Global redistribution of income:
"The actual distribution of world income across countries is extremely unequal, much higher than the within country inequality faced by most countries. The question studied in this paper is: How do international policies on aid, trade, and factor movements affect the international distribution...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
[Washington, D.C]
World Bank
[2006]
|
| Schriftenreihe: | Policy research working paper
3961 |
| Schlagworte: | |
| Online-Zugang: | BSB01 EUV01 HTW01 FHI01 IOS01 Volltext |
| Zusammenfassung: | "The actual distribution of world income across countries is extremely unequal, much higher than the within country inequality faced by most countries. The question studied in this paper is: How do international policies on aid, trade, and factor movements affect the international distribution of income? To begin to answer this question, the authors calculate the impact by decile of the actual level of aid flows and the effect on potential income of merchandise trade restrictions by high-income countries. They find that aid's distributional impact is equality enhancing. While it is extremely small in terms of changes in standard inequality measures, it is of some importance for the lowest decile of the world's income distribution. The authors also find that some of this impact is counteracted by lost potential income in the lower deciles from merchandise trade barriers imposed by high-income countries. In brief, there is a contradiction in international policies where aid's equality-enhancing effect is somewhat offset by protectionism. They also discuss some of the analytical difficulties with extending this analysis of redistribution to other forms of international factor flows-more specifically, migrant worker and profit remittances. The analysis presented is partial and static and ignores within country distribution. As such, the authors suggest that future research should explore the distributional consequences of the broader general equilibrium effects, dynamic effects, and externalities associated with aid, trade, and factor flows. Future research should also analyze the within country distributional impacts of international policies. "--World Bank web site |
| Beschreibung: | Includes bibliographical references Title from PDF file as viewed on 8/23/2006 |
| Beschreibung: | 1 Online-Ressource |
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| 245 | 1 | 0 | |a Global redistribution of income |c Francois Bourguignon, Victoria Levin, David Rosenblatt, Research working paper Collection Title:Policy |
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| 520 | 3 | |a "The actual distribution of world income across countries is extremely unequal, much higher than the within country inequality faced by most countries. The question studied in this paper is: How do international policies on aid, trade, and factor movements affect the international distribution of income? To begin to answer this question, the authors calculate the impact by decile of the actual level of aid flows and the effect on potential income of merchandise trade restrictions by high-income countries. They find that aid's distributional impact is equality enhancing. While it is extremely small in terms of changes in standard inequality measures, it is of some importance for the lowest decile of the world's income distribution. The authors also find that some of this impact is counteracted by lost potential income in the lower deciles from merchandise trade barriers imposed by high-income countries. In brief, there is a contradiction in international policies where aid's equality-enhancing effect is somewhat offset by protectionism. They also discuss some of the analytical difficulties with extending this analysis of redistribution to other forms of international factor flows-more specifically, migrant worker and profit remittances. The analysis presented is partial and static and ignores within country distribution. As such, the authors suggest that future research should explore the distributional consequences of the broader general equilibrium effects, dynamic effects, and externalities associated with aid, trade, and factor flows. Future research should also analyze the within country distributional impacts of international policies. "--World Bank web site | |
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Datensatz im Suchindex
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| index_date | 2024-07-03T22:27:47Z |
| indexdate | 2024-07-10T09:54:31Z |
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| spelling | Bourguignon, François Verfasser aut Global redistribution of income Francois Bourguignon, Victoria Levin, David Rosenblatt, Research working paper Collection Title:Policy [Washington, D.C] World Bank [2006] 1 Online-Ressource txt rdacontent c rdamedia cr rdacarrier Policy research working paper 3961 Includes bibliographical references Title from PDF file as viewed on 8/23/2006 "The actual distribution of world income across countries is extremely unequal, much higher than the within country inequality faced by most countries. The question studied in this paper is: How do international policies on aid, trade, and factor movements affect the international distribution of income? To begin to answer this question, the authors calculate the impact by decile of the actual level of aid flows and the effect on potential income of merchandise trade restrictions by high-income countries. They find that aid's distributional impact is equality enhancing. While it is extremely small in terms of changes in standard inequality measures, it is of some importance for the lowest decile of the world's income distribution. The authors also find that some of this impact is counteracted by lost potential income in the lower deciles from merchandise trade barriers imposed by high-income countries. In brief, there is a contradiction in international policies where aid's equality-enhancing effect is somewhat offset by protectionism. They also discuss some of the analytical difficulties with extending this analysis of redistribution to other forms of international factor flows-more specifically, migrant worker and profit remittances. The analysis presented is partial and static and ignores within country distribution. As such, the authors suggest that future research should explore the distributional consequences of the broader general equilibrium effects, dynamic effects, and externalities associated with aid, trade, and factor flows. Future research should also analyze the within country distributional impacts of international policies. "--World Bank web site Online-Ausg Also available in print Commercial policy Economic assistance Income distribution Levin, Victoria Sonstige oth World Bank Sonstige oth Bourguignon, François Global redistribution of income http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3961 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Bourguignon, François Global redistribution of income Commercial policy Economic assistance Income distribution |
| title | Global redistribution of income |
| title_auth | Global redistribution of income |
| title_exact_search | Global redistribution of income |
| title_exact_search_txtP | Global redistribution of income |
| title_full | Global redistribution of income Francois Bourguignon, Victoria Levin, David Rosenblatt, Research working paper Collection Title:Policy |
| title_fullStr | Global redistribution of income Francois Bourguignon, Victoria Levin, David Rosenblatt, Research working paper Collection Title:Policy |
| title_full_unstemmed | Global redistribution of income Francois Bourguignon, Victoria Levin, David Rosenblatt, Research working paper Collection Title:Policy |
| title_short | Global redistribution of income |
| title_sort | global redistribution of income |
| topic | Commercial policy Economic assistance Income distribution |
| topic_facet | Commercial policy Economic assistance Income distribution |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3961 |
| work_keys_str_mv | AT bourguignonfrancois globalredistributionofincome AT levinvictoria globalredistributionofincome AT worldbank globalredistributionofincome |