Global inequality when unequal countries create unequal people

Inequality and Globalization: A Review Essay

“…It might be argued that many of these other factors impacting inequality stem indirectly from globalizing forces, and something like this is suggested in places by both authors. Both see the forces of technology, 16 Lakner and Milanovic (2016b) reply to Corlett (2016), though they do not take issue with the claims by Corlett referred to here. Also see the comments in Freund (2016), who also questions Milanovic's interpretation of the elephant graph, drawing in large part on Corlett's work.…”

“…Corlett (2016) finds that the dip to near-zero growth around the eightieth percentile in figure 2 vanishes if one takes out Japan and the former Soviet Union. 16 Other changes have been covariate across regions and countries. Technical innovations-interacting with inequalities of education-have brought gains to skilled workers and owners of capital, and this is true in both developed and developing countries.…”

“…34 Something similar is needed for global inequality. 35 Ravallion (2017) proposes a tractable approach to measuring global 34 Atkinson and Bourguignon (2001) provided such a concept for global poverty measurement and a generalized version with a global empirical implementation has been developed by Ravallion and Chen (2011).…”

What might explain today's conflicting narratives on global inequality?

“…23 Also notice that the upward adjustment to the measure of global inequality rises sharply with higher . For even moderate (positive) , global inequality is far higher than prevailing measures suggest, and far higher than is found in the most unequal country (Ravallion 2018b). Indeed, the differences in levels of inequality due to even rather modest differences in how one values national-mean income tend to swamp the differences seen over time in standard measures, or the differences we see between countries.…”

“…Clearly this will yield a higher between-country component of global inequality. The higher the value of the greater betweencountry inequality (Ravallion 2018b).…”