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Global Inequality: A New Approach for the Age of Globalization Hardcover – 5 Apr 2016

4.6 out of 5 stars 5 customer reviews

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Product details

  • Hardcover: 320 pages
  • Publisher: Harvard University Press (5 April 2016)
  • Language: English
  • ISBN-10: 067473713X
  • ISBN-13: 978-0674737136
  • Product Dimensions: 14.7 x 2.8 x 21.6 cm
  • Average Customer Review: 4.6 out of 5 stars  See all reviews (5 customer reviews)
  • Amazon Bestsellers Rank: 49,611 in Books (See Top 100 in Books)

Product Description

Review

"Branko Milanovic has written an outstanding book. Global Inequality: A New Approach for the Age of Globalization is informative, wide-ranging, scholarly, imaginative and commendably brief. As you would expect from one of the world's leading experts on this topic, Milanovic has added significantly to important recent works by Thomas Piketty, Anthony Atkinson and François Bourguignon... Ever-rising inequality looks a highly unlikely combination with any genuine democracy. It is to the credit of Milanovic's book that it brings out these dangers so clearly, along with the important global successes of the past few decades." - Martin Wolf, Financial Times

"In this fascinating book, Milanovic is able to articulate the study of inequality between and within countries in the clearest possible way. A must-read." - --Thomas Piketty, Paris School of Economics

"The data [Milanovic] provides offer a clearer picture of great economic puzzles, and his bold theorising chips away at tired economic orthodoxies." - The Economist

"Global Inequality goes well beyond the narrative of rising inequality captured by French economist Thomas Piketty's surprise 2014 best-seller, Capital in the Twenty-First Century. In his highly readable account, Milanovic puts that development into the context of the centuries-long ebbs and flows of inequality driven by economic changes, such as the Industrial Revolution, as well epidemics, mass migrations, revolutions, wars and other political upheavals." - --Matt Phillips, Quartz

"Milanovic makes global inequality his central focus, though with considerable attention to related political issues. he brings fresh insights to one of today's most talked about issues, clearing up confusion on the way."New Statesman

"Milanovic's outstanding book adds significantly to recent works by Thomas Piketty, Anthony Atkinson and Francois Bourguignon." --Financial Times best books for summer

About the Author

Branko Milanovic is Senior Scholar at the Luxembourg Income Study Center, and Visiting Presidential Professor, Graduate Center, City University of New York.


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By Hande Z TOP 500 REVIEWER on 13 Jun. 2016
Format: Hardcover
This is a scholarly book about global inequality, that is, ‘income inequality among citizens of the world’. It is, as Milanovic explains, ‘the sum of all national inequalities plus the sum of all gaps in mean incomes among countries’.

In his study, Milanovic focusses on the Kuznets hypothesis – that in industrialized countries, inequality will initially increase and then decrease, resulting in an inverted U-shaped curve. In recent times, inequality seems to be rising when all the factors indicate that it should have followed the Kuznets curve. Milanovic explains why the projected pattern did not materialise. One can point to ‘the hollowing of the middle class and the rising political importance of the rich’, but there are other factors. Milanovic explains the phenomenon through the historical data of the Kuznets curve in countries across the world.

This is a learned, but dry and technical treatise on a subject that seems to evade comprehension even by renowned economists and political scientists. That is not to say that Milanovic is a boring writer. This book will be appealing to economic and political science students, but the general reader may find Milanovic’s 2011 book, ‘The Haves and the Have-nots’ more interesting and palatable.
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Format: Hardcover Verified Purchase
Like Piketty the author tackles the problem of economic inequality but does it in a much wider perspective, in so far as he includes in the analysis the emerging countries and particularly China, and also takes into consideration, at least from a theoretical standpoint, premodern societies. The result is a very broad and convincing picture. If the diagnosis is brilliant, the therapy, as was the case for Piketty, remains quite vague; his suggestion to concentrate more on endowments and less on redistribution certainly appears correct in general terms, however it is not so easy to see how it could be put in practice.
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Format: Hardcover Verified Purchase
Excellent, non-biased analysis of inequality among and within countries today. Precise data without too many numbers and without intricacies; no ideology.
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Format: Hardcover Verified Purchase
Terrific short book, bustling with ideas, and conveyed in language that could not confuse any reader. Truly written to be read.
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Format: Hardcover Verified Purchase
Clear, concise and a profound book but written for a general audience. Mind blowing!
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