Inequality and Uneven Development in the Post-Crisis World

ISBN-13: 9781138229563 / Angielski / Twarda / 2017 / 260 str.

Sebastiano Fadda; Pasquale Tridico

Opis

In the years following the financial crash, two issues have become central to the debate in economics: inequality and the uneven nature of (sustainable) development. People want to know why inequality has been increasing so much in the last three decades, why most advanced economies are stagnating or are experiencing moderate economic growth, and why, even where economic growth is occurring, the quality of that growth is questioned. And in advanced economies in particular, the most pressing items on the policy agenda of governments and international organizations are economic development, full employment and decent work, equality and environment protection. For these reasons, this book explores the issues in stake in both reducing inequality and ensuring sustainable development. The first part concerns the theoretical aspects of inequality, and ethical issues concerning economics and equality. The second part explores empirical evidence and policy suggestions drawing on the uneven levels of development and unprecedented levels of inequality experienced among advanced economies in the context of global financial capitalism. The third part focuses on sustainable development issues such as full employment, social costs of globalization, environmental sustainability and ecological issues. These issues pose significant questions about the future of capitalism which seems to promise only greater level of inequality and more uneven development.