CLASS SOCIAL CLASSES SOURCE OF INFORMATION TOTAL INEQUALITY WAR WORLD INCOME INEQUALITY Milanovic, Branko Global Inequality and the Global Inequality Extraction Ratio : The Story of the Past Two Centuries |
| geographic_facet |
The World Region The World Region |
| relation |
Paper is funded by the Knowledge for Change
Program (KCP),Policy Research working paper ; no. WPS 5044 |
| description |
Using social tables, the author makes an
estimate of global inequality (inequality among world
citizens) in the early 19th century. The analysis shows that
the level and composition of global inequality have changed
over the past two centuries. The level has increased,
reaching a high plateau around the 1950s, and the main
determinants of global inequality have become differences in
mean country incomes rather than inequalities within
nations. The inequality extraction ratio (the percentage of
total inequality that was extracted by global elites) has
remained surprisingly stable, at around 70 percent of the
maximum global Gini, during the past 100 years. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Milanovic, Branko |
| author_facet |
Milanovic, Branko |
| author_sort |
Milanovic, Branko |
| title |
Global Inequality and the Global Inequality Extraction Ratio : The Story of the Past Two Centuries |
| title_short |
Global Inequality and the Global Inequality Extraction Ratio : The Story of the Past Two Centuries |
| title_full |
Global Inequality and the Global Inequality Extraction Ratio : The Story of the Past Two Centuries |
| title_fullStr |
Global Inequality and the Global Inequality Extraction Ratio : The Story of the Past Two Centuries |
| title_full_unstemmed |
Global Inequality and the Global Inequality Extraction Ratio : The Story of the Past Two Centuries |
| title_sort |
global inequality and the global inequality extraction ratio : the story of the past two centuries |
| publishDate |
2012 |
| url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090909092401 http://hdl.handle.net/10986/4237 |
| _version_ |
1764390540279808000 |